AligatoCoin - Review


BLOCKCHAIN IN THE ALIGATO PLATFORM
Blockchain technology has the potential to solve many problems that not only the e-commerce industry is struggling with on several levels of its functioning. It has often been proved that the currently functioning e-commerce business model is insufficient, and the lack of its evolution may have negative consequences for all participants of this market all over the world - for example, last year's data theft from the Equifax website took over 143 million Americans. Existing companies have more and more difficulties with explaining details of supply sources or hidden costs of a product or service.

Buyers are wondering if the product they have ordered will comply with a specification and whether its payment and personal data will be safe. On the other hand, sellers are not sure about the origin of the product, they are afraid of its quality and authenticity, the lack of which is associated with the loss of credibility, and hence financial losses. The main task of e-commerce is to make a purchase faster, simpler and cheaper, while the whole process should also be safer. The existing solutions are insufficient to fully achieve these goals. Platform Aligato 2.0 based on the blockchain technology, will adapt the following associated facilities:

1.      Placing all data about products and their origin on the blockchain will allow potential buyers to verify the authenticity of the goods sold. It will also allow you to find products more accurately meeting the requirements of recipients, as well as finding the same item with another supplier at a lower price. Suppliers will be able to verify whether the specification of the goods they produce is correctly presented by the sellers. It will also enable tracking the supply chain to check whether up-to-date and real information about inventory levels of suppliers and sellers will allow buyers to obtain reliable information or if the seller actually owns the product and will enable consumers to buy and collect the parcel in the shortest possible time.
2.      The number of users of ecommerce platforms and the amount of data exchanged among them is huge. The data record based on the blockchain will significantly reduce the number of processes and prevent the necessity of repeating them repeatedly. It will also reduce data duplication and eliminate the risk of data loss.
3.      Aligato users sensitive data security will be much upgraded. Better mutual verification of buyers and sellers will reduce the risks associated with transactions, and the safeguards provided by blockchain technology will reduce the risk of theft of personal and financial data of Aligato users.
4.      in addition to transactions using all the payment systems and methods available today, Aligato will offer you the opportunity to purchase goods and pay fees and commissions using the most popular cryptocurrencies and AligatoCoin, the Aligato internal token.
5.      Using AligatoCoin within the platform will guarantee the user much lower costs of using and servicing the website, especially sales fees, at the same time allowing them to be exchanged directly for other cryptocurrencies or fiat currencies.

GENERAL SPECIFICATION ( Website : https://aligatocoin.io/ )
Token Name: AligatoCoin
Token Symbol: ALC
Platform: Ethereum (ERC20)
Distribution Process: The ALC tokens will be delivered once the ICO has closed
Cryptocurrency Unit (Token) Price: 1 ALC = 0,50 USD
Minimum Amount of the Cryptocurrency Tokens to Buy: 1 ALC
Pre-ICO Opens on: 20.04.2018 (12:00 CET)
Pre-ICO Closes on: 29.07.2018 (12:00 CET)
ICO Opens on: 30.07.2018 (12:00 CET)
ICO Closes on: 30.08.2018 (12:00 CET)
Soft Cap: 1,000,000 ALC
Goal: 35,000,000 ALC
Maximum Cryptocurrency Release Volume (Hard Cap): 70,000,000 ALC
Protection of Investors: If the Minimum Goal is not reached, the funds will be paid back to the investors once ICO has closed
Maximum Cryptocurrency Supply: 100,000,000 ALC
Token Distribution: Aligato 30%; crowdfunding investors 70%
Payments Methods: BTC, ETH, LTC, DOGECOIN, ATB, Aligato.pl ( PLN & USD )

SYSTEM PAY VIA EYE
One of the most innovative technological aspects of the project is the implementation of the Pay via Eye payment system for its needs, i.e., approval of transactions by means of iris scan.



When you look closely into the human iris, you can see a unique arrangement of lines and folds. Even for the same person, this system will be different for each eye. The most important feature of the iris with regard to the methods of verification or payment is its immutability over time. Thanks to this, iris can act as biometric security.

Our team plans to implement PvE technology using the right algorithms from existing devices, creating its own scanner to run PvE as one of the available payment methods on the Aligato platform. What's more, in order to increase the security of transactions, payment with PvE will require additional authorization (2FA) - it can be an SMS with a code, Google Authenticator or pre-determined PIN.

ALIGATO ARTIFICIAL INTELLIGENCE
The simplicity of service, especially from the technical standpoint, is important to us, therefore, we plan Aligato to become a very intuitive platform.  The user, starting to work with our platform, will be guided by an automated management system. At the same time, this system will observe the user's behavior and learn to work with them. The AI system will also be responsible for automating the sales system through suggestions generated based on previous user interactions with it. Depending on your preferences, the process can be performed manually or with the help of AI.


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