Galaxy eSolutions - Global eCommerce for Updated Smartphones


What is Galaxy eSolutions (GES)? 

Galaxy eSolutions Limited is a Global eCommerce for refurbished and pre-owned smartphones and other consumer electronics goods, with markets for buying and trading goods

What is Token GES?

A GES Token is a form of a utility token created for Initial Coins GES Offer (ICO), which is also called Crowdsale, and to purchase it required Ether. Ether is the cryptocurrency of the Ethereal network. Tokens can then be used instead of Ether or to purchase products from our current NDBD e-commerce site and our new GES site in the future. 

How is GES different? 

We combine the Blockchain platform into one of our MobileFreak markets, where consumers and businesses can trade - on their phones with other businesses. This will be a model and a direct P2P type ecosystem. Blockchain technology will also help to easily and quickly record details of goods, transactions, and logistics on both sides. 

This can address the issues of trust and credibility between the two parties, such as supplier quality, product ratings and quality standards, Mobile serial number to ensure genuine and non-counterfeit goods or stolen goods, and payment of goods and services

Galaxy eSolutions Limited

is a global eCommerce ecosystem with fast growth and tangible appeal, achieving sales of 20 million USD in its first year of operation.

Its vision is to fully integrate the blockchain and evolve into a hybrid ecosystem with a market platform, so as to solve some pain points in the preowned and refurbished multi-billion electronics industry.

Market Trends and Predictions

Galaxy eSolutions predicts that the preowned and refurbished consumer electronics market will
continues to grow due to various factors, including:
  • Unsatisfied demand from developing countries.
  • Growing consumer needs to have a second phone (one for business / work).
  • Shorter consumer electronic cycle and continuous improvement.
  • Grow awareness of the need for environmental sustainability.
  • Use of large-scale sharing and large-scale circles

Market Trends and Predictions

Galaxy eSolutions predicts that preowned and refurbished consumer electronics markets will continue to grow due to various factors, including:
  • Unsatisfied demand from developing countries.
  • Growing consumer needs to have a second phone (one for business / work).
  • Shorter electronics consumer life cycle and continuous improvement.
  • Grow awareness of the need for environmental sustainability.
  • Large-scale sharing and sharing use
  • Operational Structure

Problem

  • Unclear Phone Version / Product Not Described 
On most phone trading websites, only phone models are listed. Therefore, the exact version of the phone is not shown clearly. Phone version information is required to let buyers know they are buying the right phone for the right market. For example, local merchant shop at 
  • Potential Scams / Fraud 
In many cases, the phone is almost as good as cash, because it is highly tradable and of relatively high value. Hence, the phone industry is often littered with scammers. Typical scams include failing to deliver the goods after being paid, selling stolen goods intentionally and selling items of questionable quality. There are also suppliers who mix up some bad products with good products just to increase their margins. Obviously, this industry has no trust.
  • High Transboundary Transaction Fee 
We all know that trading for international payments is expensive and often causes exchange losses. In some cases, payments must be made through an intermediary bank, often taking days to complete a transaction. This attention is more strict against the actions of AML (Anti-Money-Laundering), 
and we see higher cross-border transaction costs.
  • Verify Product Movement 
When the deal is over, what is needed next is the movement of goods. There are many cases of items not delivered on time, or tracking numbers need to be pursued. There are also cases of items sent to the wrong address, held at customs or even given a fake tracking number

The solution

  • Building Trust in an Environment Without Trust 
One solution to ensuring the right product in the right market is to get a IMEI (International Mobile Equipment Identity) phone from the seller, where each phone has one (or two, if it is a dual SIM version). The unique IMEI number of each phone will reveal information such as model number, region and therefore associated network versions and bandwidth.
  • Eliminating the Risks of Fraud and Fraud 
Since providing an IMEI number means that suppliers tend to have goods with them. IMEI numbers can also be used to ensure the goods are not stolen. Thus, placing important information about blockchain will certainly help stop fraud and also improve the trading experience. APIs with IMEI database companies can facilitate faster checks in the plans
  • Reduce Transaction Fees and Transaction Fee Time 
cross-border will be greatly reduced by choosing to transact using crypto diarrhea like BTC, ET or even using a GES token. Time will also be saved and transactions can happen in hours instead of days. 

  • Tracking Product Movement and Refurbishment Details 
Information such as when goods have been updated, who is rejuvenating, current warranty status, courier used, date sent, tracking number, shipping weight, and many other logistics records can be incorporated into blockchain, improve trading experience, combat fraud, and prevent inconsistency of delivery

Economic Token & Usage


Benefit of funds


Roadmap


For more information:

Website: https://galaxy-esolutions.com/
ANN: https://bitcointalk.org/index.php?topic=2715023.0
Whitepaper: http://whitepaper.galaxy-esolutions.com/GES_Business_Deck_Full_Version_EN.pdf
Facebook: https://www.facebook.com/GalaxyeSolutions/
Twitter: https://twitter.com/Galaxye_eSol
Medium: https://medium.com/@GalaxyeSolution
Telegram: https://t.me/gesico

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