E-commerce tools are rapidly replacing the familiar offline trading tools. Over the past decade, there have been many e-commerce sites, and all of them are united by problems that are characteristic of the Fiat world. Despite the existing problems, this market is booming. According to estimates by experts, this growth is 30% per year. The Elysian team states that such a figure is by no means the limit that with e-commerce technologies the e-commerce market can grow multiples and that they know how to do it.
Elysian is an innovative new decentralized platform use power of blockchain technology and a smart contract to create a retail network for consumers. Consumer data can also be transmitted through this network with a guarantee of complete safety. Unlike the commercial online market, the platform will provide a system of security and trust. With the help of blocking technologies, new perspectives are opening up, which will become available to users, increasing profitability and quality, and also increasing the growth predicted by specialists.
To make online shopping more diverse and more attractive, ELYSIAN combined the forces of artificial intelligence and virtual reality to create a unique platform. What will motivate users to use the services offered by e-commerce. The project promises to take a new level in the development of online stores. We are on a new level, which up to this point we could not have imagined. Technology, at last, should play its role in the online trade sector.A virtual assistant based on AI, known as "Elyn", is released by Elysian for administrators and customers.
project aspects
The Proof-of-Authority algorithm
Proof-of-Authority is based on the concept of approved network nodes, where each node is equal. To carry out the transaction in this case, the credibility of the two nodes should be 50%. This algorithm should allow Elysian to build and create an ideal block chain.
Proof-of-Authority will enable the Elysian ecosystem to solve one of the main problems - it is the encrypted storage of the user's personal data. The platform will generate for each user an ideal private key, access to which will only be with him (the user), which will store the data in an encrypted and secure form.
Artificial Intelligence Technology
The human factor cannot be eradicated or simply deleted by the cotton of the palms, for a person is arranged in such a way that he is subject to an external factor that affects him. To replace a person come technology.
Elysian in his project will use Artificial Intelligence (AI). This technology will help the participant to better interact with the platform, with its functions, the products provided and its interface in general. AI will act as an assistant, guide and leader.
Virtual Reality (VR)
Another great "chip project" Elysian - is the use of technology VR. This function intends to ensure the creation of material sensations, similar to what a person feels in real life.
The development team believes that this will help to better interact with the user and manufacturer within the platform and will give the newest opportunity to take into account the approach and preferences of each participant.
Scalability
In order to develop rapidly, Elysian intends to cooperate with companies in the field of e-Commerce. The project has the opportunity to provide its customers with the latest technological solutions, which certainly adds to the authority of Elysian. Simple adaptation of the developed concepts, over which the work is carried out, and their implementation is one of the proofs of how serious the developers are trying to surprise this sphere in the very near future.
About Elysian team
The Elysian team includes experts in e-commerce and crypto-currencies; the goal is to create an epicenter in a new e-commerce model on the blockchain. Also Elysian team is represented by experienced participants of other successful projects, in particular in the field of e-commerce. As, for example, the founder of Leo Ameri, who created not one successful electronic store or his friend, co-founder Ioan Hategan, who has a rich practice in e-commerce marketing. The technical part of the team is as strong and rich as first-rate developers.
Conclusion
The project has a good perspective, as it offers useful innovations that will increase the level of interaction in e-Commerce and make it more secure and secure. In addition, Elysian is an excellent team of developers and advisors, which gives us confidence in the timing and quality of the product. Obvious advantages of this platform is - fast delivery, secure storage of client data and protection from identity theft, data storage through the use of the Proof-ofAuthority algorithm, the possibility of virtual reality, you make purchases at home and, most interestingly, get a level of interaction comparable to purchases in ordinary stores. In other words, the commercial success of this startup is hardly worth doubting.
Project Contacts:
Website: https://elycoin.io
White paper: https://elycoin.io/whitepaper/english
Facebook: https://www.facebook.com/ElysianxELY
Youtube: https://www.youtube.com/channel/UCm0BGtPu1nB-7HbeJsHKJTw
Telegram: https://t.me/elysian_ely
Medium: https://medium.com/@Elysian_Ely
Github: https://github.com/Elysian-ELY/Smart-Contract
ANN: https://bitcointalk.org/index.php?topic=3333050.msg34852238#msg34852238
Author
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