Kart Block

Kart Block is an e-commerce ecosystem built on blockchain technology. It joins an online marketplace, a digital wallet and a cryptocurrency reward scheme, so that users are rewarded for what they contribute to the platform.

The team says it comes from the e-commerce industry and has run an online marketplace in one of the world's largest e-commerce markets.

What Kart Block offers

• Marketplace — lets vendors sell directly to customers and accept cryptocurrency.
• Digital wallet — used to send and receive funds.
• Token rewards — customers and users earn cryptocurrency for taking part.
• Blockchain layer — records payments, transactions, smart contracts and data checks, running on the Ethereum network with ERC20 tokens.

Who it works with

It targets buyers, sellers, retailers and advertisers who want to trade across borders without intermediaries.

Key facts

• Network: Ethereum, with standard ERC20 tokens
• Ledger: Hyperledger used for records