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ELYSIAN INTRODUCED AND CHALLENGES INDENTIFIED
Cyber security has been a major challenge that affects the interest of E-commerce industry. A breach for instance in online security to some great extent is harmful or damaging to the autenticity of businesses. Companies that are susceptible to attack are usually and mostly targeted by hackers,with a client base that is improbable to fight cyber attacks. The resultant effect or consequences of these attack unfold in short-term reduced website traffic and revenue,up to the time situation is resolved. Consequently the degree of cyber security has a mutual complementary relation with the degree of clients trust.
Thus,the growth of e-commerce is impeded as a result of this hindrances,inspite of the fact that the industry is experiencing expansion.
On a second note,a client that visits several websites frequently across the internet will stumble on diverse instances or illustrations of user experience. And despite the fact that user experience has made advancement in recent times,there are however defects in revolution game-changing plot for client intended for the department. With this process clients begin to get involve,consequentially fulfilment is achieved and revenue also will be raised. Usually a client would choose not to leave a comfort zone.
User experience will make possible that clients are pleased,fulfilled and are self-assured during the process of reaching a decision. And for this very reasons,user experience is very important and necessary for the success of a business in the e-commerce industry. This is however to advance on User experience particularly in the aspect of integration of different kind of technology expected to improve internet website navigation experience and raise improve effectiveness.
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PROFFERED SOLUTIONS
The birth of blockchain technology is able to significantly effect changes in the internet. A significant great change in the recent degree of security,as a result,the possibility to register clients data on blockchain which wasnt in existent in times part.
The invention of blockchain make unchageable ledger which function as a basis for transactions and strorage of information and can not be altered by unauthorised changes. It is decentralised,which makes it possible to keep the data from being on a single server,thereby making it difficult to be apparent for hackers. This has a manifesting true outcome on the entire data security.
The utilisation of smart contract also makes possible another essential reason to boost clients trust. The developer usually encodes the contract, this registers each specific transaction and guarantee a procedure without difficulty and ensure adequate coding ,the smart contract will undergo an examination. The primary and most important aim is to make attainable a contract that is highly secured and make certain transaction is processed in an appropriate way and make possible a contract that is firm and certain to avoid influence.
Proof-of-Authority is a recent concept on blockchain environment. It holds a series amount of pre-approved authority node known as "sealer" which can be conceived as minning node. Before a recently created node can be included,it is required to be voted for by the presently ratified series of authority node confering Elysian maximum influence over the node that can seal blocks on network. Most importantly proof-of-Authority consensus will make possible Elysian ecosystem private blockchain to register coded credit card data and other user data safely across a divided or apportioned network.
All user informations is concealed by means of code to the publised key of each client, soon afterwards dispensed over private network,making it difficult to gain admittance from any position,preventing malevolent act. On the Elysian platform this degree of security is obtainable and effective on all memory put in operation.
AI (Artificial Intelligence ) is necessary to aid a market development. AI(Artificial Intelligence ) will assist client to navigate and manage purposefully through diverse Internet,making human effort out of date.
Elysian aim to put into practice AI to make possibleor attainable user experience, making for easier life, uncomplicated website navigation,recall of past viewed items, restore desired,if situation or occurence happening between people to produce new effect,product customization.
AI will assist user navigate website effectively by guiding users to intended website requested to be visited. The resultant effect of this will boost e-commerce business that will perform its functions on Elysian platform and will make more turnover and therefore enhace trade.
A goal that is striven for integrating virtual reality into e-commerce to make the possibility to obtain an in-store experience and a degree of connection from the comfort of the home. This will ease the stress of travelling to brick and mortar stores to carry out task. Elysian platform seek to offer a platform that will permit Elysian business to unite or join both element into one experience,to the extent it becomes hard to perceive the distinction between virtual reality and reality. And user can be able to design their own virtual reality on the Elysian platform. The outcome will be a degree of user engagement and experience that have never been seen or done,on the account that the environment will be invented by the user exclusively,subsequently each virtual reality environment will be particular to each corresponding user. And likewise this enable user to exercise full influence over their experience and can alter to suit their requirements or specifications based on preferences.
This however distinguihes Elysian platform from other platform which functions both on and off blockchain.
ELYSIAN OPERATING SYSTEM/ENVIRONMENT
Elysian platform vastly changes the complete e-commerce industry by enhancing security and cause an additional and recently discovered unusual user experience,which is the fundamental function of the Elysian platform.
Elysian is the first e-commerce platform that is able to unite the integration of blockchain to register user information safely and the utilisation of technological advancement which include Artificial Intelligence and Virtual reality which contribute to modify Elysian in a way of improved user experience.
Any organisation have the capability to utilise Elysian platform for their commercial occupation,work dealings or trade,provided with an improved ability to perform a task or function. Elysian platform will serve as a basis for social bodies or intellectual discipline for other future e-commerce business that aim to effect such opportunity. Elysian plays the role of intemediation between clients and aimed audience or demographic.
It functions as an entrance for a greater efficient times ahead,influenced and effected by blockchain. The present accepted range of user experience and quality security will soon be no longer in use and become out of date and eventually disused or neglected.
CONCLUSION
Elysian ecosystem is able to surpass beyond the limits of human reasoning by bringing about and putting into practice these innovatory. The capability and competence to provide plain,uncomplicated and amply sufficient user satisfaction,resulting from the inclusion of a rapid improvement of efficiency and enhanced graphics. A revolutionary user experience which is necessary for the advancement of the E-commerce industry.
TOKENIZATION
ELYCOIN (ELY) is an ERC20 standard token based on Ethereum and will be utilise on the Elysian platform.
ELY coin constitute an inherent component on the Elysian platform and will serve as a medium of exchane for any transaction. It allow for integration and the encryption will be accessible to people in general for the purpose of transperency.
Based on Ethereum blockchain,all transactions and transfer carried out will be done independently and absolutely decentralised and aimed highest transparency.
ROAD MAP
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Elysian has a dedicated team that is committed and vast in knowledge.
For more details,please visit the links below
Website: https://elycoin.io
Bitcointalk ANN Thread: https://bitcointalk.org/index.php?topic=3333050.msg34852238#msg34852238
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