AI-driven Platform for Intelligent Commerce Based on Blockchain

The earliest attempts of trading started almost 150,000 years ago, since that its methods and ways have changed drastically. However, they all aim at exactly the same thing  —  raising the level of trading convenience. Commerce has progressed and improved, trading in different kinds of stores has become way more simple. There was a major boost in 1979, when  Michael Aldrich developed the concept of electronic shopping.

A lot of other inventions followed, for example, Boston Computer Exchange (1982), Amazon (1995), electronic commerce has become quick and available for everybody. The amount and the choice of online shops has blown up in the last 20 years. That lead to a strange issue. Instead of saving time, the big amount of variants makes the buyers spend a bunch of time choosing the product. Psychologists claim that making a decision about what to buy is physically tiresome and if people have too many choices they are less likely to make a decision. Other difficulties include the fact that the customers need to create a new account for every shop they want to purchase from. As a result the amount of customers grows, however, it often happens when they start searching for a product, but end up with nothing, because the variants are too overwhelming.

What does Eligma stand for?

Eligma is an AI-driven platform for intelligent trading based on the blockchain technology. It is going to change the way customers look for, buy, track and resell products on the Internet.

Its one-of-a-kind characteristics include a “one-place”, which will help the users to shop in all the online shopes from all over the world, compare the price of products and find out the suitable for selling them. This platform will provide customers with an entirely decentralized worldwide loyalty program and which will help to turn a common home into a real business.

How can Eligma be useful

Eligma’s AI unit will consider a bunch of product specifications to help users find products in a blink of an eye. Its discovery feature will be made possible by a large item database with data from online stores worldwide. The AI will not gain information from this database alone. It will also gather information about the purchases, shopping habits and previous searches of the users and unite them into a so-called portfolio, which will also include the consumer’s inventory. By doing so, it will be able to personalize the search process immediately. Consumers will be able to use the alternative discovery function, where Eligma will display items, for which the AI establishes a better fit with the consumer’s habits and needs. If the user doesn’t know how to search for an item, Eligma’s chatbot will ask him/her easy questions to improve the search options.

The platform is also working on a mobile application which will unite the offline and online trading universes. If users find a product they like in a regular shop, they can scan its barcode or QR code with the app on the mobile phone. The system will recognize the product in its database and look for the best deals on the local or international level according to the options chosen.

Join the Eligma Group on Telegram – https://t.me/eligma.

Follow the development on Facebook (https://www.facebook.com/eligmacom), Twitter (https://twitter.com/eligmacom) and LinkedIn (https://www.linkedin.com/company/eligma/).

Read the latest news on the Eligma Blog – www.medium.com/eligma-blog.

Subscribe to their Newsletter – www.eligma.io

The Coin Shark does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions. The Coin Shark is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the article.

Fourth AI Conference in Moscow: How to Use AI in Business, Customer Relations, and State Activity

On April 9, Smile-Expo will hold AI Conference in Moscow for entrepreneurs dedicated to the application of artificial intelligence in businesses. The event is primarily focused on the examination of case studies of medium and large companies.

About the conference

The conference aims to show how AI can solve routine business objectives. Presentations will be divided into three sections:  

  • AI for companies. Examples of the efficient automation of business processes: logistics, manufacturing, purchase, and others.  
  • AI for customers. Speakers will tell the audience how to customize communication with clients before they cross over to competitors.   
  • AI for the state. Industry challenges, the role of the government in its development, and standardization, as well as how all of these things will affect businesses.   

Each section will include certain case studies. Speakers will reveal them following the ‘issue – solution – result’ scheme.

About exhibition area

Companies engaged in the AI sector will show software and apps based on artificial intelligence. Exhibitors will provide technical advice and assist in selecting an appropriate solution.   

Target audience

AI Conference is designed for those desiring to improve their operations using artificial intelligence. In particular, medium and large business owners, government officials, retailers, marketing specialists, software developers, IT startups, and investors.

Venue

AI Conference will take place in a special economic zone of Technopolis “MOSCOW” at the address: 42 Volgogradskiy ave., build. 5.

Event organizer  

Smile-Expo is an international company that has been successfully holding major specialized exhibitions, congresses, conferences, and forums, creating platforms for business development in 28 countries for 13 years.

Register to AI Conference in order to find out how to apply artificial intelligence in your business.

The Coin Shark does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions. The Coin Shark is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Is The World Not Ready for the Power of Blockchain Yet?

The blockchain technology undoubtedly has a huge potential for companies specializing in various fields and areas. On a daily basis, we witness enterprises all over the world incorporate blockchain for security, cross-border payments, storing data and many other purposes.

Blockchain is used in the healthcare sector, studied in universities and even used to combat crimes against humanity, like child labor and drug trafficking. However, if we take a closer look at the statistics, we will be surprised to find out that most businesses are not yet at the stage of development to start using blockchain.

According to the research made by the software company Globant, among the participants of the survey, less than a half (46%) are actually ready to apply the blockchain technology right away.

Our report reveals organizations are eager to invest in blockchain solutions to improve their internal operations. Enthusiasm toward blockchain has yet to translate into readiness, however,” is mentioned in the report.

As for the statistical results of the survey, here it is worth pointing out the following bullet points:

  • 64% of the respondents are willing to incorporate blockchain and invest into blockchain solutions, but have not undertaken anything specific yet;
  • 61% are already actively researching the technology and the ways of applying it for their businesses;
  • Only 28% have selected their first or subsequent blockchain vendor.

Out of the respondents whose businesses have already started researching blockchain:

  • 42% are in the discovery phase;
  • 30% are still unsure of which blockchain provider to choose;
  • 19% have chosen their first vendor;
  • 9% have already moved on to another provider.

Thus, we can clearly see that although the interest in blockchain is obviously present and growing with every single day, however, it is still quite far from being fully incorporated by the businesses worldwide.

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Kuna Exchange Added BTC/USDT Trading Pair: Speed, Safety, Comfort For Everyone

One of the most promising cryptocurrency exchanges in the Eastern Europe welcomes you in its crypto world. Kuna exchange comprises more than 10,000 active traders, its trading volume approaches approximately $500,000 a day, and about $2,5 million a week. Let us check the most important features of this exchange.

Firstly, it provides a user with easy and fast deposits and withdrawals in UAH, a person can make a deposit using Ukrainian bank card, in cash, or even by using online services Advanced Cash or Certus without any effort. Speed is not just a simple word for Kuna, it is the main priority which the exchange strives for. Therefore, all the transactions occur immediately.

Secondly, safety is of big importance for users, as well as for Kuna. Hence, all amounts on the exchange are backed with real money. User can withdraw any amount of money, and the exchange will still work, as it does not effect on iits work.

Thirdly, comfort is anticipated for every customer, as he/she is able to use userfriendly mobile app to trade the cryptocurrency anywhere. The app is available in Google Play and App Store.

The most important thing is that the exchange allows customers to trade 16 cryptocurrencies with UAH. Moreover, the user can hedge investments in stablecoins, like TUSD and EURS. Yet, it is not the end, the exchange has recently added a new trading pair –  BTC/USDT.

As we have stated before, speed is very important for Kuna, that is why the exchange decided to choose this coin to please its customers with unbelievable transaction speed. This pair will definitely save your time, perhaps even nerves, USDT is based on Bitcoin blockchain, the translation requires only 3 confirmations, and in up to 30 minutes the operation will be done.

The user can instantly transfer the USDT using the Kuna Code. It is an internal asset of Kuna, which allows to transfer assets, to generate code as a gift, to make deals and barter codes between other users of the Exchange and exchangers.

If you have any questions, visit the website or subscribe on Telegram. Do not hesitate and choose Kuna, it is waiting for you!

The Coin Shark does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions. The Coin Shark is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

Chinese Fudan University Opens Up a Research Center Devoted to Blockchain

One of the oldest and most prestigious educational establishments in China, Fudan University, located in Shanghai, is moving with the times. Just like their colleagues from universities in Tokyo, Stanford and other cities around the world, Fudan scientists decided to try out the potential of the blockchain technology.

The university partnered up with a couple major companies in Shanghai, one of them being Shanghai Zhongren Information Technology Co., Ltd, and launched Shanghai Blockchain Engineering Technology Research Center.

The new blockchain hub will function not only to benefit Fudan University, but also for the sake of the whole city.

Professor Lu Haibin, the newly appointed Director of the Blockchain Research Center of Fudan University, introduced it during the official opening:

The Blockchain Research Center will carry out basic research, demonstration of possible application and training talented people with the help of the blockchain technology, strengthen the combination of production, study and research, and serve Shanghai’s economic development.

Frankly speaking, this is not the first time that a Chinese higher educational establishment opened up a similar center. The fintech research department of the Tsinghua University in Beijing cooperated with the blockchain payment solution producer Ripple and established a special scholarship for gifted students in this area called the Blockchain Technology Research Scholarship Program.

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WaykiChain (WICC) Developer Portal is Officially Opened, Revealing 2019 Technology Roadmap

WaykiChain English Developer Portal is officially launched for developers over the world on February 15, 2019. There are 4 tasks in the portal and developers worldwide are welcome to claim any of those. The total reward of WaykiChain Developer Incentive Program is $50,000 worth of token WICC. WaykiChain will accelerate the speed of building its public blockchain ecosystem by the release of this English Developer Portal.

Incentive Task List

  1. Developing Volunteer Recruitment- $50-$500 per week
  2. Node Deployment- 20WICC per participant
  3. Smart Contract Tool Development- $600-$6,500
  4. Creative DApp Development- $800-$25,000

More tasks to be released in the future.

WaykiChain Developer Portal can be found here: https://wicc.me/gb4

Why choose WaykiChain for DApp development?

– Fast development and continuous deployment through WaykiChain DApp PaaS

– Improved user friendly interface through WaykiChain Hybrid Solution Architecture

– Higher TPS compared to POW blockchains

Also on Feb 09, 2019, WaykiChain CEO, Gordon Gao twittered,

“Something will happen this year: 1- At least ONE unique technical feature of WaykiChain(WICC) will be developed. 2- Core development team will be DOUBLED. 3- Budget for overseas marketing will be tripled. Let’s go.”

It signals WaykiChain’s ambition in technology development, ecosystem construction and global market expansion.

About WaykiChain

WaykiChain (WICC) is a third-generation blockchain that is based on DPoS consensus algorithms with support of Turing-complete smart contracts. It is reportedly able to sustain transactional throughput over 1,000 TPS in real time. In the long run, WaykiChain (WICC) aims to provide a secure, reliable and high-performance blockchain platform that will enable the growth of multiple industries such as prediction markets, decentralized assets exchanges, and decentralized forex exchanges.

Follow WaykiChain’s official channels for the latest updates:

Website: http://www.waykichain.com/

Developer Telegram Group: https://wicc.me/g4

English Telegram Group: https://wicc.me/pr9

Twitter: https://twitter.com/wayki_chain

For inquiries please contact: Linda — [email protected]

The Coin Shark does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any actions. The Coin Shark is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.

The Recent Filing of Apple to SEC Suggests Its Interest in the Blockchain Technology

It has been detected that one of the latest listing of Apple submitted to the Securities and Exchange Commission called “Conflict Minerals Report” mentioned the blockchain technology as one of the methods to deal with the issue stated there.

The issue itself regarded the mining, production and shipment of minerals used to produce smartphones and other electronic devices.

We have covered the topic earlier and informed you about the company Ford that cooperated with IBM and other giants in order to combat child labor in Africa. Their primary goal was to focus on cobalt mines in Congo, where minors were and maybe still are working illegally.

Meanwhile, Apple has some big plans on that cobalt, since this mineral is crucial for the company to manufacture their devices. However, using cobalt from the infamous mines in Congo would mean direct support of the human rights abuse.

Many experts have repeatedly pointed out that the supply chains of Apple were involved in multiple scandals involving the violation of human basic rights. Thus, the company had to make sure it got rid of the “dirty” reputation.

Apple is deeply committed to upholding human rights across its global network of suppliers that support the manufacturing of its mobile communication and media devices, personal computers, and related accessories. Apple works to safeguard the well-being of people involved in its supply chain and to protect the places where materials are sourced,” the filing reads.

Conflict Minerals Report was mainly about the work ethics of Apple and the possible ways to ensure the legitimacy of supply chains, using the blockchain technology, as well as educating other businesses how to use blockchain for security purposes.

Thus, we might draw a conclusion that Apple is getting closer to using the blockchain technology, even though it is indirect so far. Bigger step towards using the potential of blockchain might follow soon.

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