TECHSPECS: That lets you profit from all tech growth

In a present-day situation, we see that huge companies that are producing technical devices are competing with each other over each consumer. We can observe that the technology market is overloaded with various types of digital devices and gadgets. You would think that having such a wide range of goods and products consumers are more likely to buy them but the statistics show that the tendency of purchasing every new gadget or device sees its end. Such a situation is a huge issue for device manufacturers and for tradesmen. A project called TechSpecs saw the problem, found a solution and applied it to the current situation.

What is TechSpecs?

It is a platform which provides the simplest method to attach technical specifications (or technical characteristics) of an electronic device on a regular basis to any website in the form of a link. The application is employing Artificial Intelligence to automatically produce technical specifications (tech specs) for hefty online-markets.

The main idea of the project is to establish an ecosystem that will support technical manufacturers, retailers, and consumers with information about technical characteristics of an electronic device.

TechSpecs sees the problem in such factors: wow factor, differentiation, and clarity:

• The first factor means that after the electronic product is produced and released, it is not clear why this device is different from others. The advertisement simply encourages to buy the new gadget but it doesn't explain why a consumer should be interested in a purchase.

• The second one means that in a current situation when the interest in devices is minimal, the tiniest convenience can lead to the distinction of income or loss.

• The third factor is understood as the problem of differentiating between similar devices. In order to achieve the success, they need to state in a clear way why the product is authentic.

TechSpecs application can be used by those who want to buy a device, but have difficulties in differentiating between the devices. Businesses may use it to instantly and clearly identify all the technical characteristics of new devices, and mark their advantages.

How it works?

The platform can be used by multiple groups of individuals. It can support second-hand marketplace, retailers, technology bloggers, and YouTube reviewers.

The project sees the problem of a first group in not being able to automatically update the specifications of devices provided by a second-hand marketplace. When a consumer is searching for a device on a second-hand online-market, he encounters the problem of comparing technical characteristics of different devices and instead of buying the desired devise, purchaser decides to leave the online-market which leads to a loss. TechSpecs empowers these markets with an API and with an AI-based program that automatically generates all the specifications to the devices which leads to increase of purchases.

When retailers are making attempts to sell electronics through second-hand marketplaces, they face the issue of not being able to add detailed and correct specifications of a device into their posts. Obviously, this leads to the constant need for answering endless e-mails from possible buyers concerning technical characteristics of devices, or more likely, it leads to lower chances of selling their products. TechSpecs eliminates this problem since the link generator for online-markets supplies buyers with specs and saves sellers' time and money.

Technology bloggers face the same difficulties as online-markets and retailers. It is hard for them to provide their readers with correct and detailed characteristics. They find it challenging to find technical reviews that would be easily understood by blog readers. The platform will empower bloggers with a simple widget which will help them in making their posts accurate and more interesting. The usefulness of blogs may raise which will lead to an increase in bloggers' income.

It is highly important for YouTube reviewers to clearly and accurately describe the advantages and disadvantages of a device. If a review is considered to be useful, it gains more views and increases the income of a reviewer. Viewers desire to consider product’s characteristics in order to decide whether to buy it. Unfortunately, reviewers rarely manage to find easy-to-embed external links of products. TechSpecs support YouTubers with an automated process of embedding these links.

Of course, all the groups will have to pay for the services provided by TechSpecs. All the services will be provided in exchange for TechSpecs Tokens (SPC).

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Roadmap:

Summary

The platform is constructing a system that strives to become the best platform for providing such services as technological help, evaluation of technical characteristics of various devices etc. It is grounded with its own SPC token constructed using blockchain. It will support online-markets, bloggers retailers and other users with simple-to-use tools.