Elysian is a blockchain powered e-commerce platform. The aim of Elyson is to build trust between businesses and consumers by redefining security and efficiency. The decentralized ecosystem advances with technology such as Artificial intelligence and virtual reality. Today, technology is circling all over the world. In fact, no work can be done without technology. However, there are shortcomings in the use of technology too. The lack of cyber security, identity theft etc is becoming problematic for the blockchain industry. Elysian ensures faster delivery, secure customer data storage, and identity theft protection. Thus, it safeguards a secure blockchain based startup for the industry. Elysian tokens act as a method of the transaction in the platform. Elysian provides consumers the freedom to use the Cryptocurrency for products and services or even fiat money.
Security
Just like other industries e-commerce industry faces problems with cybersecurity. People are well aware of these problems. Therefore, they tend to avoid online payments using credit cards or even to share the bank details on a website. The vulnerability comes from hacking. Major companies are subjected to fraud. Not only buyers or consumers but also business retailers fall victim to credit card fraud. When a person is put on the margin of hacking they tend to avoid such deals. Therefore, major companies with e-commerce industry are at lost. Among poor security management are several cyber attacks. They are Phishing attacks, credit card fraud etc.
Solution
The infancy of blockchain technology is suggested by the increasing number of cyber attacks. All of these blockchain based companies are vulnerable to attacks. And they still are struggling with the security of their networks. But there are holes in these security networks. The blockchain has two words-transactions and storing data. These two words need utmost care because they are dealing with information about consumers and the company. Decentralization and smart contracts are two steps taken in safeguarding the security of the consumers. Thus, through the process of smart contract they verify a secure transparent service.
Token
ERC20 tokens are the tokens that are used in Ethereum network. ELYCOIN is the token that is used in Elysian platform. To secure a transparent service the code will be available for public. The token generation event will add more features to the platform. One billion tokens are to be distributed.
User experience
Humans tend to be in the regular place in the regular routine than change. They prefer to be involved in decision making. So user experience is important. In order to provide a preferable user experience it is necessary to develop technology. Hence, Elysian introduces the technology of Artificial intelligence and Virtual Reality.
Roadmap
• Q2 2017 – The birth of Elysian concept
• Q3 2017- The development of the concept
Q1 2018
• Q2 2018- The Elysian private event
Elysian TGE
• Q3 2018- Launch of the official desktop wallet
• Q4 2018- Launch of the official Mobile wallet (iOS & Android)
• Q1 2019- Private blockchain
• Q2 2019- The official Elysian Merch programme
• Q3 2019- The official Elysian platform
• Q4 2019- Combination of the Elysian e-commerce platform
• Q1 2020- Increase the limit of altcoins accepted on the Elysian platform
• Q2-Q3 2020- Strategic office in Europe and Asia
• Q4 2020- Al combination into the Elysian e-commerce platform
• Q3 2021- VR combination into the Elysian e-commerce platform
• 2024- The start of 1% of global e-commerce websites using the Elysian platform
Regarding all these facts it is obvious that this decentralized e-commerce platform provides improved security and revolutionary user experience. The data of customers stored in the network are safe while with the help of Artificial intelligences and Virtual reality consumers can surf freely. This is a unique blockchain. It provides services to the customers more than their competitors offer. The proof-of Authority consensus is a symbol of the security in this decentralized ecosystem. Consumers are the priority in this platform. Therefore, be free to involve in the most secure decentralized ecosystem.
The Team behind Elysian
Find further information on following links
Website:https://elycoin.io/
Bounty Thread:https://bitcointalk.org/index.php?topic=3332920.0
Whitepaper:https://elycoin.io/whitepaper/english