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Elementh is a blockchain for e-commerce

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Smart contract blockchain




Sergey Ryabov - CEO

Dmitriy Bereznitskiy - CTO

Vitaliy Mengeshev - COO

Aleksandr Vasilev - Data Scientist

Sergey Morozov - Backend Developer

Eugene Prigornitskiy - Backend Developer

Along with the system of tokens, Elementh has a system of goods, which can also be used in a large number of applications, such as tracking the movement of a particular item from its creation to the current owner, tracking original goods and detecting counterfeit goods. Unlike the system of tokens, the system of goods also provides for the ability to "issue" a particular product at a particular address, indicating all possible item's data (such as name, manufacturer, bar code, etc.). And if identical goods are already present in the blockchain, the issuer will receive a message about it, and he will have the opportunity to indicate how many items of goods he wants to "issue". If an item has a serial number, it is possible to specify it when the transfer operation is being performed. To provide protection against data forging, only the hash of the serial number is fixed in the system, therefore only the person who knows the initial number has the ability to make a valid transaction. In the absence of a serial number at the moment of "issuing" goods, the system generates it randomly and the holder is able to use it to identify a particular item of goods by printing out the QR code on the package, writing it in an RFID tag or in any other convenient way.

Expert Review

4.4 out of 5

Elementh is aimed at creating an infrastructure for e-commerce using blockchain technology. As a result, a multifunctional technology covering various areas of e-commerce should be obtained - from warehouses to buyers. It will be possible to expand the functionality by creating additional applications that work within the ecosystem. The site of the project has very unusual design, which makes it more difficult to obtain information, although this can not be called a serious drawback. The project is presented in almost all social networks. In addition, the team took care of posting information about its project on various information resources about the ICO. Also a very good factor is the availability of the project MVP.

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