Plaza seeks to develop an AI-driven aggregator that will search the internet for the best options on products and services, including those offered by merchants marketing directly on their blockchain-based e-commerce platform, PlazaMarket™. In addition to a limited-supply PLAZA ERC20 tokens (transferable on the Ethereum blockchain), Plaza will be offering a fiat-backed transactions coin (PL$). This will allow the Plaza Ecosystem to be synchronized globally. PL$ can be used to purchase and sell products in the marketplace. The coins are priced, issued, and redeemed in USD.
Decentralized Plaza ecosystem will include the following participants: foundation, platform, sellers, consumers, arbitrators, miners and chatbots.
Plaza Systems address the challenges of blockchain and introduce a commerce-specific MerchantChain. Plaza claim to have developed a set of PlazaWallet - synchronized touchpoints that consumers can use to interact with the MerchantChain. They include PlazaDesktop, PlazaMobile, PlazaConcierge, PlazaCard, and Plaza Merchant. Each of them is designed to facilitate product search and enable convenient payment. Plaza’s main objective is to develop an e-commerce infrastructure that can be used for everyday purchases.