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Difference Between OLX and Alto Systems

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Questions and Answers

Explain the business model of Abbey Electronics based on the text.

Abbey Electronics is involved in selling electronic items online, such as mobiles and laptops. They have a website and a mobile app where users can search for and purchase products. When a user makes a purchase, they receive a copy of the transaction details, including financial records of total sales and profits or losses for the company.

What does the speaker discuss in the video regarding the company's card or the user's card?

The speaker discusses the card that appears on the screen, which could be the company's card or the user's card. They check the dashboard to see how many products were sold and the total profit or loss for the company.

What does the speaker check for regarding potential fraudulent activity in the user's account?

The speaker checks for any OTTP (One Time Password) issues, which could indicate potential fraudulent activity on the user's account.

What is the Defiance BitVoin and the Olivex system mentioned in the video?

<p>The video features a simple yet exciting exploration of Defiance BitVoin and the Olivex system, but the specific details are not provided in the text.</p> Signup and view all the answers

How would you describe the engagement level of the business model discussed in the video?

<p>The text mentions that the business model may seem simple but can be quite engaging for viewers.</p> Signup and view all the answers

Study Notes

The video features a simple yet exciting exploration of Defiance BitVoin and the Olivex system
Abbey Electronics is a company involved in selling electronic items online, such as mobiles and laptops
Their website also has a mobile app, and users can search for and purchase particular products either on the website or through the desktop application
When a user makes a purchase, they receive a copy of the data with the transaction details, including the financial air's last record of the total sales and profits or losses for the company
This business model may seem simple but can be quite engaging for viewers
In the video, the speaker discusses the card that appears on the screen, which could be the company's card or the user's card, as they check on their dashboard to see how many products were sold where and how many were sold in larger quantities or lesser quantities, and the total profit or loss for the company
The speaker also checks to see if there are any OTTP (One Time Password) issues, which could indicate potential fraudulent activity on the user's account.

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Description

Learn about the differences between OLX and Alto systems with real-life examples. This video explains the contrast using the example of an electronics company and its online selling operations.