This technology was found in Harvard University in 2014; Nucleus vision is primarily an IoT and a blockchain based technology with a contactless identification system with the use of nCash cryptocurrency as a mode of payment for transactions across a retail ecosystem. It is a technology solution (end-to-end) that allows the provision and capturing of data that are previously un-accessed to retailers in this ecosystem and other businesses such as ‘brick and mortar businesses’ through its known proprietary blockchain and in-built real time sensor technology.

Currently, Nucleus has about 19 ‘ION Sensors’ which has been known to be deployed into 10 functioning retail establishments which supports an indispensable data network for certain unique visitor Identities and corresponding user data. It is important to know that the proprietary IoT sensor technology does not necessarily depend on Wi-Fi Bluetooth, RFID or even certain biometric patterns such as facial recognition technologies to begin operation.

The sole purpose of the invention of this technology i.e. Nucleus Vision, is to bridge the gap between the online and offline retail world in which they act as intermediaries between the two (2) economic phase. The venture of the establishment is solely backed up by several world-known investors such as Tim Draper, Reliance Capital etc. One important thing to know about this establishment is that Telecommunications is very vital for the functioning of this technology, therefore, Reliance Communications, Vodafone, Idea Cellular are brought to the platform as partners.

As earlier explained, the main focus of this establishment is towards the retail sector, hence the Nucleus platform has variety of applications in various markets. The under-listed are considered to be areas where its application can be effective for an appreciation in value. They are sub-divided into phases (three) namely;

How the Nucleus works

The key parties in the Nucleus ecosystem; Phase 1 can be categorized as follows:

Brick and Mortar retailers

Shopping Customers

Various other merchants in possession of customer data, such as banks, telecommunications, online portals etc.

A new technology has been built as a solution for brick-and-mortar retailers which enables collection of a real-time data from their numerous customers and provide necessary offers based on information from the data. The platform uses a blockchain and sensory technology and intelligent analytics which is being created to generate human loyalty. A possible personal relationship of customer’s experience is being created for the provision of greater customer satisfaction.

The sensor technology is very different and unique which offers a seamless coverage to all walk-in customer in which customer data collected are being retained on the blockchain. This technology makes sure personalized offers and promotions are made in real-time which guarantees a 75% service for shoppers which would make sure in-store products are being bought.

Technology Overview

Nucleus is composed of various technology layers in which altogether, it powers the next generation platform. It is a function of 4 major components namely; ION, ORBIT, NEURON & nCASH.

ION Sensor: The network can easily and uniquely identify sounds, temperature, pressure, motion, acceleration within the vicinity of the sensor. This ION sensor helps retailers to capture new data on brick-and-mortar customers.

Orbit Blockchain This is mainly the foundation of all customer identities, data and nCash tokens which flow meticulously between involved parties.

Neuron Layer: This is the intelligence unit which forms state-of-the art analytics that balances the strength of deep learning, blockchain and IoT.

nCash Token: This is decentralized cryptocurrency of the Nucleus ecosystem which is used for various transactions.

The nCash Token

The nCash Token is the credited cryptocurrency which allows transactions to be made possible across the Nucleus ecosystem. There is variety in the nature of transactions, especially from reward points and then to pure play currency as information is exchanged between players on the platform. NCash is known to be a non-mineable cryptocurrency with a supply cap of about 10 billion tokens that is mainly based on the Ethereum blockchain. The role of nCash Tokens in the ecosystem include; 1. Data exchange (to both retailers and customers) and 2. Loyalty and rewards programs.

There is a private pre-sale that will be available only to accredited investors (1000 ETH min). Sale expected in Q1, 2018

Ticker : NCASH

Token type : ERC20

Fundraising Goal : 57,600,000 USD (125,000 ETH)

Total Tokens : 10,000,000,000

Components of Nucleus Solution

The following are important component of Nucleus’s solution;

A unique user ID ecosystem which is powered by a proprietary IoT sensor technology that immediately identifies any customer that walks into any offline retail store.

A more secure and private blockchain-based user data storage mechanism which ensures a great level of security.

An AI-powered intelligence engine which helps in creating a relatively known “value-score” for every customer in correspondence with the retailer. This can be done by mapping out the shopping history and preferences of such identified customer and also providing relevant and bonus deals to the customer.

Data exchange mechanism between retailers, brands and customers.

A universally acceptable currency i.e. cryptocurrency; nCash which can be used across every Nucleus’s partner stores.

Benefits of this Platform to Both Retailers & Customers

Retailers

1. Customers are being rewarded by stores by sending them few nCash tokens for walking in to the store.

2. Customers are provided with personalized in-store recommendations and promotions by retailers

3. Store offers a type of discounts or coupons in form of nCash Tokens which are often sent into the customer’s wallet.

4. Customers are also rewarded with loyalty points in form of nCash Tokens due to frequency of their visits.

Customers

1. An enhanced customer experience has an effect of adding more people to the circle i.e. visit to the Nucleus-powered retail stores

2. More users are encouraged to join the platform as a result of the personalized recommendations (real-time) and discounts.

3. There is assurance of safety data keep while personal information is being exchanged between two parties.

The Nucleus Vision Team and Partners

Nucleus platform started about four years ago, and ever since then they have been putting so much hard work in generating a 10X improvement which suits customer’s taste and journey at retail store. The crew is an interdisciplinary one with dedicated professionals who are involved in transforming and reshaping retail shopping experiences with use of IoT imbibed with the necessary skills and knowledge necessary for full accomplishment of vision.

Currently, Nucleus has over 40 professionals working at optimum capacity with working experiences in areas such as in telecommunications, engineering, development, research, trading, product design, IoT architecture, data analytics and retail. These professionals are so much dedicated into bringing up sensitive and innovative solutions for tackling problems now and in the future to come which will be in favor of Nucleus’s products and services and the economy in general.

For more information:

Website : https://nucleus.vision/

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

Telegram : https://t.me/NucleusVision

Twitter : https://twitter.com/NucleusVision

Facebook : https://www.facebook.com/NucleusVision-1626428670765385/

BCT profile URL: https://bitcointalk.org/index.php?action=profile;u=1203598