What is NCash Cryptocurrency? What is Nucleus Vision?

in crypto •  4 years ago 

The idea of NCash or Nucleus Vision was incubated back in 2014 for using the Internet of Thing (IoT) to make the shopping experience of customers a notch higher by making precise decisions on product preferences without using Bluetooth, RFID, or Wi-Fi. Presently, about ten Indian retail stores have adopted this ground-breaking technology-agnostic system which is gaining rapid recognition in the crypto sector.

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An initial investor of the Nucleus Vision project, Tim Draper who is also associated with other hotshot companies such as Hotmail and Skype plans to transform the technology industry backed by the Nucleus Vision project.

The blockchain-based retail industry has been targeted by a bevy of crypto projects ranging from Litecoin (LTC) to lesser-known coins such as Request Network (REQ) and UTRUST (UTK) for bringing upon e-commerce or brick-and-mortar solutions to retail customers or outlets. With only a fraction of the customers signing into a loyalty program, it is becoming increasingly hard for the retail shops to know about their tastes and preferences for leveraging the data accordingly.

The Nucleus Vision technology is bringing a paradigm change in the mode of interactions of merchants with clients in various physical stores using IoT, the result being faster and quicker financial transactions gateway enriching the modern-day retail experience.

What Problem Nucleus Vision Is Solving?

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When a customer visits the retail outlets, the salesman gets fired up and starts jumping onto the customers. Some of the salespersons start showing their latest range of products even when the customer does not have a need for it. But some do ask the customers about what exactly they are looking for so that they can offer the best product that suits their needs. But what if, the store managers/ salesman gets to know the requirements of the customer, as soon as the customer walks in the store even without asking them? Much savings of time and efforts!! Isn’t it?

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