Elysian - A Blockchain Ecommerce Platform to Build Websites

chathura (26)in #ico • 6 years ago

E-commerce on the Internet is a commercial activity in the field of advertising and distribution of goods and services through the use of the Internet. Currently, e-commerce is rapidly evolving and, according to statistics, already more than 100 million people around the world regularly make purchases in online stores and on online shopping sites. The Elysian team is creating a decentralized e-commerce platform for building sites for blocking technology with improved security and an updated, improved user interface.

The Elysian project intends to radically remedy the problems in e-commerce platforms by applying smart protocols and blockchain technology to bring security to a new level. Elysian is a young and ambitious project that offers us the decentralized platform based on blockchain technology, which aims to create e-commerce websites, protect customer data, simplify e-commerce transactions. The Elysian is an innovative solution that combines the technology of blocking, the virtual world with AI, increased security for storing information and crypto assets for saving and transferring costs. Such a combination will undoubtedly lead to a colossal user experience. Also, thanks to the project, scalability will be improved.

Why should invest in Elysian?

In 2017, the volume of sales of goods via the Internet exceeded $ 2 trillion. This is a huge market, which is also increasing at an incredible rate (9.9% annually). In 2021, the volume of the e-commerce sector will reach $ 4 trillion. Elysian aims to raise the level of confidence in the audience for purchases through the Internet. Without this, further development of the sphere is impossible.The idea of Elysian seems very sensible, and its business potential is beyond doubt. You can make purchases here in any crypto currency (or fiat).

Security

The basis is the use of a decentralized distributed registry. The blockchain ensures the reliability and transparency of operations.It was decided to create a side private chain from the Ethereum blockchain. It establishes a new algorithm for consensus - building-Proof-of-Authority. This increases manageability, increases transaction speed, and reduces transaction costs. User's personal data cannot be stolen from ecosystem sites for two reasons: the lack of a single point of failure and encryption of data with the buyer's private key.

Usability

Artificial intelligence will assist the user in finding the right products, taking into account his preferences and much more.Virtual reality system will create a new experience in online shopping. A person will be able not only to read the description of the goods, but also to look at it from all sides, and even “touch”. In this case, there will be no discomfort that many experience from store consultants.When paying with cryptocurrency, the conversion of some coins to others is important. Often it is expensive and takes a long time. To eliminate these obstacles, the platform helps to create a payment system using atomic swaps. In this technology, conversion is not required, since the amount is written off in one blockchain, and goes to the account in another.The Elysian platform uses utilitarian Elycoin tokens to pay for transactions, execute smart contracts, and pay commissions within the platform. The token complies with the ERC20 standard.

AI and virtual reality

For digital commerce this union is represented in the stabilization and development of the industry. This system guarantees optimal and favorable conditions. Users will be able to make purchases without leaving home, while getting a full range of services, corresponding to the process of shopping in a regular store.

Growth pool

Its main purpose is the relationship between the project team and the crypto community. The percentage of token distribution that is allocated to the growth pool is 35% of the total number of tokens delivered. And it will be implemented in the system to ensure the legitimate usefulness of the token.