Bezop: Decentralized E-commerce Order Management and Protection System

What is Bezop

Friends, imagine when we shop online, we usually have to go through platforms like Taobao or JD.com, right? These platforms are convenient, but they act like big stewards, holding all the information of both buyers and sellers, and they also charge considerable fees. If something goes wrong, it can be quite troublesome to resolve. Bezop, on the other hand, aims to build a decentralized “online mall” system in the blockchain world.

Simply put, Bezop is a decentralized peer-to-peer e-commerce order management and processing system. It does not rely on any centralized company, but instead allows buyers and sellers to transact directly using blockchain technology. It also provides a set of autonomous buyer and seller protection services and a simple value-added tax (VAT) collection system, all driven by smart contracts and running on a decentralized blockchain network.

The goal of Bezop is to provide a complete open-source solution that allows anyone to easily conduct e-commerce business online. Merchants can sell goods and services in their own e-commerce stores (called Bezop Decentralized Order Management, or Bezop DOM) and broadcast orders to the network. Whether you are a beginner or an experienced merchant, you can sell products and receive payments in Bezop tokens without any programming knowledge.

Typical usage process:
When you want to purchase goods or services, you can pay with Bezop tokens. Conversely, if you are a seller, you can earn Bezop tokens by selling goods or services, or simply by receiving transfers from others.

Project Vision and Value Proposition

The vision and mission of Bezop is to provide a viable and scalable e-commerce solution that encourages businesses and individual entrepreneurs to use blockchain technology to sell goods and services.

The core problems it aims to solve are the lack of trust, transparency, and high fees in traditional e-commerce. Imagine doing business with your friends without intermediaries, completing transactions directly, and having a set of smart rules to protect both parties’ rights—this is what Bezop wants to achieve.

The differences from similar projects are:

• Decentralized Order Management Portal (DOM): Merchants own their own stores, and orders are processed directly on the blockchain, reducing reliance on centralized platforms.


• Proof-of-Order mechanism: This is a unique technology designed to reduce fraud between buyers and sellers. It’s like stamping each order with an “anti-counterfeit seal,” making transactions safer.


• Smart contract-driven protection: Bezop’s smart contracts autonomously manage order status, and in case of disputes, can even appoint human agents to make final judgments—like having a fair “arbitrator” for your transactions.


• Lower transaction costs and faster speed: By leveraging the Ethereum blockchain, Bezop aims to achieve cheaper (up to 5 times) and faster transaction processing.


• Open source and strong buyer protection: It is an open-source project, and its smart contracts have strong buyer protection technology built in, ensuring network robustness.


• End-to-end encryption: Order information is end-to-end encrypted during transmission, protecting user privacy and transaction security.

Technical Features

The technical core of the Bezop project is to use blockchain and smart contracts to build a secure and transparent e-commerce environment.

• Blockchain network: Bezop is built on a decentralized blockchain network, specifically leveraging the Ethereum platform. Ethereum is a very mature blockchain with strong infrastructure and a broad developer community.


• Smart Contracts: You can think of smart contracts as a piece of automatically executed “digital protocol.” Once preset conditions are met, the contract executes automatically without third-party intervention. In Bezop, smart contracts drive the entire system, autonomously manage order status, and handle buyer and seller protection mechanisms.


• Consensus mechanism: Bezop tokens (BEZ) are earned by miners on the Ethereum blockchain through Proof of Work (PoW). Simply put, miners validate transactions and create new blocks by solving complex computational problems, thus earning token rewards. In the future, Bezop plans to establish its own network, where miners will compete to mine blocks, and mining power will be linked to the number of active orders on the network, incentivizing miners to complete as many orders as possible.


• Proof-of-Order (PoO): This is an innovative mechanism of Bezop, designed to effectively reduce fraud risk in transactions.


• Proof-of-Delivery (PoD): Also one of the key components of the project, used to confirm the successful delivery of goods or services.


• Proof of Tax Chain (PoTx): This is a unique feature for value-added tax (VAT) collection. It can automatically split funds into two addresses: a Main Address and a Tax Address, achieving transparent and accurate tax management.


• Encryption technology: Order information is end-to-end encrypted, ensuring transaction privacy. The project also mentions using a “Rainbow cipher” to encrypt wallets, private keys, and transaction information.


• Token standard: Bezop tokens are ERC-20 protocol tokens. This means they are compatible with the Ethereum ecosystem, can be easily used in various Ethereum wallets and exchanges, and benefit from Ethereum’s liquidity.

Tokenomics

Tokenomics, simply put, is the study of the economic operation model of a cryptocurrency token, including its issuance, distribution, use, and how to maintain its value. It is a combination of “Token” and “Economics.”

The token of the Bezop project is BEZ.

• Token symbol: BEZ


• Issuance chain: Ethereum, as an ERC-20 standard token.


• Total supply: 89,267,250 BEZ.


• Circulating supply: According to historical data, about 55,660,263.89767572 BEZ were in circulation. However, it should be noted that CoinMarketCap pointed out that this circulating supply was self-reported by the project and has not been verified by the CoinMarketCap team.


• Issuance mechanism: BEZ tokens are earned by miners on the Ethereum blockchain through Proof of Work (PoW).


• Token use cases:
  
  • Payment medium: On the Bezop Decentralized Order Management (DOM) platform and other websites integrated with Bezop payments, BEZ tokens can be used to purchase goods and services.
  
  
  • Earning method: By selling goods or services on the platform, or receiving transfers from other users, you can obtain BEZ tokens.
  
  
  • Miner incentives: Miners receive BEZ token rewards by completing orders, incentivizing them to actively participate in network maintenance and order processing.
  
  


• Fee mechanism: Bezop charges merchants a 1.4% transaction processing fee. Of this, 1% is used for service maintenance, marketing, and employee salaries.


• Historical ICO information: During the initial coin offering (ICO), 1 Ethereum (ETH) could be exchanged for 1929 BEZ tokens. The hard cap (maximum fundraising amount) was set at 21,423 ETH.

Team, Governance, and Funding

Team

Regarding the core team members of the Bezop project, currently available public information does not list specific individual names or backgrounds in detail. The white paper mentions that during the crowdsale, the token issuer was “Bezop Blockchain Ltd,” a limited liability company registered in the UK. The lack of publicly transparent core team information is something to be aware of in blockchain projects.

Governance

Bezop’s governance mechanism is mainly reflected in the design of its smart contracts. Smart contracts can autonomously manage order status, meaning the system runs according to preset rules, reducing the need for human intervention. In addition, in the event of a dispute, smart contracts can appoint human agents for final judgment, providing an extra layer of protection for transactions. There is currently no mention of broader community governance models, such as deciding project direction through token voting (DAO).

Funding

The project’s initial funding came from its ICO. In terms of operations, Bezop maintains operations by charging merchants a 1.4% transaction processing fee, of which 1% is used for service maintenance, marketing, and employee salaries. As for the specific size and use of the project treasury, there is no detailed explanation in public information.

Roadmap

Since most of the detailed information about the Bezop project was released in 2017-2018, its roadmap mainly reflects the planning and early progress of that time. No latest, detailed roadmap updates have been found in currently available information.

Key milestones and events in history (based on information around 2018):

• White paper release and ICO: The project released its white paper in September 2017 and conducted its ICO, with 1 ETH exchangeable for 1929 BEZ at the time.


• Bezop DOM (Decentralized Order Management) launch: This is one of the core features of the project, allowing merchants to set up their own decentralized e-commerce stores.


• Product launch: According to 2018 news, Bezop launched some products, such as “Bezop branded T-shirts” and “Crypto Chess” applications.


• Multi-wallet support: The project planned to support multi-wallet functionality.


• Rainbow cipher integration: Used for wallet, private key, and transaction encryption.

Future important plans and milestones:

In the early white paper, Bezop mentioned that it would establish a “Bezop Network” in the future, where miners would compete to mine blocks and receive substantial rewards. Moreover, Bezop’s mining power would be proportional to the number of active orders on the network, incentivizing miners to complete more orders. However, no latest progress or implementation of these future plans has been found.

It is worth noting that most detailed information about Bezop remains from several years ago. The latest market data (such as CoinMarketCap and Bitget) shows that the project’s trading volume and market cap are extremely low, even showing as “N/A” or “0.00,” which may indicate that the project is currently very inactive or may have ceased development or maintenance.

Common Risk Reminders

Friends, when learning about a project, besides looking at its advantages, it’s even more important to clearly recognize the risks it may have. For the Bezop project, based on currently available information, here are some risks that require special attention:

1. Project Activity and Sustainability Risk

• Outdated information: Most detailed information about Bezop, including the white paper and project introduction, was released between 2017 and 2018. This means the project may not have updated its core information for a long time.


• Poor market data: Recent queries for Bezop (BEZ) price and trading volume on crypto data platforms (such as CoinMarketCap, Bitget, Crypto.com) often show “N/A” or “0.00,” and the market cap is also extremely low. This strongly suggests that the project is currently very inactive, or may even be stagnant or abandoned.


• Lack of recent updates: No recent white paper updates, official announcements, active social media interactions, or GitHub repository updates have been found. This indicates the project may lack ongoing development and community support.

2. Technical and Security Risks

• Smart contract risk: Although the project emphasizes using smart contracts to secure transactions, smart contracts themselves may have vulnerabilities. If the contract code is not rigorously audited and tested, any vulnerabilities deployed on the blockchain could lead to loss of funds. No independent audit report for Bezop smart contracts has been found.


• Outdated technology risk: Blockchain technology evolves rapidly, and the technical architecture and solutions from 2017-2018 may no longer meet current market demands and security standards.


• Lack of open-source activity: No active GitHub repository for the project has been found, making it difficult for outsiders to review code quality and development progress, increasing opacity.

3. Economic Risks

• Liquidity risk: Extremely low trading volume means BEZ tokens have very poor liquidity. If you hold BEZ tokens, it may be difficult to buy or sell them quickly at a reasonable price.


• Risk of value going to zero: If the project stops development or the community loses interest completely, the token’s value is likely to approach zero.


• Intense competition: The e-commerce and blockchain fields are increasingly competitive, with many new and more advanced decentralized e-commerce solutions emerging. Bezop may find it difficult to gain a foothold in the current market.

4. Compliance and Operational Risks

• Regulatory uncertainty: The regulatory environment for cryptocurrencies and blockchain projects is still evolving globally. As a blockchain-based e-commerce and payment system, Bezop may face new compliance challenges in the future.


• Lack of team transparency: The core team member information is not transparent, increasing operational risk and making it difficult for investors to assess the team’s execution ability and reliability.

Important Note: Given the above risks, especially the low project activity and outdated information, any involvement with Bezop should be approached with extreme caution. This is absolutely not investment advice.

Verification Checklist

When evaluating any blockchain project, it’s important to look at some key on-chain and development activity indicators. It’s like checking a car’s maintenance records and engine condition.

• Block explorer contract address:
  
  • According to Bitget, the Ethereum contract address for Bezop (BEZ) is:
    0x8a1e...3a65b55
    .
  
  
  • A 2018 Medium article also mentioned an Ethereum address:
    0xB376244985ACCC7971Cb78497f6909417d1De91
    .
  
  
  • It is recommended to check these addresses on Etherscan or other block explorers to verify the actual token circulation, transaction history, and holder distribution. CoinMarketCap also provides links to Etherscan and Ethplorer for further verification.
  
  


• GitHub activity:
  
  • No official GitHub repository directly related to the Bezop project was found in this search. Although a project named “smartknob” appeared in the search results, it is unrelated to Bezop.
  
  
  • The lack of a public and active codebase means the project’s development progress is opaque, and its code quality and community contributions cannot be verified. For a project claiming to be an “open-source solution,” this is a significant omission.
  
  


• Official website:
  
  • The project’s previously used official websites include
    bezop.com
    and
    ecom.bezop.io
    .
  
  
  • Currently, the
    bezop.io
    website shows copyright information for 2025, but the content is very brief and lacks detailed project updates and active information. It is recommended to visit these websites to check their latest status and content.
  
  


• Social media activity:
  
  • The project was active on Twitter (@BezopNetwork) and Facebook around 2018.
  
  
  • It is recommended to check these social media accounts to see if there are any recent updates or community interactions.
  
  

Project Summary

Friends, from what we’ve just learned, the Bezop project proposed a very forward-looking vision several years ago (around 2017-2018): to use blockchain technology to create a decentralized e-commerce platform. It aimed to solve the problems of trust, fees, and transparency in traditional e-commerce, implement order management, buyer and seller protection, and tax collection through smart contracts, and even introduced innovative mechanisms like “Proof-of-Order” to reduce fraud. Its token BEZ, as an ERC-20 token, was intended to serve as a payment and incentive tool within the platform.

However, based on currently available information, the Bezop project appears to have lacked active development and updates for a long time. Most detailed information remains from several years ago, and recent market data shows its token trading volume is extremely low and its market cap is almost negligible. In addition, the core team information is not transparent, and no active open-source codebase has been found, all of which cast doubt on the project’s sustainability and reliability.

In summary, Bezop was an early attempt to explore decentralized e-commerce on the blockchain, and its concept was quite ahead of its time. But as of now, it faces low project activity, outdated information, and poor liquidity as significant risks. If you are interested in such projects, be sure to conduct more in-depth independent research and fully recognize the significant risks that may exist.

Please remember, all the above information is for reference only and does not constitute any investment advice. In the cryptocurrency field, risks and opportunities coexist, so please make decisions with caution.