E-Commerce, online shopping, e-commerce are all the same, it's a remote way of shopping.

How, from the point of view of the ordinary user, is the purchase of goods or services on the Internet?

Through the search engine looking for goods and their value. Further, most potential buyers compare prices on different sites. Then the buyer visits the sites where the cost of the goods suits him and begins to study the terms of purchase, such as payment methods, delivery, return of goods, etc.

The pricing policy of the online store is the most obvious way to attract a buyer. All the others are in the shadows.

Few people think about how serious research is conducted in order to determine how these implicit effects affect the decision to purchase.

And here two points are being clarified - the visitor buys if he feels:

• safely;
• comfortably.

It is the security and comfort of purchases that helps to create an Elysian platform for all sites that trade for cryptocurrency and are registered in the ecosystem.

To do this, we use blockchain, smart contracts, atomic swaps, private sidechain Ethereum and a new consensus algorithm Proof-of-Authority, as well as artificial intelligence and virtual reality.

About the project

Elysian is a decentralized platform for creating websites for online trading companies.

The main priorities of the team are as follows:

• Security of users ' personal data. This has a serious impact on the trust of customers to the online store, is achieved through the use of blockchain technology.
• Comfort for the buyer. This includes the convenience and simplicity of the site interface, tips, help in working with positions, including the memorization of viewed, search for analogues, and so on.

Security

The platform provides tools to protect personal data and the payment system.

The basis is the use of a decentralized distributed registry. The blockchain ensures the reliability and transparency of operations.

It was decided to create a side private chain from the Ethereum blockchain. It establishes a new algorithm for consensus - building-Proof-of-Authority. This increases manageability, increases transaction speed, and reduces transaction costs.

Users ' personal data cannot be stolen from ecosystem sites for two reasons: the lack of a single point of failure and encryption of data with the buyer's private key.

Usability

The first thing that helps to create Elysian commercial sites is a friendly interface.

Artificial intelligence will assist the user in finding the right products, taking into account his preferences and much more.

Virtual reality system will create a new experience in online shopping. A person will be able not only to read the description of the goods, but also to look at it from all sides, and even “touch”. In this case, there will be no discomfort that many experience from store consultants.

When paying with cryptocurrency, the conversion of some coins to others is important. Often it is expensive and takes a long time. To eliminate these obstacles, the platform helps to create a payment system using atomic swaps. In this technology, conversion is not required, since the amount is written off in one blockchain, and goes to the account in another.

The Elysian platform uses utilitarian Elycoin tokens to pay for transactions, execute smart contracts, and pay commissions within the platform. The token complies with the ERC20 standard.

Token Generation Event

Distribution of ELY tokens takes place in several stages. Preliminary runs from 4 to 17 June 2018, the main-from 18 June to 8 July 2018.

The cost of ELYcoin will vary depending on the time of investment in the project.

In total, 1 billion tokens will be generated. HardCap is set at $19 million.

The proceeds will be distributed as follows:

Conclusion

Given the growth of the e-Commerce market, especially in Asian countries, this project has prospects.

Along with the usual use of blockchain and smart contracts, nuclear swaps and virtual reality appear in modern cryptocurrency startups.

Plus, there is a well-thought-out security system using a private blockchain.

A lot depends on how the team will be able to implement their ideas. In offset they are working in the test network online store.

All additional information about the ELYSIAN project can be found in the official sources:

WEBSITE: https://elycoin.io
TELEGRAM: https://t.me/elysian_ely
WHITEPAPER: https://elycoin.io/whitepaper/english
ANN THREAD: https://bitcointalk.org/index.php?topic=3333050.msg34852238#msg34852238
BOUNTY THREAD: https://bitcointalk.org/index.php?topic=3332920
TWITTER: https://twitter.com/Elysian_ELY
FACEBOOK: https://www.facebook.com/ElysianxELY/
LINKEDIN: https://www.linkedin.com/company/elysian-ely/
MEDIUM: https://www.linkedin.com/company/elysian-ely/
YOUTUBE: https://www.youtube.com/channel/UCm0BGtPu1nB-7HbeJsHKJTw
REDDIT: https://www.reddit.com/r/Elysian_ELY/
GITHUB: https://github.com/Elysian-ELY/Smart-Contract

MY BITCOINTALK: https://bitcointalk.org/index.php?action=profile;u=1238493