For Sell-It-Yourself Owners
Peer-to-Peer Marketing is online commerce that relies on Peer-To-Peer computing technology where the online user keeps his autonomy.
versus The traditional online computer user that runs his business in the role as a client on a stranger's big computer called a Server.
The Old and Bad Way:
The typical online computer user runs his business in the role as a client on a stranger's big computer called a Server. All other considerations are secondary to this fact notwithstanding strenuous assurances about encryption and security. The corporate owner of the server knows your details and is in a position to divulge it, either through carelessness or intent. He can summarily cut you off, just as Twiiter.com had done to Mr. Trump. Conventional E-Commerce relies on this Client-Server Technology.
The New and Good Way:
Alternatively, there is Peer-To-Peer technology in which your computer is not subservient to any single server; it is a peer within a network of equals that collectively produce awesome computing power. More importantly, your details remain under your control.
However, peer-to-peer technology goes beyond mere electronic equipment. It is really based on a different mentality of the participants to this commerce. This mentality rejects the hierarchical paradigm in which there is a central organization which controls the fate of those who are obliged to depend on its services. The Central Bank is a prime example. Consider the omniscience of a Central bank. It arbitrarily creates i.o.u documents called currency. Everyone is bound by law to transact the business of their lives using this currency. Similarly, Big Tech companies like Google and Facebook obliges most people to depend on their central servers. Think about that.
In this example, Crozdale is an Owner of a painting. He sells you title to the painting (it could have been real estate...whatever). An instant smart-contract "Title of Ownership" is created in the background on the fly.
Here are the Contract Details
In this illustration, The Smart Contract ID is: 0xae5a0070939c1c97c3b8e5a4499baff4f497f210
Price: .560.65 E | ($99.US)
Seller Crozdale is also known as : 0xac4e88d13b66daaa3b3adc8061d38d7ae12f54e7
Buyer YOU are also known as : 0x0000000000000000000000000000000000000000
The IPFS Hash (also known as The Secret Key that is proof of Title): QmeGMWNFSckkwg9pT8RfVM9V9zs1CPkN6d6bMErwVznMov
That secret string of characters legitimizes the Seller as having title to the item transacted.
This sample transaction is public knowledge. It is publicly visible using the TESTnet browser link:................. https://ropsten.etherscan.io/
Had this been an actual transaction, TESTnet browser would simply be substituted with ETHERNET browser..... e.g. the BitBrowze Token (BBRZ)
In the Search Box that is presented, simply copy and paste the smart-contract ID and, voila!
Smart contracts offer secure and private transactions. Participants retain privacy but the need-to-know details are in public view. This is the inverse of having an unlisted phone number in that the owner's number is invisible but the owner's existence is public knowledge.
WHERE DO YOU BEGIN?
You Transact with your Buyer 'A'
_______________REWARDS OPTION___________________
The following incentive may or may not be of interest to you. However,
That's it.