Centralized vs Decentralized

The impact blockchain has on global markets

There is a serious dilemma with the structure and integrity of current systems and market sectors. HyperionX is looking to disrupt the following markets: E-commerce, Nonprofit and Social Media by transforming them into decentralized, transparent and honest entities. In order to make this possible, we must give control back to the individual. Hyperion plans to achieve this through their Peerion peer-to-peer platform, supported by blockchain technology. Peerion is a unique mashup of e-commerce, social media and nonprofit, with a gaming interface, allowing people to be in full control of their livelihoods, as well as being part of a revitalized global equilibrium. By decentralizing the markets stated below, a person’s assets and data are secured, their voices and opinions hold weight and their experience will not be dictated by one centralized source.


Nonprofit:

Nonprofit — Donation Statistics in the United States

Total giving to charitable organizations was $410.02 billion in 2017 (2.1% of GDP). This is an increase of 5.2% current dollars and 3.0% inflation-adjusted dollars from 2016. SourceTotal of 2016 donations in U.S. American individuals, estates, foundations and corporations contributed an estimated $390.05 billion to U.S. charities in 2016. Source

Chart: Percentage of Contribution by Source

2011–2015 Annual Rate of Growth

According to the study, U.S. philanthropy grew some 18.7% between 2011 and 2015, an annual rate of 4.7 percent and is likely to continue to outpace GDP growth in 2017 and 2018.

Nonprofits have grown faster than government and faster than the business sector over the last generation, even during boom periods.


Nonprofit Sector’s Increase Over Last Decade

The nonprofit sector has grown by 20% over the last 10 years, in contrast to the for-profit sector that has grown by about 2–3%.


Wealth Transfer Will Reach $9 Trillion by 2027

An estimated $8.8 trillion will be passed down to the Gen X and Millennial Americans by 2027, creating a potential windfall for charities. Assuming an average economic growth rate of 3 percent, CRE projects that the total amount of wealth transferred in America will reach $97.2 trillion by 2067, and if 5 percent of that — some $4.9 trillion — were set aside for philanthropy, it would generate $243 billion a year in grant making or nearly six times the total given by private foundations in 2014.


Nonprofit Organizational Summary

Market Statistics

$410.02 billion dollars were donated to nonprofits in 2017. This is an increase of 5.2% from 2016: Individuals gave $286.65 billion, accounting for 70% of all giving. The nonprofit sector has grown by 20% over the last 10 years. The for-profit sector has only grown by 2–3%Wealth transfer will reach $9-trillion by 2027$8.8 trillion will be passed down to the Gen X and Millennial Americans by 2027


Cons of Centralized Nonprofits

Top 10 highest paid nonprofit executives each makes over $1 million dollars. The “worst charity” in the U.S. spends less than 3 cents of every dollar donated to the actual cause and has received $110,000,000 in donations over the span of 10 years. The “#2 worst charity” in the U.S. spent 90% of donations on for-profit telemarketers and received $187 million in 4 years. Funding platforms receive donations from millions of people and totaling contributions are in the billions of dollars, collecting 5% — 8% of the donations on average from the person raising the money. 9% of embezzlement are in the smaller nonprofit organizations and the average loss from these frauds is approximately $500,000


Pros of Decentralized Nonprofits

No overpaid fraudulent nonprofit executives siphoning funds from the donors. Donations will be completed with smart contracts for trust and transparency. All nonprofits will be required to provide a “blueprint” before receiving any funds. Peerion will never take a percentage of donations. All funds are secure and accounted for on the Distributed Ledger Technologies


E-commerce:


Number of Total Global Retail Sales from 2015 to 2021

This statistic shows retail e-commerce sales as a percent of global retail sales from 2015 to 2021. In 2017, e-retail sales accounted for 10.2 percent of all retail sales worldwide. This figure is expected to reach 17.5 percent in 2021. Source

In 2021, over 2.14 billion people worldwide are expected to buy goods and services online, up from 1.66 billion global digital buyers in 2016.


Market Summary

2.8 trillion dollars — value of retail in e-commerce. 24% increase from 2017. In 2017, 10.2% of all retail sales were through e-commerce. 1.75% projected increase every year by 20211.79 billion global digital buyers in 2016. Projected to reach 2.14 billion by 2021. United States consumers spent $453.46 billion on the web for retail purchases in 2017, a 16.0% increase compared with $390.99 billion in 2016. That’s the highest growth rate since 2011, when online sales grew 17.5% over 2010.Total United States retail sales (online and offline) reached $5.076 trillion. for 2017, a 4.4% jump from $4.863 trillion in 2016. Online shopping is one of the most popular online activities worldwide with global online retail sales reaching 2.3 trillion U.S. dollars in 2017. With recent digital development exploding in the Asia Pacific region, it is no surprise that the fastest growing online retail markets are Indonesia and India, followed by Mexico and China.


Cons of Central E-commerce Platforms

Complete with hidden charges and traps. $40-$300 Monthly fees for Pros. Fees on top of fees, 7%-15% Commission fees for Sellers…and more fees, 3% — 4.5% Payment fees for Buyers. If you want your money, you have to wait. Sellers are paid every 7–14 days. You are being profiled, allowing giants to pigeonhole your options. Using your data to gain dominance and force things upon you


Pros of a Decentralized E-commerce Platform

No hidden charges. All open source$0 Monthly fees. No added commissions. 0% Commission fees for Sellers. 1 steady fee for all transactions. Transaction fee from 1%-3%Your funds go directly into your wallet. Instant transactions and deposits. Decide how you shop. Powerful introspection and ad tools. You have complete authority over your data. Local storage / secured by PKI cryptography.


Social Media:

Market Statistics

Number of social network/media users worldwide for 2017 is 2.46 billion. By 2021 it is projected to increase to 3.02 billion users (2.1% increase) Social media advertising revenue per internet user in the U.S. alone is $68.34 U.S. dollars in 2017. Expected growth is $213.37 U.S. dollars by 2022. Daily social media usage of global internet users amounted to 135 minutes per day. Increased from 126 daily minutes in the previous year


Cons of a Centralized Social Media Market

The market leader’s ARPU (Average Rate Per User) of each user for U.S. & Canada was $26.76 and worldwide was $6.18 in 2017. The market leader has 2.23 billion monthly active users and made $39.9 billion in global ad revenue in 2017. 98 personal data points collected from social media platforms to target ads to you. Social Media accounted for 56% of records breached, totaling 2.5 billion records in the first half of 2018 compared to other industries. Billions of fake accounts: across all major social networking/media platforms, around 10% are fake users.


Pros of a Decentralized Social Media Platform

You collect profits off of your own usage, not the central platform. Make money watching ads or taking surveys based on your interests. No user data is collected, unless stated by the user. All information is secured with encryption. User identity will only be created once.


Data Mining — Example Data Points that Can be Farmed or Stolen

Any information entered on a website or given to a company in any way: Name, Address, Phone numbers, Credit card information. To whom purchases have been shipped, including addresses and phone numbers. E-mail addresses of your friends and others. Content of reviews and e-mails. Personal description and photographs in Your Profile. Financial information, including Social Security and driver’s license numbers. Internet protocol (IP) address used to connect your computer to the Internet. Login information, Email addresses, Passwords. Computer and connection information such as browser type, version, and time zone setting, browser plug-in types and versions, operating system, and platform purchase history, which is sometimes aggregated with similar information from other customers to create features like “Top Sellers”. Full Uniform Resource Locator (URL) click stream to, through, and from the web site, including date and time stamps. Products viewed or searched. Phone number used to call an 800 number. Session information including: page response times, download errors, length of visits to certain pages, page interaction information (such as scrolling, clicks, and mouse-overs), and methods used to browse away from the page. Information about your location and your mobile device, including a unique identifier for your device.

Additional collected data on you from other sources which include:

Credit history, search terms and search result information from some searches conducted through the web, and search features offered by partners. Search results and links, including paid listings (such as sponsored links)

The Blockchain Solution:

No high fees. No hidden charges. No data mining. No greed factor. No corruption. No central data breaches. No central dictators. No middleman. Yes low fixed fees. Yes transparency. Yes full control of your own data. Yes shared profits. Yes immutable data. Yes high distributed security. Yes consensus rules. Yes direct peer-to-peer interactions.

Conclusion

The problems with the current markets are clear. HyperionX’s Peerion platform starts a long journey of helping to connect people on a global scale. Contributing to the growth of a network of direct peer-to-peer trading, sharing and support. It is the core team’s mission to open people up to the benefits of decentralization and blockchain technology. Showing them a safer, more secure world that is incorruptible and is not dictated by the few, but is instead operated by the true consensus of the people. Guiding individuals to become self-sufficient and flourish, while helping support a network of growth.

Links

Learn more at Peerion.io Read the Whitepaper Join the discussion Telegram Discord


#blockchain #distributed #network #decentralized #smart #market #ecosystem #Peerion #HyperionX #ecommerce #socialmedia #nonprofit #disrupt

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