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kld_hp posted a topic in TokensREALITY OVERVIEW In the busy life, it seems that people have less time to go shopping, so the form of online shopping is very popular. With just one device connected to the internet, wherever and whenever they do, they can buy a product. The trend of people shopping is gradually turning to ecommerce forms. And yes, the e-commerce market is growing and growing at an annual rate of about 10%. It is estimated that global e-commerce sales will exceed $ 4 trillion by 2021. However, the current e-commerce system still has some problems. One of the major concerns is the lack of network security resulting in stolen user information for performing phishing behaviors through the network. This significantly reduces customer trust in the business. The other thing that affects consumer confidence is the ambiguity about the origin and quality of goods. In fact, many consumers claim to never dare to buy online because too many times encountered counterfeit goods, imitation goods, poor quality. The last thing is to put the goods on the website, businesses still have to pay fees for e-commerce sites are very high but still not fully guaranteed the risks in the transaction. Therefore, it is necessary to have an e-commerce system that not only meets the security requirements but also provides an excellent shopping experience for consumers. And Elysian is something like that. WHAT IS ELYSIAN? Elysian is a decentralized platform that builds ecommerce sites on blockchain and utilizes innovative features such as security upgrades and provide an unprecedented user experience to address current faults in electronic commerce. This platform integrates blockchain technology to provide improved services compared to other competitors not work on blockchain. Elysian will use the Proof-of-Authority algorithm on its platform. Consensus of Proof-of-Authority will provide the Elysian ecosystem with a separate blockchain for storing credit card information and secure user data over the distribution network, this will build trust between e-commerce businesses and consumers. In addition, the user experience faces a drastic transformation by deploying artificial intelligence and virtual reality to create a simple website, effective and aesthetically for users to bring great experience. CHARACTERISTICS OF TECHNOLOGY Elysian will be a combination of 3 advanced technologies today are blockchain, virtual reality and artificial intelligence. All aim to build trust and enhance the shopping experience of users. Blockchain technology with Proof-of-Authority algorithm Elysian will apply blockchain technology to e-commerce. This is a method to solve security problems. Public ledger technology of the blockchian can provide a fully publicized, transparent but secure database. All data of the user will be securely stored on the Elysian platform. In addition, Elysian applies a new algorithm called Proof-of-Authority. Basically, it is a new concept in blockchain space. With Proof-of-Stake, anyone on the chain can become a validator by staking enough ether in the validator contract. Proof-of-Authority is different, it has a number of pre-approved authority nodes called ‘sealers’, which you can think of as mining nodes. Any new node that wishes to be added must be voted on by the currently approved set of authority nodes, giving Elysian full control over which nodes can seal blocks on the network. This level of security will be available for all stores launched on the Elysian platform. Virtual reality Fundamentally, virtual reality shopping is an advanced step in online shopping with the help of VR technology. Buyers not only can view video, product videos but also experience the virtual environment of the products they are interested in: look, watch, trial from different angles. Another advantage of using VR in online shopping is that users can simulate the use of the product according to their preferences. With these utilities, virtual reality technology VR is expected to bring a new shopping trend, convenient, attractive buyers. In the world, many vendors have started deploying this technology to serve customers. Artificial intelligence One of the most powerful changes brought about by AI in e-commerce is tools that use natural language processing (NLP) software, an important aspect of this technology. NLP-based tools will understand and automatically respond to customers. Chatbots base on NLP can be integrated into web pages or instant messaging applications such as Facebook Messenger, WeChat, Telegram ... to act as virtual assistants to take care of customer. These chatbots are available 24/7, ready to answer your questions at any time of the day. Amazon, Alibaba, Walmart and Flipkart retailers are leveraging the power of chatbot to boost revenue. In addition, artificial intelligence can enhance the shopping experience by offering personalized suggestions. AI will remember and analyze the websites where customers have browsed through their purchases as well as their likes and clicks to help retailers make shopping recommendations that are tailored to customer interests. More and more e-commerce websites use product suggestion tools, thanks to smart technology, to target customers as well as to personalize the products is introduced to customers. TEAM The team behind this platform consists of a highly-trained cryptocurrency expert group, regarded as visionary experts, who transforms Elysian into a global market and the cryptocurrency market. Backed by blockchain technology, Elysian is at the center of an ecosystem presented to a sustainable development community fully integrated with other businesses in the field of e-commerce. The following are some member: Core team Advisors CONCLUSION This platform is extremely innovative and is intended to radically change the world of e-commerce with blockchain technology built on a new business model. Many of the improvements that the company claims on the platform, combined with secure customer data storage, is the only way to operate a business when mixed with blockchain technology. At the same time provide the user with a level of trust that is considered important in the natural development of the e-commerce industry. However, these are only immediate plans and they are still in the process of calling for community support. I still appreciate the idea and potential development of the project. Hopefully with a team of experienced in the field of cryptocurrency, blockchain technology,... I believe they will accomplish the goals they set out to realize the idea in the project. In my opinion, I will evaluate this project 9 points on a 10 scale. If you have opinion, leave below the comment section. USEFULL LINKS Website: https://elycoin.io Whitepaper: https://elycoin.io/whitepaper/english Bitcointalk ANN: https://bitcointalk.org/index.php?topic=3332920 Facebook: https://www.facebook.com/ElysianxELY Telegram: https://t.me/elysian_ely Twitter: https://twitter.com/Elysian_ELY LinkedIn: https://www.linkedin.com/company/elysian-ely Github: https://github.com/Elysian-ELY Reddit: https://www.reddit.com/r/elysian_ely Medium: https://medium.com/@Elysian_Ely Steemit: https://steemit.com/@elysian-ely Author: Bitcointalk username: kld_hp Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1014734
Elysian is an innovative new decentralized platform that will use the Ethereum blockchain to secure customer data, facilitate Ecommerce transactions, and drastically change user experience. The integration of smart contracts and blockchain technology will ultimately provide a higher level of security in the realm of Ecommerce. The platform is where ecommerce and cryptocurrency come together as one. Elysianconsists of a massive team of Ecommerce Specialists who are also cryptocurrency experts, ready to create an ultra-successful, multi-million-dollar platform. Ecommerce will of course be the main focus of the system, with the billions upon billions of dollars generated by the industry each year being used to support the financial revolution. The innovative concept of Elysian will drastically improve current flaws in the Ecommerce industry by integrating blockchain technology to create a revolutionary Ecommerce platform. SECURITY This is a legitimate concern in the realm of Ecommerce, exemplified most notably by the data breaches of Target and Equifax. Elysian will improve this aspect using smart contracts and storing customer data on the blockchain to upgrade security. This will generate a level of trust in the businessto-consumer (B2C) business model that is currently nonexistent. USER EXPERIENCE (UX) Elysian will provide a new experience for consumers by integrating Artificial Intelligence and Virtual Reality into Ecommerce to create useful, efficient website navigation and provide consumers with a more detailed description and visualization of products. ATOMIC SWAPS Vastly improves the convenience of payments in cryptocurrency. Users will have the ability to freely convert to whichever token they desire, including the Elysian token, to eliminate fees and purchase goods in a more efficient manner. Designed to promote engagement and interaction between the Elysian team and the community. Provides a sustainable business model by allocating the tokens specifically to the growth pool for use after the TGE to fund community campaigns to improve our project. The Elysian forum is designed to be used as a means of communication for potential partnerships and future ideas for company expansion. Community members can either use their own tokens to contribute towards the growth of the project, or receive tokens out of the Elysian growth pool to be allocated for specific task completion. Voting Rights – Project applications listed on the forum are to be voted on by community members. If the project receives a minimum of 51% “yes” votes, and passes the responsible voting requirements*, the project will receive funding. All tokens contributed by community members to projects that are not approved will be refunded. The team behind the platform consist of a team of highly trained cryptocurrency specialists, who are considered experts with a vision of turning Elysian into a global marketplace and cryptocurrency market that is considered the main focal point of the entire ecommerce industry. Powered by the blockchain technology, Elysian is the center piece of an ecosystem presented for a sustainable and healthy growing community, fully integrated with other businesses in the ecommerce sector. The Elysian token (ELY) will serve as the primary method of access to transactions on the Ecommerce platform. The token will have the capability of being kept in our private wallet and then sent to the Ecommerce platform to facilitate transactions for services, avoiding the hassle of using a card or the outrageous fees of bitcoin. The token will be of the ERC20 format. Elysian Token Distribution elycoin.io The platform is extremely innovative and aimed at drastically changing the world of ecommerce with the new blockchain technology built business model. The numerous improvements the company is claiming will occur on the platform is said to be enough evidence to show investors and consumers why a faster rate of delivery, mixed with secure data storage of customers is the only way to run a business of this nature, especially when mixed with blockchain technology and can at the same time give users an immeasurable level of trust considered to be vital in the natural growth of the ecommerce industry. You can find out more about Elysian at elycoin.io. You can visit the following: Website - https://elycoin.io/ Whitepaper - https://elycoin.io/whitepaper/english Twitter - https://mobile.twitter.com/Elysian_ELY Facebook - https://www.facebook.com/ElysianxELY Telegram - https://t.me/elysian_ely Author: tinhkhuat Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1885373