How will EiraCube use the Blockchain?

EiraCube is the world’s first robot –powered, pop-up store that bridges the gap between traditional shopping and online shopping. Many global brands are interested in joining EiraCube. Our vending machines showcase your innovative products in prime locations across the globe like airports, malls, city parks and busy streets. It targets large numbers of consumers globally providing a real-life connection between e-commerce and consumers.

The retailer needs to rent a shelf, to display their products. The retailers don’t need to invest large amounts of money in advertising your products across social media. The robot-powered pop-up store attracts potential customers from all over the globe who can directly buy your products. It makes use of the latest technology like interactive audio-visual models to appeal to the customers.

EiraCube does not charge you a hefty amount to collaborate. It only charges a minor amount on every product sold. The flat rate for advertising is the most economical at just 5000 BRETAll tokens per week. The vending machines provide the customers have an option to pay instantly using their credit or debit cards. When the customers swipe their card to purchase your product from the vendors, the funds are immediately transferred to the retailer's account. Apart from getting closer to consumers and instant transfer of money, EiraCube promises to deliver your business growth in a stipulated period of just 2-3 months only.

Apart from the funds transferred instantly, the retailers can get full details about the customers; their age, gender, profession, and the information about where there is the highest sale of the products. The detailed consumer report can help the business to analyze and design business strategies accordingly. The unique automatic vending machine makes use of 3D computer vision powered camera to collect consumers data based on sex and age.

For safe transactions, EiraCube uses the Blockchain cryptocurrency exchange. This ensures highly secure digital currency exchange. Many people don’t understand the mechanism of this kind of transactions, and hence they are hesitant to use this new innovative transaction method.

This cryptocurrency exchange transaction technology was born with Bitcoin. It is the safest and secured network channel to carry on a digital transaction. It makes use of Peer to Peer network. Each participant of this nodes chain needs to confirm the transaction. Any tampering in the transaction will require the nodes unique hash code on every node which makes it quite secure. Any alteration on one node of the Peer to Peer network will make the transaction invalid. There are various rewarded volunteers who keep track of all transactions on the blockchain.

Every blockchain transaction has two key securities- first the primary key which is a unique identification code of the sender that is scanned verified by the technology. The second key to security is the public key security which is verified by the blockchain network technical volunteers who keep track of all transactions. It also checks the sender’s previous transactions to ensure that there are enough tokens in their wallet to process the new amount successfully.

It uses a highly secured cryptographic hash function to ensure secure transactions. It takes a lot of time to tamper this hash function ensuring smooth and secure transactions.

This relatively new technology keeps the records of all transactions and does not permit anyone to delete that recorded data. All transaction can be tracked once the customer has cashed out cryptocurrency.

Blockchains are a decentralized system, and this makes it highly reliable, unlike a centralized system which can lead to hacking of the centralized node leading to the failure of the entire system. It makes use of a distributed system where there are more than one centralized nodes which record the transactions. They are not always open to the entire public. EiraCube uses half- public and half- private blockchain cryptocurrency which has limited access.

Blockchains are a new technology in the field of digital currency transactions. EiraCube uses highly secured technology which ensures a strong Peer to Peer network that uses cryptocurrency hash, public and private key, and a distributive system to provide security for sensitive data and strives to use the most efficient technology for cryptocurrency transactions.

For more information about EiraCube please visit their Website.