One of the more pressing concerns in the E-commerce industry is the lack of cyber security that can be trusted, especially in the form of identity theft. Thieves can use the information they get to deceive performing tasks in your name, such as tax filing, purchasing goods on your behalf, and credit applications.
In addition, identity theft victims are usually left unaware of the situation until the next date, when they receive some sort of abnormal event, usually in the form of financial consequences. In order for the market to continue to experience sustainable growth, the level of trust between consumers and businesses should increase, and this begins with security. By 2017, data breaches in Equifax leave personal information from 143 million Americans who are vulnerable to hackers access.
This violation runs from mid-May to July. The hacker accesses the person's name, Social Security number, date of birth, address, and, in some cases, the SIM number. ¹⁴ As a result of data breaches in Equifax, and Target several years ago, elements of skepticism have arisen among consumers regarding the security of their personal information. It is not surprising that violations in online security are detrimental to business credibility.
Hackers will generally target companies in the context of their vulnerabilities, starting with the most vulnerable people, and also businesses with the most likely client base to combat cyber attacks. These attacks eventually result in a decrease in short-term website traffic and revenue until the problem is solved. Thus, we can conclude that the following statement is true:
Elysian is a new private event that is preparing for the launch. There are currently 34 days or more remaining until a new decentralized network focusing around e-commerce is taking off. This platform uses blockchain technology, guaranteed to run smoothly with high security, but is easy enough to use even to move novice users. Anyone who specializes in E-commerce, with blockchain technology would be wise to build ecom websites on blockchain technology.
The reason is the unprecedented safe storage of data when it comes to user experience, and to create trust between business and consumers. To learn more about the platform, visit the company's website at elycoin.io to download whitepapers where all the technical specifications can be viewed in detail.
Elysian is an innovative decentralized new platform that will use Ethereum blockchain to secure customer data, facilitate Ecommerce transactions, and drastically alter the user experience. The integration of smart contracts and blockchain technology will ultimately provide a higher level of security in the field of E-commerce.
Platform interoperability will serve as the basis for future scalability and sustainable growth. Extensive analysis into competing businesses shows an unprecedented lack of user experience. The current status quo is not sustainable as technological advances become more common.
The Proof of-Authority consensus will provide the Elysian ecosystem with private blockchain to store encrypted credit card information and other user data securely over a distributed network. All user data will be encrypted to the private key of each user, then distributed over the private network, not providing one access point or failure for the malicious offender. This level of security will be available to all stores launched on the Elysian platform.
The Elysian ecosystem will serve as a gateway to a more efficient future, backed by blockchain. Continuing sustainable growth can only be achieved if the current status quo increases. Current industry standards for security and user experience will slowly become obsolete. This process has already started. Consumers and businesses will adapt to technological advancements to the point where the ancient technology that currently allows the industry to grow practically will become extinct.
Elysian will improve the security and efficiency of E-commerce transactions, starting with the first successful beta test on the Elysian E-commerce platform, using the Elysian online store and its partner companies initially. Integration of blockchain technology and smart contracts will provide higher levels of security and secure data storage to increase trust in business-to-consumer (B2C) relationships.
The development area is intended to advance the commitment and communication between the Elysian group and the network. Elysian has built a model for network development through a set of developments to manage relationships between groups and supporters. The progress of meetings, such as Bitcointalk, is the underlying formation to enhance relational relationships. The discussion is also intended to be used as a method for correspondence for potential associations, future thinking for organizational expansion, and token use.
Elysian comes in the form of a digital currency named ELY. The ELY token will go on sale from June 20, 2018 to July 8, 2018, at a price of 1 ELY equivalent to 0.8 - 0.12 USD. The token purchase itself can be done with foreign digial currency such as ETH. Do not forget, get also purchase bonuses at certain time period.
Elysian itself is the result of teamwork led by Leo Ameri, Elysian strives to provide their best abilities in this project. In addition, the team also strives to provide the best benefits and services, to anyone interested in joining the project.
Elysian has been designed and created by a team of highly experienced technology experts. Team members bring together expertise that gives them an in-depth understanding of the challenges many crypto companies face including legal, regulatory and compliance issues.
So that's all for review our ICO project for this time, hopefully can increase your knowledge in choosing the best project ICO to you invest. If you are interested in joining this project, or intend to buy a token in the sale. You can visit their official website and page below:
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