MOZO PROJECT (ICO 2018)-THE TOKEN OF DISCOVERY

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INTRODUCTION

Cryptocurrencies receive news coverage on a daily basis recently, and investing in them can be fun, profitable, and rewarding. respectively over the last years as interest investors flock to the digital currency market, and research has comfirm it that over 100,000 new users sign up every day. And this is just the beginning.

The starting point is familiarizing yourself with the market caps and prices of popular currencies. The cryptocurrency market is highly speculative, so staying up to date with circulating news is critical. Much of the market seems like a gamble at first glance, but you can become an intelligent cryptocurrency investor by learning about each of the tokens and by a particular project that I will be presenting to you in this article.

Today, I will be presenting you an unbeatable and undisputed project called: MOZO

WHAT IS MOZO PLATFORM?

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MOZO is a decentralized solution based on blockchain for businesses and retailers, the use of this application allows you to increase and control pedestrian traffic in land-based stores. The project developers are working to attract partners-it is necessary to create a base of ground shops that will participate in the project. Users of the platform will be able to receive a Mozo token reward for visiting such trading platforms and purchasing certain products. Stores will accept the Mozo token as a payment instrument - the project is innovative and is rapidly gaining momentum.

ABOUT MOZO

Retail business is currently greatly reduced in the sales field. this is influenced by many factors associated in it so that the chain of sales in the retail business, especially those moving with the physical store sales is very affected by the impact of the movement of ecommerce business. mozo project is a project that runs in the retail business covering an ecommerce area where mozo project offers solutions for retailers to easily locate and market their products at physical stores or online promotions, online promotion offered by mojo project is very simple but has an impact which is very large for retail entrepreneurs where in the promotion of mojo projects retail entrepreneurs can easily promote their products or stores to prospective buyers by giving some tokens or tokens to buyers or visitors, this idea does sound very alien and impossible but with a promotion like this the retail business actor will easily attract customers who are visiting the shopping area or in the area where the promotion is done.

MOZO is a leader in Indoor Positioning System (IPS) technology, having successful results with leading Chinese mall operator, Wanda Group and 361 °, one of China's leading athletic clothing retailers. Strategic partnerships with industry leaders Wanda China, Suntec Singapore, and DCG Korea, put Mozo at the forefront of the retail industry in Hong Kong, China, Singapore, and Korea. With already 38,000 places committed to implementing Mozo, we up to 300,000 places will implement Mozo for the next three years. Our goal is to be the No. 1 blockchain token for the global retail market.

MOZO works by using a "smart contract" associated with a retail activity. This smart contract is made between reseller smartphones or IoT devices (like Beacons) and consumer smartphones as they detect their respective devices. Smartphone and consumer retailer smartphones can receive and process transactions under consumer orders. In other words, the Mozo contract is a transaction created by a user who transfers control commands between user devices, user users, or user systems. Therefore, we make a smart contract in which the smart contract object is to process transactions on the blockchain network.

HOW MOZO WORKS

Mozo works by using a “smart contract” which is tied to retail activities. This smart contract is established between the retailer’s smartphone or IoT device (such as a Beacon) and the consumer’s smartphone as they detect each other’s device. The consumer’s smartphone and retailer’s smartphone can accept and process a transaction under consumer’s command. In other words, the Mozo contract is a user-generated transaction that transfers control commands between user-device, user-user, or user-system. Hence, we create a smart contract where the object of the smart contract is to process the transaction on the blockchain network.

Before using Mozo, users and devices must first be registered with the Mozo System and the blockchain network through authentication procedures. In case the device (such as a Beacon or Sticker) is difficult to be registered by itself, the administrator must then first identify the unique ID (UUID) of the device and register that device. After that, the retailer’s salesperson must associate the device with the product that the retailer wishes to sell. The method to identify the device in case of Beacon or Sticker is to use a Bluetooth scanner, which will return the unique ID of the device. However, if this is not the case, the tool should hash the unique response information so that the device can be automatically disconnected from the blockchain network and reported to the administrator whenever it has been tampered with. This is to protect the retailer’s and consumer’s interests.

INITIAL COIN OFFERING (ICO)