KONNECT
  • KONNECT
  • ◻️Whitepaper
    • KONNECT Whitepaper ENG
      • Summary
      • Duty-Free Market Analysis
        • Prospects of Duty-Free Market
        • Purpose of Blockchain Introduction
      • Konnect Project
        • Konnect E-Commerce Platform
        • Konnect NFT Marketplace
          • 1. Luxuriate to Earn NFT(L2E NFT)
          • 2. KONNECT PFP NFT
        • Konnect Community
      • Konnect Membership
        • Structure of Konnect Membership
        • Benefits of Konnect Membership
        • Terms and Conditions of Konnect Membership
      • KCT Token
        • Token Matrix
        • Token Economy
        • Token Allocation
      • Roadmap
      • Our Team & Advisor & Partner
        • Team
        • Advisor
        • Partner
      • Exemption Clause
  • 📍Membership
    • Membership
      • Accommodation
        • Oak Valley Resort
        • Aiden by Best Western Cheongdam
        • LOTTE CITY HOTEL
          • LOTTE CITY HOTEL MYEONGDONG
          • LOTTE CITY HOTEL MAPO
          • LOTTE CITY HOTEL GURO
          • LOTTE CITY HOTEL GIMPO AIRPORT
          • LOTTE CITY HOTEL DAEJEON
          • LOTTE CITY HOTEL ULSAN
          • LOTTE CITY HOTEL JEJU
        • LAHAN
          • LAHAN SELECT GYEONGJU
          • LAHAN HOTEL JEONJU
          • HOTEL HYUNDAI BY LAHAN ULSAN
          • HOTEL HYUNDAI BY LAHAN MOKPO
          • LAHAN HOTEL POHANG
        • L7
          • L7 MYEONGDONG
          • L7 HONGDAE
          • L7 GANGNAM
        • Hotel Nongshim
        • LOTTE HOTEL
          • LOTTE HOTEL WORLD
          • LOTTE HOTEL SEOUL
          • LOTTE HOTEL ULSAN
        • LOTTE SIGNIEL SEOUL
        • Park Roche
      • Beauty & Spa
        • MYGB SPA
          • MYGB Spa Black
          • MYGB Spa Jeju Airport
          • MYGB Spa Cheongdam
        • Foresta
          • Foresta Black
          • Foresta BAYANTREE
          • Foresta Dongtan
      • F&B
        • A Lounge
        • All day fresh kitchen
          • All day fresh kitchen Yeouido
          • All day fresh kitchen Gwanggyo
          • All day fresh kitchen For ME Lotte World Mall
        • Mammoth Coffee
      • Health & Medical
        • BongBong Plastic Surgery Clinic
        • FRESH Plastic Surgery Clinic
        • Minish Dental Hospital
        • Oganacell Dermatology Clinic
      • Shopping
        • The Shilla Duty-Free
          • The Shilla Duty-Free Seoul Store
          • The Shilla Duty-Free Jeju Downtown Store
          • The Shilla Duty-Free Incheon Int’l Airport T2 store
          • The Shilla Duty-Free Changi Airport Store
      • Life
        • JOOWON Attorneys at Law
  • 🤝PARTNERSHIP
    • Partnership
  • 📱Application
    • Android
    • iOS
    • How to fix
      • Enable JavaScript Cell phones(ENG)
      • 手机javascript怎么启用 (CN)
  • 🔄AMA
    • AMA RECAP Konnect (Aug 17th, 2023)
  • ❓F&Q
    • F&Q
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Konnect E-Commerce Platform

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Last updated 1 year ago

Konnect has B2B infrastructure constructed by duty free distribution business and provides goods and services at the competitive price to KCT membership holders as the top tier operator of a market. The product trading in e-commerce is reliable due to our preemptive purchase and distribution and It works as attractive point that digital asset can be paid.

The member assigned our membership level by KCT staking enjoys various things, e.g. purchasing luxury goods with discount benefit, or travel, accommodation services and etc. registered on our platform through claiming accumulated reward in accordance with the term of staking activation is passing. More than 50 distributors as our strategic partner already have more than 60,000 goods and services so our users choose diverse benefits on their needs and requests.

Konnect e-commerce is the integrated online platform and record the process of purchase by every stage, so that can be verified. The user gets NFT certification of authenticity by confirming the purchase after the user purchase specific goods and a delivery is completed on our e-commerce.

NFT certification of authenticity is recorded in encoded hash data all the details of brand name, product number, serial number, purchase date, origin and etc. The purchaser on e-commerce can use NFT certification of authenticity as securing reliability of transaction when selling their purchased goods to other user on our community. When P2P transaction is completed through this NFT, it is transferred to the receiver, then will be worked as means proving consistent reliability on the transaction in the future as well.

Konnect e-commerce records the classification by each process on off-chain of blockchain to prevent the bottleneck state occurring on the transaction process containing all the details of transaction and handle large amount of transaction simultaneously. We secure the transparent distribution process through applying the system that verifies relevant details by decoding the hash data on off-chain through the verification key on platform after recording the verification key to inquire details of specific transaction or distribution later on. When it is confirmed that e-commerce stably processes the large transaction as it designed and the linking between B2B operators is completed, we can offer the distribution data in much more sophisticated shape to our partners and users. All through this work, we can realize the optimal transaction efficiency by securing various transaction route with standardizing propensity of consume or advancing the platform algorithm to enable the transaction in new shape.

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Figure 05. Screenshot of E-Commerce Platform, MVP
Figure 06. Basic Flow Diagram of NFT COA