INTRODUCTION
Zeus is a decentralized platform that uses smart contracts to share data through Artificial Intelligence (AI) and ethereum blockchain integration. Despite the development of AI, some people still don’t know how it works because of the unpredictable outcome. ZEUS will tackle all the challenges with its accuracy, trust, and data sharing features. With the use of blockchain technology, Zeus will combine several decentralized technologies to ensure a distributed marketplace for data and information.
MECHANISM OF ZEUS
Zeus uses a decentralized database that allows data sharing between multiple clients on a particular network. It uses blockchain technology, smart contracts, and AI integration. Zeus will also be operating on multilayer blockchain architecture as it uses many layers to allocate different responsibilities of a software product.
ZEUS ECOSYSTEM
The Zeus ecosystem allows perfect security that makes hacking, fraud and stealing impossible. It uses artificial intelligence and deep learning protocol; it allows 200,000 transactions per second, free P2P transaction fee and provides social network functions.
PROBLEMS OF CURRENT MARKET
The challenges of current market need to be addressed in order to satisfy the needs of the investors. The problems are:
CHALLENGE IN PEER TO PEER(P2P) FINANCIAL MARKET
In the current market, it is very difficult to fully trust the brokers such as lenders, insurers and loan processors because there is a lack of AI portfolio analysis. The regulation of the loan process and the addition of middle class result in higher fees, there is also a possibility of loan fraud.
CHALLENGE IN AI and DATA
The current markets have poor smart contracts security, slow transaction and are unable to identify when an AI fails and what to do when it fails or cause some mischief. It is also difficult to manage and update blockchains.
CHALLENGE IN E-COMMERCE
The current market lacks the capacity to reach the growing ethereum economy, it is difficult for merchants to accept payments in Ether. The payment method is too long expensive because there are too many steps to complete the transaction.
CHALLENGES IN CRYPTOCURRENCY MARKET
There is always a dramatic change in the price of cryptocurrency on the exchange platform because it is excessively volatile. There are also some cases of cybercrime and hacking that has resulted in the loss of millions of dollars. Other challenges are lack of price uniformity and transaction delays.
ZEUS SOLUTIONS TO THE PROBLEMS
SOLUTION IN AI/DATA
Zeus platform will use AI to access information and keep records including authentication and execution accurately without alteration. The addition of Zeus P2P platform will make data to be accessible to everyone on the network. Zeus platform also provides adequate trust thereby promoting machine-machine communication. It also allows data sharing among the clients.
SOLUTION IN E-COMMERCE
Zeus will put an end to the high fee of this current market by lowering to free or 0.01% (world’s lowest fee) transaction fee.
SOLUTION IN P2P FINANCIAL MARKET
Zeus is a decentralized platform that uses A.I smart contracts to create a transparent and healthy environment for investment. The smart contracts define the roles, obligations and right of each participant and make the transfer of fund and repayment are automatic. The stakeholders will be able to review the contract and when the contract is concluded, it will be verified transparently without any obstruction.
TOKEN SALE
The transaction token in the Zeus ecosystem is AZS, 50% of the revenue will be distributed for the Zeus platform and 50% for token holders. The unsold tokens will be burnt after ICO ends.
48% of AZS created during the contribution period will be allocated to the public contributors who send ETH to the smart contract address, 10% to ZEUS GENESIS token holders, 4% to ZEUS PARTNERSHIP, 2% to ZEUS LEGAL, 5% to ZEUS BOUNTY, 15% to ZEUS core developers, 16% will be in reserve.
CONCLUSION
ZEUS will create a comfortable, transparent and secure environment for the participants to share data without any obstruction.
For more information on Zeus, please visit.
Whitepaper: https://aizeus.net/zeus-whitepaper-vr1.03.pdf
My bounty0x username: damkem
