SHOP (SHOP)

The SHOP Protocol is a distributed decentralized commerce platform and data exchange.

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What is SHOP

The SHOP Protocol comprises four laers:

• The Smart Contracts Layer refers to the logic and storage built into Ethereum. All of the components of the Smart Contracts Tier is built to run on the Ethereum Virtual Machine (EVM) and are written in Solidity.
• The Logic Layer powers the set of business logic and convenience services that enable realtime usage of the SHOP Protocol’s blockchain features. The layer is comprised of four basic commerce services: Products, Inventory, Cart, and Shoppers that perform actions that are too costly or performance intensive to run directly on the blockchain.
• The Data Layer is responsible for providing a scalable off-chain data storage solution.
  • All raw commerce data, such as product information, orders, and inventory details, will initially be stored in MongoDB databases whose contents will be replicated across a quorum of SHOP Data Nodes. The data format will use the IPFS filing system for distributed storage and provide matching, identifiable namespaces (attribute keys) for each data file, while its content will be encrypted as a SHA-1 hash with a checksum on the blockchain for security.
  • Shoppers and brands have access to the SHOP decentralized data marketplace experience primarily via calls they make to their Core APIs. Architecturally, the Core can be viewed as an open source ecommerce platform that derives all of its rules and permissions from the blockchain, while every action inside of platform generates transactions that are pushed back to the blockchain.
• The developer layer contrain the SHOP SDK, which allows developers to integrate the SHOP Protocol on their own systems, as well as to build apps that can be included to promote growth of the Protocol. The app infrastructure can be a part of the initial architecture of the SDK and dashboard that SHOP provides. The SDK is responsible for wrapping the API, querying the blockchain, and managing encrypted data from IPFS.