Platform For e-Commerce Websites On Blockchain
Elysian is a decentralized blockchain based platform developed to upgrade the e-Commerce industry by integrating smart contracts, artificial intelligence or AI, atomic swaps and virtual reality.
In the era of internet revolution, ecommerce has definitely made its mark in the online market industry. But, it has its own limitations and flaws. The most common questions that we often ask ourselves while doing an online transaction are:
- Is my personal data safe?
- Will my product reach me on time?
- Why the transaction fees are so high?
- Will my cash be refunded to me on time?
Similarly companies and traders have to deal with their own set of problems.
- In case of return and refund of a product the company has to bear the loss.
- Competition on price and shipping. Too many sellers selling the same product on the sites and the only difference are the price. Big players offer free shipping and discounted rates on their product, which is not feasible for small dealers.
- Data security: There is lot of scam and fraudulent actors playing in the market who get access to all the details like contact number or card details of the customers. At the same time the companies cannot even verify the online identities of the customers who often select the cash-on-delivery as payment option.
Apart from these, the cryptocurrency market has not been widely accepted by traders and customers due to lack of knowledge as how to utilize the crypto market tools. Users often have to pay an increased fee for converting their fiat money into cryptocurrencies. Most of the e-commerce platforms do not support the crypto money. Blockchain has revolutionized the internet but it has still a long way to go. The e-Commerce industry is vaguely aware of the Blockchain concept and has not yet accepted the system so well.
The Elysian team of experts plans to bridge the gap between e-commerce industry and cryptocurrency market by creating a new e-commerce platform that was earlier nonexistent. The ecosystem is one of its kinds and will leverage the future of e-commerce by accounting all these problems and offer convenience, security and a whole new level of user experience.
- Enable cyber security: Blockchain decentralization prevents the customer’s private data being visible to the hackers. Use of smart contracts further adds up to provide a transparent and secure transaction. Blockchain introduces the Proof-of-Authority concept, which is a private Blockchain that will store the encrypted credit card details and other user data securely.
- Artificial Intelligence and Virtual Reality: Implementation of AI and virtual reality will provide the ultimate customer satisfaction as well as interpersonal interaction. AI will help customers to navigate through different websites. AI can also direct them to their last visited page by verbal communication and images much like “Siri in Apple”. Virtual reality again offers an “in-store” experience to the customers from the comfort of their living room thus providing a personalized experience to the customers.
- Elysian can reach a wide range of customers, companies and market players thus enabling a huge growth opportunity in the ecommerce industry.
- The Elycoin or Ely will be the preferred token in the Elysian platform. Elycoin will enable easy, instant transactions and low-cost payments.
- Improved user experience: An innovative ecosystem that will result in ultimate customer satisfaction.
The Elysian Vision: The main idea behind the concept is to provide a futuristic ecommerce platform that will ensure security and efficiency to the market. Individuals now can launch their online stores confidently and securely. The role of intermediaries is eliminated thus reducing the transaction fees considerably.
Elysian Token Details:
- Token: ELY
- PreICO Price: 1 ELY=0.06 USD
- Price: 1 ELY=0.12 USD
- Platform: Ethereum
- Accepting: Ethereum
- Soft cap: 3,000,000 USD
- Hard cap: 19,000,000 USD