(Review ICO) Nucleus Vision - The Future of IoT and Retail

IoT, or Internet of Things, is a worldwide-recognized trend that is gaining popularity incredibly fast. According to Gartner Global Market Survey, more than 10 billion devices, including phones, computers, sensors, and software, will be managed and connected in the IOT ecosystem in 2018. All leading technology companies are joining in the game, finding solutions for IOT applications that improve customer experience. Nucleus vision is one of the few projects that build ecosystems in the consumer space with the application of blockchain, IoT and big data.

                                          Nucleus Vision project technology

1. PROJECT OBJECTIVES

Founded in 2014 at Harvard University, Nucleus Vision is an end-to-end technology solution that captures and provides previously unaccessed data to retailers and other ‘brick and mortar’ businesses through blockchain and real time sensor technology. Our proprietary IoT sensor technology doesn’t depend on any RFID, WiFi, Bluetooth, or even facial recognition technologies to identify any customer within it’s vicinity. 

By building a secure blockchain based information network for IDs captured, Nucleus Vision aims to protect consumers privacy, while mining intelligence using neural models, and integrating its nCash tokens, to create the largest global loyalty rewards network. 

At its core, Nucleus Vision is an IoT-enabled customer identification ecosystem. Nucleus Vision's scalable technology has a 12 layer stack that effectively integrates with the technologies and systems of top technology providers such as Intel, Radysis, ODMs and geo-specific telecom carriers:

• Application Reward Layer: Retailers use this layer to activate the Universal Utility Program and transfer tokens to customers via the nCash wallet.                                
• Software Development Kit Layer: This layer empowers retailers to connect with the data  exchange enabled by Nucleus.                              
• Intelligence Neural Layer: This layer is the brain  of Nucleus, which develops data models based on deep learning principles  and continuously evolves with every interaction.                              
• Crypto Network Layer: This layer enables  network participants to come together for information exchange and nCash  transfer between network participants and customers.                    
• SIM Data Infra Layer: This layer integrates  with the retailer’s sales, inventory and CRM systems to create a unified  view of every individual customer.                                    
• Telecom Consent Layer: This layer connects  customer authentication with telecom systems and establishes full  transparency for the customer data exchange between the two. 
• Telecom Integration Layer: This layer enables ION to transmit on licensed frequencies, which are allocated by the telecom partners.
• Sensor Application Layer: The sensor application  layer is a fully customized wrap around on top of the communication  protocol packages provided by Industry giants Intel and Radisys.
• Sensor Communication Protocol Layer: The functionality of  this layer is split in two modules; one is focused on the access side  sensor and user equipment communication and the other is focused on  sensor and backend connectivity.                                 
• Sensor Custom Board Support Package LayerION Sensor is a  customized hardware based on the generic board support package coming  from Intel. This is highly flexible and can be readily integrated with  any network type; 2G, 3G, 4G.                               
• Sensor/Chip Firmware LayerThis layer is the interface between the sensor hardware and the sensor software application.    

Using Nucleus Vision's smart-sensor technology, retailers can now identify and interact directly with customers as they enter the store. International retail brands, such as Giny & Jony in India, are already using Nucleus Vision to deliver personalized offers to customers on their mobile phones. The ION Network’s sensors are developed according to telco standards, to ensure the Nucleus Vision platform remains plug-and-play and follows data and privacy requirements of the global telecom industry. Over the past two years, Nucleus Vision has worked with both national and international regulatory authorities to implement applicable regulatory and privacy frameworks into our technology.  

2. ICO Info:

• Token name: NCASH 
• Paymen method: Ethereum
• Type: ERC20   
• Time: Q1/2018
• Target: 40.000.000$
• ICO Presale: 30.000.000$
• Token for sale: 10.000.000.000
• Price in ICO: 1 NCASH = 0.01 USD

3.  Team Founder

The current development team consists of 40 people includes 10 Blockchain Developers, 5 Data Scientists, 1 IoT Platform Architect, 4 Marketing Experts, 9 Engineers, 11 Operations

• Project founder - Abhishek Pitti left the Harvard Business School to set up Nucleus Vision. He is an Indian origin, co-founder of Lorvensoft Tech in India what worth half a million dollars, before attending an MBA at Harvard Business School. He also has a lot of experience on startup companies.
• CTO - Avinash Pitti is the project's technology director with high experience on working in many big companies such as Banks of America, BP, Siemes and Philips.

In addition to the project developers, we can see the team of investors behind the project is quite vicious, the billionaire Tim Draper, Reliance Capital and Singularity Venture Capital. The consultants team include top experts in blockchain technology, telecommunications and investment.

4. Light paper (White paper coming soon)

 PDF form: https://nucleus.vision/light-paper.pdf

5. Project Evaluation - In my opinion:

Strengths of the project:

• Currently, the product has been tested in 10 retail stores, which proves the feasibility of the project, assuming risk for investors.
• The development team consists of more than 40 people including many experts, scientists involved in the blockchain field, IoT that represents it's a good project, calling the capital to develop products.
• The consultants team along with the support of many investor and billionaires, proved to be a feasible part of the project.
• The project targets potential markets, with billions of dollars in value each year, so there are many opportunities for growth.
• Currently the project has cooperated with many partners such as Vodafone, Reliance Communications, Ideal, Radisys, Intel, Alpha Networks, Wawenet.
• Innovative technology and has many patents, the call volume of capital is not too much - only about 40 million dollars.

Weakness of the project:

• At present, there are many large companies and groups focusing on blockchain and IoT. Therefore, the level of competition will be higher in the future.
• The increasingly fast of e-commerce will put pressure on traditional retailers - they are project's main customers.
• Much of the information I can not be able to verify because the project has not released the whitepaper.

You can search for more information at:

Website: https://nucleus.vision/

BitcoinTalk: https://bitcointalk.org/index.php?topic=2455575

Telegram: https://t.me/NucleusVision

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