nCashis a contactless identification system. It is designed to assist retailers in interacting with to help their clients better. With its blockchain technology and real-time sensor technology, Nucleus Vision allows brick-and-mortar retailers to recognize customers when they walk through their doors.
After a successful token launch in January of 2018, Nucleus Vision’s currency of choice, the nCash token (NCASH), is now one of the most popular digital currencies according to market capitalization. If you’re considering buying nCash tokens, check out this article to discover what you need to know about it and what aspects to consider before buying.
What is nCash?
The idea behind NCash (also known as NucleusVision) was conceived back in 2014 to use the Internet of Thing (IoT) to elevate the customer experience to the next level by making accurate decisions about the products they want to purchase with no need for Bluetooth RFID, wifi, or Bluetooth. At present, more than 10 Indian shops have embraced this revolutionary technology-agnostic approach that is rapidly gaining recognition in the crypto industry.
The first investor in the Nucleus Vision project Tim Draper, is also connected to other hotshot businesses like Hotmail and Skype plans to revolutionize the tech industry, backed by the Nucleus Vision initiative.
With just a tiny percentage of consumers signing up to loyalty programs increasing, it’s difficult for retail stores to determine their needs and preferences to leverage the information accordingly.
Its Nucleus Vision Technology is creating a revolution in the way merchants interact with customers in different physical stores by using IoT, resulting in faster and more rapid financial transactions gateways that enhance today’s retail experience.
How Does Nucleus Vision Work?
Nucleus Visions Technical Papers:
Nucleus Vision comprises three parts which are described below. Three components work to share offline consumer data to an ecosystem of users and partners. To fully comprehend the way Nucleus Vision operates, it is essential to study the three components in isolation.
The ION Sensor
A piece of proprietary hardware, The ION Sensor is capable of capturing information like temperature and pressure, motion acceleration, and sound. When installed, the sensor is an integral part of the ION network, which is utilized to cover the floor in retail spaces.
The sensor was developed over three years. The ION sensor was designed to make it easier to gain access. The most exciting thing is that it doesn’t need Bluetooth or RFID wifi, NFC, or any other hardware to identify customers by the ION network. Customers will be spotted on the network using a cellphone, and any phone can work.
Every ION Sensor unit will cover 200m of floor space. This is perfect for small-sized firms. But, the sensors can be integrated into an ION network and cover even larger areas by adding more units. The ION Sensors will process 32 IDs in 612 microseconds. However, they can also be connected to form a network for a larger area for foot traffic.
nCash and The Orbit Blockchain
The Orbit platform is Nucleus Vision’s digital platform, where customer identities, customer information, and the nCash tokens travel. Orbit utilizes the capabilities of blockchain technology to transfer assets between the networks safely and transparently.
Orbit is the Orbit blockchain made up of ERC20 intelligent contracts based on Ethereum. EthereumBlockchain. The white paper acknowledges that there are concerns with Ethereum’s bandwidth, saying Nucleus Vision can change to a different intelligent contract blockchain should it be needed.
The consumer can be enticed to share their personal information or previously collected data inside their ION Network. nCash is utilized to transfer customers’ data between retailers with consent, like data transfer between retailers and customers.
Neuron Intelligence Platform
Nucleus Vision’s other component is called its Neuron Intelligence Platform. It is a combination of front-end interfaces and an analytics engine. If an ION sensor gathers data and Orbit is how data is moved, then Nucleus Vision’s Neuron Intelligence Platform will be the one that thinks about the data.
The Neuron Platform uses shared data from its deep-learning algorithms to identify more lucrative opportunities in customer patterns. Additionally, based upon the readily available aggregated data, Neuron Platform implements a customer score to measure the profile of customers and the possible shopping habits they may have.
Why is Nucleus Vision Worth it?
Based on the Nucleus Vision analysis and analysis of the Nucleus Vision analysis and evaluation, the current market rank for NCASH is #888. Moreover, the market cap of the coin stands at $20,832,363.05. In comparison, the Bitcoin market cap is as high as $1,003,815,839,346.20 USD! Based on analysis, the total circulation amount of Nucleus Vision is 7,209 317 639 NCASH coins, whereas Bitcoin has 18.890.443 BTC coins.
Where Can You Buy and Store nCash
Top 3 nCash Exchanges:
About 95% of the total nCash trading activity is conducted on Binance and the most well-known exchange being BTC/NCASH. The remaining 5 percent of total trading activity in nCash, is mainly divided by Huobi and Koinex. The three leading nCash exchanges have storage available on the exchange.
Best nCash Wallets:
Since it is an ERC20 token, nCash benefits from compatibility with Ether wallets, which also accept ERC20 tokens, two names are reliable and effective for ETH and ERC20 token-based wallets. MyEtherWallet is an open-source, online ERC20 token and ETH wallet that lets anyone create a wallet that can be used for offline and online wallets. Metamask is an application that serves as a link between the Ethereum network and the browser, which gives you users an ETH and ERC20 tokens wallet that allows you to create multiple wallets.
Nucleus Vision wrangles together a hardware and software system focused on collecting previously unavailable information. Before expanding to other retail and home security industries, they plan to expand the ION sensor from 10 units to hundreds of thousands.
If it is successful, the Nucleus vision will create an economy of consumers’ information parallel to that of the online industry.