How Ecommerce Can Benefit From Data Sharing And Big Data

Whether it's personal data, transactional data, sensor data or web data, the importance of big data in today's society cannot be underestimated. By analysing huge collections of data, it has become possible to come up with better and more quality information to help with studies and research, in fact companies that have used it well have seen a jump in their revenues thanks to ads and personalization features.

The use of data collection has also played its part to help find cures for some diseases. Unfortunately, potential for manipulation, data in discrepancies and increasing security issues have led to severe loop holes within the data sharing industry. People need to trust that their data will be kept safe used for all the right purposes which is make their life better whereas data firms need to trust that all the data they receive is legitimate and trustworthy. This is where Zeus comes in. By improving on the efficiency of Artificial Intelligence and building upon the transparency of blockchain technology, Zeus hopes to provide enterprises with accurate and reliable data that can be used to come up with customized applications, proper resource allocation strategies while facilitating autonomous interaction. It doesn't just stop there, you'll notice that Zeus method of ensuring high quality data sharing will trickle down to other industries far and beyond. For example, one industry that will benefit from Zeus is the Ecommerce industry.

Benefit (1) - Better buyer analysis. You might think the inability to touch and feel the product physically is the biggest reason why online shopping isn't as big as brick and mortar, but I’d like to tell you now. You might be right, but it's not just that high processing fees also in part add to this frustration, in an effort to please customers, most retailers need to squeeze their profits and squeeze their suppliers to remain competitive, all this just because they must part with a percentage of every sale to the payment processor. Zeus has the lowest global transaction fees amounting to a measly $0. 001 to $0. 005, this is thanks in part to the lack of intermediaries. Also because every one of the platform user is in complete control of their own data, they will be more open and trusting to the platform leading to the increase of free data, this free data is invaluable for ecommerce enterprises because all the data is accurate, therefore it allows them to create customized and reliable ads that have high engagement and conversion rates, Zeus estimates these ads will have as much as 99% success rates.

Benefit (2) - Smart Contracts. One other way Zeus will benefit the ecommerce industry is through its smart contract technology, if you're an ecommerce enterprise and you're looking to build a full-bodied platform that has suppliers, retailers and consumers, you'll need to set up some sort of implementation system. Thanks to Zeus' PoS system, the smart contracts assign each party with the roles they would need to play and lays out the obligations and rights each of them has.The transfer of funds will be granted based on contract compliance. This is especially helpful for suppliers and retailers.

Benefit (3) - Buyer satisfaction Everybody loves good customer service, by building your application on Zeus, the big data capabilities will allow our business to much easily track all your buyer and user experiences so that you can more accurately predict what the customers are looking for, solve any concerns they may have and even discover potential issues and all this can be achieved without ever getting contacted by the said buyer.

Benefit (4) - Seamless transactionsI mentioned the super low transaction fees and the uniquely modified smart contracts Zeus has in its arsenal, what i didn't mention is the way their big data and AI functionalities impact payments. Thanks to Big Data and predictive monitoring, Zeus can help users within its platform accurately find and curb any form of illegitimate activities e. g. laundering in real time. Tracking payments also helps merchants or enterprises better understand user behaviour.

Conclusion. Data is described as modern oil, in almost all cases whoever has the most of it will have the advantage. But even with tonnes of data, if the data isn't accurate it isn't as useful, Zeus wants to bring as much accuracy into the big data and data sharing industry as possible and whichever way it goes, it's awesome. Zeus' Token Sale and Distribution plan. Zeus launched its token sale on 17th September 2018 and will keep it going until 30th November 2018 when the soft cap target of $5,000,000 USD is attained (if the fire is still burning the company might decide to keep the sale open until the hard cap target of $30,000,000 is reached. ) The price for one AZS is about $0. 06 USD, just letting you know so that if you want to get in you can get in now. The funds collected during the token sale will be used as follows: 42% of the funds will go into design, development and deployment of the Zeus platform, 32% will be channelled into marketing efforts to try get the Zeus brand to the masses, 12% of the funds collected will be placed into the reserve program. The remaining 14% left inside the funds pool will be split into three important functions, 3% will be given to the Zeus team, 5% will be given up allowing for a major exchange listing whereas the last 6% will be given up for legal purposes, after all got to ensure nobody is stepping on someone else's toes right.

In conclusion. Zeus has a few sweet releases coming your way, for example, the company's better version of LendingClub (a P2P lending platform) will be released in this time.