Please describe your proposed solution
The interactive-commerce (i-commerce) market has been growing rapidly in recent years, fueled by advancements in tech, and changing consumer preferences. While traditional e-commerce focuses mainly on convenience and efficiency, i-commerce adds elements of entertainment and engagement, creating more memorable and personalised digital shopping experiences. One indicator of the growing importance of i-commerce is the increasing adoption of interactive features by major brands and retailers. Companies like Lacoste are leveraging i-commerce to enhance their online shopping experiences and differentiate themselves from competitors.
Our proposed solution amplifies the case for Cardano integration in customisable i-commerce solutions.
The framework for Cardano i-commerce is derived from the success of our web-based Pant wearables store, The Stand. The Stand was the MVP and first showcase of an original framework where commerce meets entertainment and interactivity. This framework, with more rigorous development, can provide businesses / creators with the tools they need to easily integrate Cardano-based i-commerce functionalities into their web environments.
Framework Section
1. What the framework is:
The i-commerce framework is a comprehensive, customizable web-based platform designed to enhance i-commerce capabilities for businesses /creators. It is built using functionalities of the Cardano blockchain and provides a suite of tools for creating engaging, personalised digital shopping experiences - just like we did with The Stand.
2. What the framework does:
The framework enables businesses to integrate interactive features into their online stores. It provides functionalities for product management, order processing, user authentication, payment processing, and more, all while leveraging blockchain tech for enhanced security and transparency.
3. What’s included in the framework:
- Core Capabilities: Product management, order management, user authentication, payment gateway integration, shopping cart, and checkout.
- Enhanced Features: Store personalisation, interactive product visualisation, social commerce integration, analytics, and insights.
- Developer Tools: APIs, SDKs, customisation and theming options, and scalability and performance enhancements.
- Blockchain-Specific Features: ADA or CNT payment processing, tokenisation and loyalty programs, use of NFTs for immutable product ownership.
4. How users will use it:
- Businesses / creators will use the framework to build and customise their online stores.
- Developers can integrate and extend the platform using provided APIs and SDKs, customise the user interface, and build custom plugins and extensions.
- Consumers will experience enhanced shopping with interactive product views, and secure blockchain-based transactions.
6. Where does Cardano fit in?
- Supports ADA (and CNT) payments and integrates with Cardano wallets, allowing users to transact securely on the blockchain.
- Utilises Cardano’s capabilities to create custom tokens for loyalty programs and / or to represent product ownership through NFTs.