An eCommerce BlockchainEcosystem that adopts Lien model of Business Transaction to enhance protection of Consumers' that rely on eCommerce to purchase goods.eCommerce is a trillion-dollar industry that continues to attract many innocent purchasers and, as a result, there are many rogue vendors that are benefiting by offering substandard products to consumers. ...Read More

An eCommerce BlockchainEcosystem that adopts Lien model of Business Transaction to enhance protection of Consumers' that rely on eCommerce to purchase goods.

eCommerce is a trillion-dollar industry that continues to attract many innocent purchasers and, as a result, there are many rogue vendors that are benefiting by offering substandard products to consumers. Owing to such unethical business practices, LafontInnovations LLC has introduced a concept referred to as MILLIODS Ecosystem that will reduce such practices in the eCommerce industry.

MILLIODS Ecosystemconcerns the enhancement of the concept of Consumer Protection whereby the consumer will purchase goods (tangible and intangible), and once the goods are delivered, the Consumer will have the chance to inspect the goods prior to making any payment. Therefore, once the Consumer makes an order, the MILLIODS Ecosystem will automatically provide MID Tokens of equal value of the goods, plus 10percent extra to the wallet of the vendor as a collateral. In doing so, both parties’interests will be highly protected. If satisfied, the Consumer can use fiat currency to pay the Vendor and have the MID Tokens reverted to the purchaser’wallet or use the MID Tokens to settle the required payment.

In the event theConsumer is dissatisfied, the Consumer will cause the product to be returned to the Vendor as it was or will be liable to pay for any damages caused or be forced to own the product as a result of the damages.

Our primary goal is to ensure that Vendors’ enhance good business practice by providing quality products or at least those that meet the products described on the online platform, which in turn will make purchasers have confidence on eCommerce.