The Future Of Online Shopping Is Safe With This Blockchain Platform!

The Future Of Online Shopping Is Safe With This Blockchain Platform!

Startups
August 29, 2019 Editor's Desk
271
It is not easy to find a platform where shoppers are given full control of their personal information and one that helps retailers target customers more effectively. But now by using the Shopin app, each shopper can create their own profile, set their shopping preferences, and decide who gets to see their purchase history. Customer
Shopin Blockchain

It is not easy to find a platform where shoppers are given full control of their personal information and one that helps retailers target customers more effectively.

But now by using the Shopin app, each shopper can create their own profile, set their shopping preferences, and decide who gets to see their purchase history. Customer information stored on the Shopin blockchain is shared with authorized retailers, who then deliver AI-powered product recommendation.

Even retailers win by getting to know their customers better. Shoppers win by receiving highly relevant product suggestions, along with incentives and rewards.

The making of Shopin or the story of how it originated is surely an interesting one. The original idea arose as a result of common frustrations that they were sure many of us feel when we hear about our information being stolen, or how people are constantly harassed by irrelevant ads and spam calls.

Do we know what is being done with our data? Why can’t we control this in any way? Why are we not getting any value from this despite all the technological approaches that are out there these days? And if we do control our data, how is it made valuable?

These questions needed definite answers and the deeper the team dove into this spirit of inquiry, the clearer the need for a concept like Shopin became. 

Eventually, a need and shape of a solution emerged which became the concept of Shopin.

Using next-gen A.I. and blockchain technology, Shopin enables retailers to better understand and serve their customers.

It aims to unite retailers and their customers through personalized data intelligence for an unprecedented shopping experience. They are creating a more sustainable retail economy where retailers become stronger by working together and shoppers get rewarded based on the value of their data that they fully own, control, and can share.

They wish to revitalize the retail industry with a new economy of data to increase transactional conversions. They want to help retailers get a greater understanding of customers based on a full view of their purchase history, style, preference, and pricing.

They also wish to give back to the Ethereum community for continued and sustainable growth.

Shopin is reinvigorating the retail economy by streamlining the entire shopping experience. 

By deploying blockchain technology to store value, purchase, and profile data, they are scaling to facilitate a million transactions per second. This in turn empowers retailers on the open web to provide a decentralized Amazon-like experience with recommendations powered by A.I.

Also by using the blockchain to store value and data in a decentralized fashion, the shopper is in control of their data.

Eran Eyal the founder and co-CEO of Shopin is focused on revolutionizing the customer shopping experience by putting individuals in control of their own data.

Eyal is an investor, advisor, and award-winning entrepreneur with over 20 years of experience in the crowdsourcing, e-commerce and retail markets. 

He and his endeavours have earned a number of achievements, including the United Nations World Summit Award for Innovation. Shopin also won best ICO at the North American Bitcoin Conference (where Ethereum launched and won) and CoinAgenda. Previously, Eyal has founded companies like iDea, evly.com, and Springleap.

At Shopin, Eran Eyal and his team look forward towards using next-gen artificial intelligence and blockchain technology.  Team Shopin had always wanted to use customer purchase data to personalize their shopping experience, all while keeping that data securely encrypted on the blockchain, out of the hands of hackers. 

With Shopin, retailers and brands improve sales conversions while customers receive better shopping recommendations and maintain full control of their own data.

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