Ecommerce business is a thriving business that rakes in billions of dollars annually and more ecommerce systems are being put up. While the ecommerce business may be a lucrative and profitable business, there is one major problem with them, and that is the issue of security. Any internet-based business needs to be very secure, as the data of so many people go through those platforms, and if they are not secure enough, then the susceptibility to hacks, and identity thefts are very high.
However, the combination of the blockchain technology with ecommerce is a welcome development, that seeks to address the issue of data security, and Elysian is the best platform for it.
Elysian is blockchain based e-commerce platform created for online stores. The platform intends to improve on the effectiveness, productivity, functionality, and overall safety of e-commerce transactions. By integrating the blockchain technology coupled with smart contracts, transactions and data transfer will get a high level of security and safety, all in a bid to increase the trust in the relationship between the business and the consumers. To further boost the security system of the platform, Elysian will deal with the urgent security concerns in e-commerce by ensuring that customer data is encrypted and stored on the blockchain, and these data include customer bank details, driver’s license numbers, phone numbers, debit/credit card information, and addresses. Smart Contracts are also used for the verification of transactions, which is a way to improve credibility and assist in eliminating any form of security breach.
For ecommerce businesses that use the Elysian platform to create their websites, the technology of the system will be provided with services that will enhance their consumer demographic, and this will in turn make it easy for consumers on the website to easily navigate. Furthermore, consumers can have a thrilling experience when they shop, due the availability of virtual reality shopping. This technological innovation is top-notch and has the ability to bring about the much-needed change in the ecommerce community.
The Elysian platform’s functionality is dependent on its own token, and is on sale at the moment. The hard cap of the token is fixed at $1,600,000 USD, the price of a token is at $0.12/token, and the hard cap is fixed at $2,400,000 USD.
For a system that fuses the combination of blockchain technology, cryptocurrency, smart contracts, integration of atomic swaps, cryptography, artificial intelligence, and virtual reality, Elysian is indeed the platform that can effectively deal with the irregularities and lapses in the current ecommerce system. Every improvement the company has stated it will implement is enough indication to consumers and investors that the team behind the platform knows their onions, and as such the platform will be able to deliver as it has promised. The current e-commerce system will be nothing compared to online stores that will be created on the Elysian platform. One thing is certain in all of these, and that is the fact that 100% security of consumer data is assured.
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Topic: ECOMMERCE REIMAGINED WITH THE ELYSIAN PLATFORM (Read 142 times)
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