It is important we make a good reference to what Blockchain entails whenever we tend to talk about cryptocurrency. For most of who are fully aware of the concept, it may appear wearisome. But for a rookie, it is necessary. Blockchain is known for its decentralised, scalable, trustless and secure nature, hence the fast adoption. See here for more knowledge about Blockchain.
Plaza System And Blockchain Technology
Commerce is as old as the world itself. In fact, it is the path to human survival. From the era of primitiveness (Trade by Barter) to the modern epoch, buying and selling has transformed from the rudiment way to an evolved systems as seen in e-commerce of today. However, innovations happen as a response to quest for solution to numerous problems of an existing inventions. Barely can a minute pass without the art of buying and selling taking place. So solving problems associated with commerce equates an innovator to a legend.
Plaza System
Plaza Ecosystem And Attributes
- Reliability
Plaza systems provides a platform for businesses, merchants, buyers and sellers to achieve utmost satisfaction in commercial dealings through the MerchantChain. Plaza systems MerchantChain is likened to a Total bcommerce (Blockckain Commerce) that provides the superlative form of scalable, fast, secure, sustainable and future-reference distributed ledger system for Trade. It is an interface for businesses to build decentralised applications. As a seller, you can request to build and deploy your creativity presented in an application on the MerchanChain giving you control over your data. It simultaneously provides a trustless environment between all parties to transaction (as transactions are visible to everyone) and safe through an enhanced security system inculcated in the blockchain. To infix trust and confidence in the system, it is mandatory that all parties possess the AURA Security Socket Layer (SSL) Certificate to prevent fraudulent acts.
- Security
The MerchanChain as a layer in the ecosystem exposes online commercial activities to blockchain benefits. It provides an open future-proof recordability of all trade history through its immutable distributed ledger system. On the merchantchain, it is quite impossible for a party to make alteration to record since all network miners connected by nodes on the chain have same records in their ledger, so it will be quite impossible for a perpetrator to access all simultaneously hence the highly secured technology.
Business Model Summary
MerchantChain Transaction Coin (MTC)
One of the interesting part of this project is the use of a special coin designed to suit Merchants needs. A merchant can decide to have a customised token for his products which will be issued subsequent to query through a smart contract. Sellers are allowed to mint their tokens on the MerchantChain which is tied to real value and can only be spent not holding.
Plaza Team
With the amazing ideology that gave rise to Plaze System, it obviously a result of deep thoughts and complementary efforts of people who we consciously want to sure of their identities. Let's see the brains behind the bcommerce technology. From the Plaza Site, it appears the projects have more hands, but in this article, i'll focus on few of the CoreTeam members.
Kevin Johnson 
CEO & Chief Architect
Kelvin has a 25 years expertise as a serial entrepreneur. He has being at the cutting-edge of many technology developments and growth revolutions. He earlier has been embracing the proliferation in the evolution of the DotCom, e-commerce and afterwards as a disruptive innovator of blockchain technology.
Tracey Allan Powel
Interim Chief Operating Officer
He has been with JPMorgan Chase and Co for total period of 9 years in San Antonio as: Business Analysis Group Manager and first VP for the period of 2008 to 2012, Executive Director and program Manager for period 2012 to 2015 and Ex. Director and a Senior Product Manager from 2015 to 2017. He was also the first Vice President, Business Systems support manager of the washington Mutual Saving Bank in Seattle elevated from lower position.
Ronald Aai LinkedIn
Technology Director
He has succeeded in building various internet businesses in the early stage of his career. He develops new technologies for social media, payment, mobile phones, telco systems, mobile wallets, IOT solutions and blockchain technology. See profile for details of his past experience.
David Gillbanks
Chief Communication Officer
David is currently a Writer for the www.NewMedia.pro since November 2010 to date. His foundation rests in publishing and corporate & marketing communications in the lifestyle, property, travel & tourism, not-for-profit, and economic development sectors.
For more Information about the team, see here
Token sales Information
Plaza System will have a utility token called "PLAZA". The system of total supply will be based upon amount of Token sold on reaching the Hard Cap. See token information below fig. 1.6
| Token Symbol | PLAZA |
|---|---|
| Algorithm | ERC20 compatible |
| Total Supply | Amount sold on reaching hard Cap |
| HardCap | 100,000 ETH |
| Payment Method | ETH |
| Price: 1 ETH | 5,000 PLAZA |
| Minimum Purchase | 0.25ETH |
| Pre-sale began March 15, 2018 | Until september 12, 2018. |
| Main Sale began October 4, 2018 | Until November 15, 2018. |
| Token Mining | False. |
| Token Transferability | Until ICO ended. |
| When hard Cap is reached or scheduled date | ICO ends. |
| Scheduled end date | November 11, 2018. |
Click to BUY PLAZA TOKEN
Proceeds from Token Sales is budgeted as in image below
To find out more about Plaza Systems or Token, check with the following Plaza communities
| Telegram Discussion Group | Telegram Channel |
|---|---|
| Business Discussion Group | |
| Github | Medium |
| YouTube | BitcoinTalk |
| WhitePaper |