Blockchain The Future Of Online Marketplace

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BlockchainThe Future Of Online Marketplace
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About Us
11 Locations from where we engage with global
clients
2000 Enterprise-class solutions products
delivered
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What is the Blockchain Marketplace?

• Blockchain Marketplace directly connects
  Customers and Sellers.
• It has a decentralized ledger that verifies the
  contract between two parties.
• Producers, sellers, and customers can sell and
  buy products transparently.

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Blockchain Marketplace Flowchart
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Features of Blockchain Marketplace
Decentralized Hosting
Easy Shipping

• Producers dont have to pay while placing the
  products on the marketplace. Transaction of money
  takes place only when the product is purchased.
  Sellers can offer any product and can promote it.
  

The Marketplace is hosted by its users and
supported by their computing capability. It
ensures continuous availability of the
marketplace.
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Features of Blockchain Marketplace
Secured Environment
Smart Contracts
Blockchain marketplace has time-stamped
verification at every stage of a transaction.
This keeps the transactions safe by tracing them
and prevent any type of manipulation.

• They are digital contracts that are tamper and
• fraud-free. They keep the transactions
  transparent.
• To know more about smart contracts
• Click Here

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Podcasters and Advertisers Marketplace
Client approached Cygnet to enable them to
disrupt the podcast industry by having a unique
online marketplace for podcasters and advertisers
with campaign management. They wanted to develop
a global blockchain based electronic marketplace
focused on providing transparent bidding and
campaign execution for the entertainment
industry.

• COUNTRY
• USA
• DOMAIN
• Media and Entertainment
• SUPPORTED PLATFORMS
• Ethereum, Node.js, Angular,
• HTML 5, Micro Service, Architecture, MySQL, Jira
  Bitbucket, Agile ,

• Business Challenges
• 120 days payment cycle transaction cost
• Offline facilitation of podcasters advertisers
• No value addition to podcasters advertisers
• Knowledge management on excel sheets
• Insignificant Podcast analytics

• Business Goals
• Registration of podcasters, advertisers,
  ad-agencies network administrators
• Podcasts announcements agreements through
  Smart Contracts
• Campaign management through Smart Contracts
• Wallet management
• Commission payments management through Smart
  Contracts
• Recommendations based on Natural Language
  Processing

• BENEFITS
• Our client company is now able to attract and
  promote more podcasters.
• The marketplace enabled smart work and helped to
  boost productivity.
• Decentralization and smart contracts reduced the
  existing 120 days payment cycle to 45 days.
• Smart Contracts eliminated paperwork and excel
  sheets.
• Minimum steps to sell the advertisement
  timeslots.
• Marketplace is empowering to locate relevant
  advertisers based on the podcast category, thus
  eliminating junk.

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Blockchain is a game-changer for the online
marketplace. It will become mainstream in a short
period of time as it offers additional features
to customers. Cygnet can help you explore
Blockchain in detail.
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irrespective of their domain
Teams with strong understanding of ethos
culture, fully capable of mitigating risk
The CygnetAdvantage
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Scalable Architecture
More aligned, higher autonomy to deliver high
quality enterprise applications
Engineering for the future, today
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Cygnet Values
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Contact Us
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Cygnet Infotech LLC. 125 Village Boulevard, Suite
315, Princeton, NJ 08540
Cygnet Infotech Pvt. Ltd. 16-Swastik Society, Nr.
AMCO Bank, Stadium Circle, Navrangpura, Ahmedabad
380009
91-79-67124000
1-609-245-0971