Quote from: Vurdalakus on March 12, 2018, 05:15:15 PM

Decentralized system seems to be your innovation. Can you tell something about this technology in more detail? I want to understand the principle of its work better.

Hi Bulllbas,

while we are striving that some of the features will be decentralised (i.e. DIP stored on blockchain, decentralised item sale, loyalty program ...), our intentions are not to establish completely decentralised product. In this case we would need to cope with high transaction costs on Ethereum Network that would occur in completely decentralised system.

Any product, purchased through the Eligma platform or manually added to the user`s Product inventory, will receive a Digital Item Profile (DIP), that will be stored in a sidechain and its block's hashes to Ethereum Network. DIPs include several information (including owners ID) that will be encrypted and not accessible until the user decides so. As an additional security feature for both the seller and a buyer, Eligma will also develop a mechanism to execute a purchase or any trade process in a completely decentralized way using smart contracts on a blockchain. To continue with, Eligma will offer also a completely decentralized universal loyalty program any merhant could join. There will be no need to register with a standalone loyalty program and users will be able to redeem acquire. If you want to dig even further, please take a look at our whitepaper: https://www.eligma.io/pdf/eligma-white-paper_v1.1.pdf