ELYSIAN UNLOCKS THE FUTURE OF E-COMMERCE WITH BLOCKCHAIN TECHNOLOGY.

INTRODUCTION.

To fully grasp what the Elysian Project is set to do to the multi-trillion dollar e-commerce industry and assist you make an informed decision to participate in the Elysian project and Token generation event TGE, let’s take a trip back in time to 1957. Year 1957 welcomed the birth of the internet and the framework of our current digitized society, at that time, internet was restricted to only the government and military,in 1989 the internet went mainstream and was adopted by research,social platforms,gaming and online transactions of buying and selling,these online trade execution evolved into what we call e-commerce today. So basically e-commerce is transaction of any sort made on the internet.

2008 saw the beginning of yet another technology, called the Blockchain technology,a technology with an open source code that records immutable transaction on the Bitcoin network and eliminates disputes between two anonymous parties at the same time viewed by all.Blockchain is making a gradual entry into the fabric of all human endeavour as it finds use case for various app models.

The Elysian project is poised to combine the 1957 internet revolution and the power of the 2008 Blockchain tech to evolve a never seen secured User friendly e-commerce Ecosystem.E-commerce allows for transaction to occur anywhere in the world but,not without certain limitations such as identity theft,failed transactions,credit card thefts, logistics,cyber attacks etc.Elysian Team, having studied these concerns have designed a Platform powered by the Ethereum Blockchain with an ERC 20 token,ELY TOKEN to solve these problems and make the e-commerce a total departure from the 1989 e-commerce model.

ELYSIAN BLOCKCHAIN PLATFORM.

This is an Ecosystem comprising the e-commerce platforms and Subscribers

• The platform interface is User friendly, providing virtual reality (a near real life experience) of e-commerce through artificial intelligence. You could actually walk through a store to see a detailed visual of whatever you want to buy and be reminded of your previous shopping store and cart items on the internet.

• The Elysian platform deploys the smart contract to ensure security of data and storage of customer data,which up until now had been vulnerable to breaches by cyber attacks.

• Payments are made through cryptocurrency of your choice by simply swapping it with Ely token,this replaces the traditional payment tools.

These three innovation are packaged in Elysian Blockchain platform and fuelled by the ELY token,there’s a private wallet where Subscribers can store their Ely tokens for subsequent e-commerce transaction usage.

The competitive advantage I see in the Elysian project is the infusion of Artificial Intelligence and virtual reality into e-commerce,next is the GROWTH POOL feature to facilitate interaction between the Ely team and her Subsribers,geared towards building the Ecosystem.The feature has an Elysian forum for interpersonal discuss and initiate partnership for project development,Voting rights and token integration.

THE ELYSIAN TECH.

The Elysian platform sits on a Proof of Authority POA algorithm which provides a private Blockchain to encrypt user data for subsequent storage in a private key code available only to the user,same applies to all e-commerce stores subscribed to the platform for high level security. Currently the Ely token is hoisted on ERC public blockchain,all Ely tokens shall be converted to POA and migrated to a private Blockchain with ratio 1:1 at the end of Token generation event.

TOKEN ECONOMY & TGE

The Token Generation Event is live(third phase price is 0.12$) and scheduled to end on the 8th of July 2018,payments are in Ether.Total supply of the Ely token is 1Billion,250Million circulating supply disbursed to the Ecosystem after TGE. Ely token is an ERC 20 utility token.KYC is necessary for all potential Subscribers,the following countries are restricted from participating in the TGE, US, Canada,China and North korea and Iran.

The Team details and Roadmap are available on the Elysian website.

IMPORTANT LINKS.

• Website: https://elycoin.io

• Telegram:https://t.me/Elysian_ELY

• Twitter: https://twitter.com/Elysian_ELY

• BitcoinTalk: https://bitcointalk.org/indeitsx.php?topic=3332920.new

Written by Funmmi2

Bitcointalk Profile link: https://bitcointalk.org/index.php?action=profile;u=2100818

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