Elysian: an innovative approach to e-commerce
Elysian is a decentralized platform that is built on the blockchain technology and the main goal of the platform will be the creation of websites with the support of e-commerce. As the developers of Elysian say, this is a new round of e-commerce development, count version 2.0.
First, Elysian is a decentralized platform which means that the transition to a new business model, namely P2P, will be carried out. Decentralization completely eliminates unnecessary intermediaries and communication is carried out between the consumer and the seller in one single chain. This system will not only facilitate the purchase and sale of goods or services, but also make it cheaper by an order of magnitude, since there will not be any costs for the intermediary.
Secondly, Elysian is built on the blockchain technology that provides transparency, security, fast speed of all transactions, and connections between network members.
Security is built on the basis of the blockchain technology. Blockchain is a set of points or blocks that are linked together by lines or chains. Each block is a member of the network that transmits information on the circuits and your information can be transmitted simultaneously over several circuits and stored in several blocks simultaneously, so that it is impossible to intercept your information or transaction, the essence of security is built on this basis. In addition, the Elysian team has created a new algorithm for data transfer — Proof-of-Authority. In fact, this is a private blockchain that will in turn encrypt all the data inside its network. Any information that will be entered by the user, be it information about credit cards or the name and surname of the user, all this information will be encrypted and access will be impossible. This level of security will be available to all stores that will be launched through the Elysian platform.
The main factor in buying goods or services on the site will always be the attractiveness of the site itself and the convenience of the interface on it. Now there are already a lot of courses in the program of education in universities where young people are trained in advanced UI/UX design skills. This course teaches people to understand how to make such a design that a person was pleased to be on the site as much time as possible while necessarily buying something. In these studies millions of dollars are invested by the world’s largest corporations such as Microsoft, Apple, and Amazon. To solve this problem Elysian came up with a brilliant solution: to help in the advancement of this field they created an artificial intelligence that can replace the work of these young guys. This artificial intelligence will monitor the user and remember which sites he most like and conduct his own research to build the ideal site for this user. This artificial intelligence will provide the maximum level of user convenience, ease of navigation on the site, and a pleasant visual experience. This method will allow a specific user not to leave the comfort point as long as possible, thereby increasing the likelihood of buying on the site on which he is located. In addition, a satisfied user will leave feedback for the seller of a particular service or product.
Probably, the most basic feature of this project is the introduction of virtual reality (VR) technology. There is not always time to go shopping, so Elysian offers to create a store right in your home. Imagine, you are sitting at home and you need new sneakers, you wear your VR glasses and get straight to the store with counters and shelves. And you just choose what you like and with the possibility of artificial intelligence this store can be transformed into a store that is comfortable and pleasant for your eye contact. In fact, the same store can look quite different from each user because the flexible virtual reality environment with the interaction of artificial intelligence can create a unique environment based on the preferences of a particular user.
The Elysian ecosystem will be based on the Ely coin. This coin is based on the ERC-20 standard. This system ensures the speed of transactions and the transparency of each of them that guarantees additional levels of security for each user, this system is already used in hundreds of coins. The coin will be used to pay for the services of all Elysian employees and their advisers; it will also be possible to pay for services in the Elysian network with these coins.
In the end, it should be noted that Elysian is probably one of the most interesting projects of 2018, the project is close to reaching Hard Cap and will be launched at full capacity.
To learn more about the details of this project, as well as to participate in the purchase of platform tokens, visit the official website https://elycoin.io/ and read the whitepaper: https://elycoin.io/whitepaper
Also, you can find a lot of useful information on the bitcointalk forum (ANN thread): https://bitcointalk.org/index.php?topic=3333050.msg34852238#msg34852238
Author Cryptozond: https://bitcointalk.org/index.php?action=profile;u=1190894
ERC-20 wallet: 0xE09319CEB0C8cf2029e27F85E1Bcb1159c63aF8e
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