Luxreum Uses Blockchain To Help Sellers Conquer E-commerce Giants!

  MIAMI, FL - 08/23/2018 (PRESS RELEASE JET)

" Leveling the marketplace playing field using the latest technologies"

The emergence of e-commerce realigned the retail industry into two fronts: Centralized e-commerce platforms charging exorbitant commissions versus a string of novice individual online stores dwarfed by their centralized counterparts. The centralized e-commerce giants including the likes of Amazon, Alibaba, and eBay spend millions of dollars towards advertising, making it almost impossible for individual online stores to compete.

That’s where Partnership Selling comes in, allowing individual sellers to pool resources against centralized e-commerce enterprises.

Luxreum Global has announced a global hybrid online marketplace powered by the blockchain technology that allows premium and luxury segment retailers sell their products online. Additionally, Luxreum Global plans to create an offline network of dealers, retailers, brokers, and manufacturers working in the premium and luxury industry to offer authentic goods and services to their customers.

The online hybrid marketplace is a global platform for individual retailers in the premium and luxury segment. It utilizes blockchain technology along with other leading technologies to offer a secure and authentic shopping environment. Luxreum Global is collaborating with leading technology startups to provide end-to-end shipment tracking, customer insight panel, mobile app, and digital API solutions for creating individual online stores.

In a nutshell, individual retailers do not need huge marketing budgets, project team or technical expertise to run an online e-commerce store.

Sell directly to the global Cryptocurrency affluents

The global cryptocurrency affluent class is among the most unserved customer segment, representing a potential opportunity for retailers. Research indicates that cryptocurrency affluents are quite similar to their fiat counterparts when it comes to premium and luxury products.

Luxreum Global enlists cryptocurrencies as the primary payment method on its online hybrid marketplace, making it the perfect shopping destination for cryptocurrency affluents. It will accept all the major cryptocurrencies including BTC, ETH, LTC, DOGE, and XRP on its marketplace.

Luxreum is working on a native cryptocurrency exchange, which will allow retailers to convert their crypto assets to fiat within its ecosystem. The company offers a patent-pending escrow protocol to safeguard the financial interests of both customers as well as retailers.

Accept cryptocurrencies on your e-commerce store

For retailers mindful of the cannibalism and competition in the online marketplaces, Luxreum offers digital solutions to create individual online stores, escrow services, and cryptocurrency exchange. With its e-commerce API, retailers can develop individual online stores and maintain their brand identity while offering a seamless online shopping experience to their customers. Furthermore, online stores can integrate Luxreum’s cryptocurrency exchange to accept cryptocurrencies as a payment option. Retailers can use Luxreum’s escrow service for major purchases, enjoying payment protection on large transactions. Luxreum plans to offer 24x7 technical support to its platform users.

Interested readers can visit Luxreum Global at https://luxreum.io/and find out more by reading the company “white paper” and about their ongoing fundraising event.

About Luxreum Global: They are a blockchain and cryptocurrency hybrid marketplace provider using security and safety protocols in online and offline shopping.