Know Your Customer (KYC):
SPECTRUM (SPT) is a decentralized online shopping aims to improve the e-commerce system for buyers and sellers. As a rapidly growing business sector, e-commerce continues to open up new avenues for exploring, comparing and purchasing products worldwide. Such popular online platforms have no doubt transformed the way in which we shop and live. Access, convenience, low prices and the availability of a large selection of products are among the many benefits these platforms deliver to consumers. But such benefits provided by centralized corporations come at a cost — increased prices, process inefficiencies and aggressive marketing using huge amounts of personal data.