Revolutionary Approach to Online Shopping Using AI and Blockchain

Mar 20, 2018 at 09:34 // News
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Revolutionary approach to online shopping

The online shopping and second-hand markets are one of the most rapidly growing industries in the world and reached 2.3 trillion U.S. dollars in sales last year. However, with more and more stores emerging, users often find it difficult to track all their credentials and loyalty programs.

Now, a new AI-driven and blockchain-based cognitive commerce platform – Eligma – aims to change the way people discover, purchase, track and resell items online. It is a first of its kind platform that is developed as a unified solution that will not compete with online stores but work in synergy with them.

Eligma has a strong team of developers and founders with a high entrepreneurial experience of over 20 years, and a very strong group of advisors ready to take the online shopping industry to a completely new level.

AI and Blockchain Tech is Here to Change the Way we Shop

Eligma will become a comprehensive solution that will allow consumers to harness AI for discovering items with the best price/quality ratio, add them to their inventory after purchase and even resell them on second-hand markets at the most suitable time with the click of a button. It ensures safety and privacy for all its users.

CEO and founder of Eligma, Dejan Roljič, stated:

“The value of Eligma is in its ability to give people the one thing they can never buy – time. It keeps track of our purchases and gives us a better overview of what we possess. It calculates the value of what we own and predicts when it’s the best time for us to sell. That is how Eligma is turning every household into a business.”

Thanks to the technology of smart contracts on the Ethereum blockchain, users will be able to use the escrow feature and have an approach for safe trading. Moreover, they will be able to shop at numerous online stores and take advantage of a unified loyalty program.

Cryptocurrency Payment Gateway

Furthermore, Eligma is set to implement a cryptocurrency transaction system that will enable its users to pay with cryptocurrencies, even in stores that do not support them yet.

The Eligma team has already developed an EliPay system that allows the purchase of products with cryptocurrencies at offline stores. The system is currently in the closed beta testing phase and in the following month, it will be tested it in BTC City - a shopping area, encompassing more than 10,000 brands, 4,000 business partners, 450 stores and 70+ bars and restaurants, which has more than 21 million visitors yearly - the largest of its kind in Europe.

ELI Token ICO

To accelerate the development of the project even further, Eligma has recently announced the launch of the first public presale of its token ELI. The crowdsale is due to start on March 20, 2018. Early contributors will receive a 15 percent bonus for participating in the ELI token public presale.

To find out more visit the Eligma website: https://www.eligma.io/

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