ARTIFICIAL INTELLIGENCE AND VIRTUAL REALITY IN E-COMMERCE-ELYSIAN

in #ico6 years ago

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It is projected that by year 2021, the number of online shoppers would have surpassed the 2billion mark signifying a huge growth from the 1.4 billion users according to statistical.com. Furthermore, e-commerce platforms such as Shopify and WooCommerce which are relatively new to the sector are thriving all which emphasizes the fact that opportunities still abound in the sector waiting to be tapped.

Traditional e-commerce platform have succeeded in the market all thanks to their scalability, reputation building and ease of use.
However, some underlying issues remain unaddressed. For instance, there have been reported cases of data compromisation as a result of breach by third party. In 2017, a successful hacking attempts at Equifax, an American e-commerce firm left information of about 143 million users personal information at the mercy of hackers. Subsequently, onlookers are very much concerned about security and privacy and would not subscribed to any e-commerce platform until when they have assurance that their information is protected.

Additionally, users get bored surfing through myriads of products especially when it doesn't correlate with their interest. Research shows that 80% of consumers exhibit repeated buying behaviour therefore huge amount of time and effort would be saved by showcasing products which appeal to them. For instance, a game enthusiasts will most likely be shopping for a game gadgets as to farming tools or medical syringe.

Moreover, an excellent user interface is necessary to aid better website navigation, customers confidence in their purchasing decision is dependent on how well they rate their experience on an e-commerce platform. Although, e-commerce firms are meeting sales target presently, most of their user interface still remain complex for consumers to navigate. One can only ask for our long till customers patience grow weary and they start looking for alternatives. In order to solve this challenges and position e-commerce for economic boom ahead, a team of professionals with track record of success have developed a blockchain project which provide optimum security, excellent user interface and easier website navigation. This project is tagged ELYSIAN

ELYSIAN BLOCKCHAIN PROJECT

Blockchain technology has been disrupting several sectors globally and is high time its application spreads to e-commerce. Elysian is a blockchain project on the Ethereum blockchain which will ensure optimum customer data protection , provide seamless e-commerce transaction and offers excellent user interface. Users should start envisioning an unforgettable shopping experience as Elysian will provide easier website navigation, revolutionary product visualization by using artificial intelligence and visual reality. Elysian strives to incorporate two emerging technologies (blockchain and artificial intelligence) in e-commerce business.

WHY I AM ENDORSING ELYSIAN PLATFORM

OPTIMUM SECURITY

Unlike other e-commerce platform, being a blockchain based provides optimum data security. Single information aren't stored in a centralised location, it is relatively difficult for the data to be tampered with or stolen.

TRANSPARENCY AND TRUST

Smart contracts capabilities of blockchain means users can go into agreement without the need for any third party interference as all aspects of the transaction are coded are stored and validated on the blockchain.

REAL USE FOR CRYPTO ASSETS

Most cryptocurrency assets are often use as object of speculation. This has reduced mainstream adoption by the people as the process of converting cryptocurrencies to fiat is tiresome. Elysian platform involves not just trading of its cryptocurrency (ELYCOIN) but also for transaction payment on the platform.

PRIVATE BLOCKCHAIN

After the token generation event of Elysian will migrate to a private blockchain with the Proof of Authority consensus. This would provide better stability and cheaper transaction charges on the platform.

EXCELLENT USER INTERFACE

Elysian topnotch user interface would no doubt attract more users to the platform. Using Artificial intelligence, Elysian would take into consideration users interest and purchasing history to suggest new products for users.

VIRTUAL REALITY

Customers have reported cases whereby goods delivered to them vary greatly from the one ordered online. With Elysian upgraded visual graphics, shoppers would have in-store experience from the comfort of their room.

SCALABILITY

The Elysian platform is developed with room for future improvement. Technological advancements is the high side and firms which refuse to key in will be rendered obsolete if care is not taken, therefore Elysian would constantly seek to improve the platform for better user experience.

INCLUSIVE PARTICIPATION

Elysian platform encourages participation in decision making and community growth by her innovative growth pool feature. Platform users can suggest projects which should be executed, the general community then votes on it, if a project pass the 51% threshold, it would be funded from the by Elysian or the community or both. This gives members a sense of responsibility and belongingness in the community.

THE TOKEN GENERATION EVENT IS SHOWN IN THE TABLE BELOW

Screenshot_2018-07-06-09-36-56-700_com.google.android.apps.docs.png

For more information about this project and to participate in token sale, kindly get in touch via any of these links

Website
Whitepaper
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Twitter

Written by: NextRated CryptoICOs

Bitcointalk username: daseento

Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1544370

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