Elysian is a decentralized platform that builds Ecommerce websites on the blockchain and uses innovative features such as upgraded security and unprecedented user experience to fix current flaws in the Ecommerce industry. The platform integrates blockchain technology to provide improved services in comparison to its competitors that do not operate on the blockchain. Elysian will use the Proof-of-Authority algorithm on its platform. Proof-of-Authority consensus will provide the Elysian ecosystem with a private blockchain to store encrypted credit card information and other user data securely over a distributed network, which will build trust between Ecommerce businesses and consumers. In addition, user experience faces a drastic transformation by implementing artificial intelligence and virtual reality to create simple, efficient website navigation and aesthetically pleasing graphics for users to provide the ultimate experience.
The innovative concept of Elysian will drastically improve current flaws in the E commerce industry by integrating blockchain technology to create a revolutionary E commerce platform.
This is a legitimate concern in the realm of E commerce, 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 business-to-consumer (B2C) business model that is currently nonexistent.
Elysian will provide a new experience for consumers by inergrating 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.
Vastly improves the convenience of payments in cryptocurrency. User 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.
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