The foundation of Total bCommerce, the MerchantChain is the fastest, most scaleable, most sustainable, most secure, and most future-proof distributed ledger for commerce.
In addition to applying AI technology, Plaza will integrate the existing payment functionality with the key emerging technology of the blockchain in layers.
Debit card transactions are processed through the standard card processing network when a purchase is made and subsequently verified or denied by the Plaza MerchantChain.
Plaza’s Public Transaction Layer (PTL) is how the Plaza Ecosystem interacts with the outside world via third-party exchanges. It utilises the Ethereum blockchain.
Plaza’s e-commerce-specific Merchant blockchain, MerchantChain™, is an internal Proof of Reputation (PoR), low-power blockchain developed in-house. It provides enhanced coin protocol functionality throughout the ecosystem.
Using a separate lightweight message layer, all communication between ecosystem participants are fully encrypted and distributed across the Plaza Protocol nodes.
The Plaza Core layer is the public smart contracts layer which provides a trusted, conflict-free environment and open-sourced implementation of the key components of the PLAZA Token ecosystem.
Plaza’s Total bCommerce™ ecosystem integrates the fast and future-proof MerchantChain™—the FASTEST distributed ledger designed for commerce—and the Freedom Lifestyle™ suite of consumer-friendly product search & payment tools. Any seller, large or small, may build a presence within the Total bCommerce Ecosystem by tapping the power of the MerchantChain.
To participate as a buyer or seller, simply create an account on the Plaza Platform, complete the easy KYC process and start transacting with MTC, a fixed-value cryptocurrency whose value never changes.
Download our Desktop or Mobile app and start mining (witnessing transactions) instantly. You will start earning royalties 24/7 with our eco-friendly MerchantChain, which uses no more power than any other mobile app.
The PlazaCard enables cryptocurrency owners to use the crypto assets stored in their wallet to transact with most standard merchants in the world, even if they are not a Plaza Merchant.
With a lifestyle-first focus, we concentrate on the needs and concerns of people accustomed to convenience and security and who are cognizant of the creeping invasion of corporations and governments into their digital lives.
Limited-supply tokens lead to price volatility as realised by even hardened “currencies” such as Bitcoin and Ether. Thus, to stabilise prices and provide certainty for both buyers and sellers, the MerchantChain issues a dedicated transaction coin; a true currency backed by real-world value.
A reusable ERC20 coin that is freely transferable on the Ethereum blockchain, PLAZA links the Total bCommerce Ecosystem with the rest of the crypto world. On a day-to-day basis, holders of PLAZA tokens interact with the Ecosystem through fee-free exchanges of PLAZA to and from MTCs.
PLAZA is also used to build dApps on the MerchantChain and pay ledger maintenance royalties, Plaza Lifestyle Rewards, arbitration fees, etc.
MerchantChain Transaction Coins (MTCs) allow for frictionless e-commerce throughout the Plaza Ecosystem as buyers and sellers freely conduct their business without worrying about large movements in the value of their medium of exchange.
MTCs are priced, issued, and redeemed according to the value of any fiat currency or a select list of commodities. MerchantChain dApp developers can even mint their own branded MTCs.
Learn more about the Plaza Systems Architecture.
The PlazaConcierge is an Amazon Alexa-enabled smart speaker that supports user interactions and notifications, while silently earning money 24/7 by mining PLAZA -- marketplace utility tokens -- and …
Home to Plaza’s aspirational consumer lifestyle product, the Plaza ecosystem is created through the intelligent integration of established and emerging technologies. Buyers and sellers may interact within a …
Plaza’s e-commerce-specific Merchant blockchain, MerchantChain, is an internal Proof of Work (PoW), low-power blockchain developed in-house and live tested …