AI Zeus- Block Chain Ecosystem App

elmichaels (1)(1)in #blockchain • 8 years ago

About Zeus

ZEUS is a decentralized platform that performs the sharing of data through AI and block chain integration. Zeus is a public blockchain that is tailored to the needs of Apps with millions of users. It is an open-source blockchain platform that features artificial intelligence and smart contract services. The introduction of Artificial Intelligence techniques and style makes ZEUS revolutionize the experience of utilizing smart contracts thereby making the entire process easier and faster. To ensure flexible blockchain networks that allows multichain collaboration and self-optimization, ZEUS incorporates efficient technologies especially to refactor the blockchain with Artificial intelligence. Zeus relies on big data sharing which will ensure more accurate future analysis.

How It Works

Zeus Platform offers a proof of stake algorithm which good will go a long way in determining the way individual nodes reach consensus. Also, smart contract that provides parties with the opportunities to carry out safe transactions on the internet without any third parties such as the bank. One benefit of the proof of stake algorithm is that it eliminates the risk of energy consuming proof of work protocol. This is way better than the proof of work algorithm where computers need to consume extra energy to process transactions and this will help to improve the capacity of the Zeus platform. Zeus includes a stake that represents the relative value that is held by addresses on the node just like other proof of work algorithms thereby guaranteeing the security of the blockchain as stakes are taken at random.

Market Problem
Case 1: Artificial Intelligence

How to identify spoofs?
What actions to take when AIs fails?
How to control AIs when they go rogue?
Slow speed while transacting
Smart contracts programming barrier.
Poor smart contracts security.
Problems in managing and updating blockchains.

Case 2- E-commerce

Trust and reputation: Trust is difficult to build and it is centrally governed by big marketplaces.
Expensive and long payment processes: There are sixteen (16) different steps to settle transactions and up to 15 different fees to pay for payment gateways.
There is an inability to reach the growing ethereum economy: There are totally new different digital class being created and tokens of products on the ethereum platform.

Case 3: Finance /Lending

In the traditional lending way, trust and a good reputation is needed before lending can take place. It takes 2-3 weeks to apply for a loan and the rate of interest varies across the world. For example, interest on lending rates in other countries such as Argentina, Algeria, Bangladesh and the United States are 8%, 31.2%, 9.5% and 4.8%, respectively.
Even if P2P financial firms should conduct a high level of risk analysis through various methods, the possibility of insolvency still exists compared to banks and existing financial companies and there is a lack of stability, and once it fails, the strike goes to the parties. In order to ensure a safe investment, investor’s funds must be invested in a variety of different types of bonds.

Case 4: Crytocurrency

Price Manipulation: Excessive volatility is the biggest issue in the cryptocurrency market. Prices in the cryptocurrency market rise and fall in a short period of time.
Activities of Cybercriminals: Right from it's inception, cryptocurrency market has been beset by Cybercriminals and hackers. There has been numbers of hacks and heists that has resulted into millions of dollars being stolen.
The lack of Uniformity: Am important part of commodity trading is price charting. It is necessary to develop a price chart in order to carry out investment and tracking strategies.
Transaction Delays: Cryptocurrency market has series of delays from opening a trading account to verifying identities and being able to make deposits and withdrawals.

Features of Zeus Solution
AI/ Data

Accuracy: Zeus keeps accurate records including authentication and execution and Artificial Intelligence helps to assess this information and make important decisions by understanding the nature of data patterns in order to facilitate autonomous interaction.
Open Market for Data: With the incorporation of Zeus P2P platform, the concept of peer-to-peer connection will be introduced and data will become accessible to everyone on the network and the era of free data will be welcomed.
Security: The independent nature of machines requires a high level of security in order to prevent a fatal occurrence and this is what is provided with the Zeus P2P platform.
Large-Scale Data Management Mechanism: With the huge amount of data stored in a decentralized system, Zeus platform will not be affected by the crisis and natural disasters as data will not be stored in a single location.
Trust: In order to promote machine-to-machine communication, a level of trust has to be reached and in order to also execute major operations on the blockchain network, trust is also required and this is what is provided with the Zeus P2P platform.
Data Sharing: Zeus database decentralization emphasizes the relevance of data sharing between various clients on a particular network.

FINANCE/ LENDING
The decentralization platform solves the problem of existing P2P financials and create a transparent and healthy investment environment based on artificial intelligence smart contract.

E-COMMERCE
Business model: Zeus will only have one free or 0.01% (which is the World’s lowest transaction fee) for (Apply a single fee). Applying all existing Cryptocurrency bill payment systems (Altcoin Wallet).

AI ZEUS TOKEN DETAILS
AZS is the native token that will be used to power the Zeus ecosystem. Its is an ERC-20 standard token based on the Ethereum blockchian and will be used for all transactions in the Zeus platform.
Token name: Zeus coin
Token Ticker: AZS
Total Token Supply: 1,000,000,000
Token price:1 ETH = 5000 AZS
Soft cap: 5,000,000 dollars
Hard cap: 30,000,000 dollars

Meet The Team