Description
Splyt is a blockchain-based e-commerce protocol that aims to enhance transparency, trust, and efficiency in the global e-commerce sector through the use of smart contracts and a unique NFT inventory system. By assigning a non-fungible token (NFT) to each product listed on participating e-commerce platforms, Splyt creates a certificate of authenticity, ownership, and chain of custody for items, addressing issues like double-spending and counterfeit goods. The $SPLYT utility token facilitates transactions, governance, and incentives within the ecosystem, allowing token holders to participate in decision-making processes. Splyt's integration with e-commerce platforms is designed to be seamless, promoting a decentralized and frictionless transaction environment. Additionally, Splyt functions as a Layer 2 NFT Infrastructure aiming to decentralize the e-commerce supply chain by using eNFTs (e-commerce non-fungible tokens) as a global blockchain SKU system. This innovative approach simplifies the e-commerce supply chain, reduces fees, and prevents central authority interference, making cross-listing across multiple platforms easier and more secure for sellers and enhancing the overall...
Splyt is a blockchain-based e-commerce protocol that aims to enhance transparency, trust, and efficiency in the global e-commerce sector through the use of smart contracts and a unique NFT inventory system. By assigning a non-fungible token (NFT) to each product listed on participating e-commerce platforms, Splyt creates a certificate of authenticity, ownership, and chain of custody for items, addressing issues like double-spending and counterfeit goods. The $SPLYT utility token facilitates transactions, governance, and incentives within the ecosystem, allowing token holders to participate in decision-making processes. Splyt's integration with e-commerce platforms is designed to be seamless, promoting a decentralized and frictionless transaction environment. Additionally, Splyt functions as a Layer 2 NFT Infrastructure aiming to decentralize the e-commerce supply chain by using eNFTs (e-commerce non-fungible tokens) as a global blockchain SKU system. This innovative approach simplifies the e-commerce supply chain, reduces fees, and prevents central authority interference, making cross-listing across multiple platforms easier and more secure for sellers and enhancing the overall...
