Uquid a Bridge between DeFi and E-commerce

　　Modeled after Amazon, this stage is building the bridge between DeFi and e-commerce. This DeFi ecosystem is upsetting e-commerce by leveraging DeFi conventions to construct the next Amazon.

　　Numerous similarities can be drawn from the rise of decentralized finance (DeFi), a peer-to-peer finance system that leverages decentralized technologies on the Ethereum (ETH) blockchain, and what e-commerce was like in the late 90s/early 2000s era. Both time periods shift how consumers get things done by achieving greater efficiencies and handling significant problem areas.

　　Even more astonishing than the parallels are the proposed blend of e-commerce and DeFi in a use case. Since DeFi has continued to shake up the monetary space, many believed the same thing happening to e-commerce was just a matter of time. With decentralized finance, the middleman, an establishment, is replaced with a brilliant agreement that automates the presentation and exchange of the currency.

　　On the off chance that you can imagine, the result is that customers with cryptocurrency can pay for their labor and products online with their advanced currency. In this web storefront with supportive usefulness, payment means connecting one's wallet and completing the exchange, eliminating the need for adding personal card details, and for the store owner, no chargebacks due to blockchain's immutable nature.

　　Uquid, a DeFi ecosystem, is meaning to “build a bridge between DeFi and e-commerce,” effectively becoming an “Amazon of DeFi” online shopping stage. They will probably provide an answer for decentralized finance to access e-commerce through use cases, including Shopping Mining, Shopping Staking, and automated Shopping Making.

　　Tran Hung Uquids CEO shares, “this combination of DeFi and e-commerce allows buyers and sellers to cut out middlemen and reduce fraud, which makes the exchange of goods and services more efficient and leads to savings for customers.”

　　Uquid plans to address several essential use cases. Among them is a DeFi-oriented enhancement of the Loyalty program system. Normally, each customer is required to show their unwaveringness cards each time they make a purchase. From this point forward, each wallet address used for payment will consequently be used for reward recognition after the completion of an order. A brilliant agreement will recognize these focuses and make them available for a user to spend on a future date. Therefore, a shopper could receive dependability focuses from one vendor and afterward spend them elsewhere.

　　Uquid has an ecosystem called Defito, which offers a DTO token - a governance token that can be earned by adding to the shopping liquidity pool. Each Defito pool represents merchandise of Uquid's e-commerce websites, including games, mobile top-up cards, or gift vouchers. The automated shopping maker then connects merchandise from different suppliers and permits token holders to search for and track the lowest prices for a given amount of products they hope to purchase.

　　Another use case is in nonfungible tokens (NFTs) and, more specifically, an NFT supermarket system for advanced items. With this shopping system, sellers of each item are identified as a unique tokenID. After the exchange is complete, the buyer's ownership is immediately confirmed. The dispatch of the Uquid NFT marketplace achieves an area specifically tailored to the needs of influencers and content creators, like YouTubers, TikTokers, live streamers, and other online media influencers.

　　Uquid also has plans to apply “Buy All. Pay Later. Any Coin.”, -- a new feature to further enhance the shopping experience.

　　Uquid continues to upset the universe of e-commerce by giving users an advanced shop with more than 1,000,000 computerized items to shop inside this ecosystem. With the help of the Lightning Network node, exchanges are further accelerated, ensuring a lower cost for consumers.

　　The team continues to prioritize further upgrades of their store in their authority Roadmap. Thusly, the stage believes that DeFi will uphold business development in the e-commerce sector, expanding the number of customers that can be reached throughout the planet.

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