Shop3.0

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  prototype

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Inspiration:

A blockchain is a database that connects pieces of information (or blocks) (in a chain). Because the database is shared and controlled by several parties, abnormalities are quickly detected, making it a very reliable system. And, while blockchain has long been linked with Bitcoin transactions, other sectors are finally seeing its actual potential. With multiple high-profile data breaches in recent months (particularly Facebook's privacy problem with Cambridge Analytica), privacy worries are weighing heavily on the minds of internet users throughout the world. As these issues overburden vendors, they want a single system capable of resolving all security-related challenges. Fortunately, they have discovered the ideal answer in blockchain, which is a decentralized system.

What it does :

Because blockchain makes transactions safer and faster, the potential impact on ecommerce is tremendous. What is the purpose of blockchain applications in business and commerce? The most common blockchain technologies used in ecommerce are Ethereum, which provides a platform for ecommerce brands that want to manage their own blockchains; and Bitcoin, the cryptocurrency that led to the development of blockchain technology and allows customers to make purchases in sites and apps that accept Bitcoin as payment. Because it makes online financial transactions more secure, blockchain is a win-win for both brands and buyers. But it also provides a lot of other benefits, including cutting costs, improving business processes, making transactions faster, and improving the overall customer experience. Benefits of Blockchain in Ecommerce

1. Enhanced security. Data breaches and fraudulent transactions are major concerns for E-commerce retailers.
2. Cost savings. One big advantage of blockchain technology is that it allows retailers to combine services like payment processing, inventory management, product descriptions, etc. so that they spend less on buying and maintaining separate systems.
3. Easier, faster transactions. Because blockchain transactions are basically instantaneous and do not go through traditional banks, there are no delays for payment processing or pending transactions. Purchases can be made instantly, which means faster order fulfillment for customers.
4. Improved business processes. Blockchains can store more than just transactional data. They can store smart contracts, which can automate tasks based on preset rules and if-then statements, like automatic payments or inventory management.

How we built it:

Here, we use the NextJS framework to create an Amazon Web Services Data Application Platform version 3.0. The smart contract will be developed with hardHat and deployed with moralis fast nodes. To guarantee that your custom coins conform to the erc20 standard used by moralis, we employ open zeppelin. moralis makes it so that it's a breeze to interact with a smart contract, so you can go ahead and utilize it. We sign into and build within this app, and ultimately publish to the web via the service Netlify.

Challenges we ran into:

The front end was simple to complete, but Moralis deployment of the website required a lot of work. However, the project was almost implementable because of the use of Metamask and NextJS.

Accomplishments that we're proud of:

While the front end was easy to finish, getting the website ready for distribution on Moralis took a lot of effort. However, thanks to Metamask and NextJS, the idea was nearly implementable.

What we learned:

During this project, we as a group was able to create a platform using Next.js, Tailwind CSS, Ether.js, Solidity, and Canva. We learned a lot about blockchain and web3.0 and decentralized systems.

What's next for E-commerce Web3.0 blockchain App with Solidity:

We will be building different websites like NFT marketplaces and Coinbase websites

Built With

• css
• ethers.js
• moralis
• next.js
• solidity
• tailwind