Terato is introducing blockchain marketplace powered by AI and Big Data to Buy/Sell products and services. We are offering personalized data intelligence to provide unrivalled shopping experience to our customers. Terato will amalgamate all the retailers and their customers, in a creative Blockchain marketplace and generate more sustainable retail economy where retailers get more opportunities to earn a profit and shoppers get rewarded based on the overall worth of data which they own and control.
Artificial Intelligence
Here in Terato Blockchain marketplace basic technologies we are using machine learning and AI. Moreover, this marketplace is based on a range of algorithms. Some of them are mentioned below:
Product matches Algorithm
Terato is using machine learning technology for product recommendation along with its matching algorithm that rely on large extents of data. These are two essential stages of the algorithm:
- In this algorithm process data is collected from various data sources (user inputs, user knowledge, product popularity, etc.) that will suggest best-match products to users by considering their interests.
- Moreover, this algorithm will help user to find out the best alternatives related to the selected item. Its purpose is to suggest customers about price-to-quality ratio. This algorithm is meant to read the blueprint of the product based on that it will give suggestions to users of related product present in our database.
Value-prediction algorithm
Terato marketplace is also using a Value prediction algorithm. We are developing two main areas of this value added predictive model:
- Current product value estimation
Terato is using value prediction algorithm that assists in correct estimation of product price. It requires machine learning methods that’s sophisticated, gradient boosting, random forests, deep NNs, etc.
- Future product value prediction
This predictive model actually focuses on the price of products in this course of time. This model is actually based on different types of machine learning methods. Terato marketplace will approach the problem in regard of time series prediction and then it will evaluate different methods and distance functions that’s suitable for the current task. We have started with ensembles of predictive clustering trees for time series prediction (coupled with quantitative distances, dynamic time warping distance, and cosine similarity). We will also use other standard methods used for time series prediction (forecasting).
Blockchain-protected data
Here in Terato marketplace, we are using Blockchain technology that’s meant to protect the data by storing it on the sidechain. We are also using an Ethereum main chain for data protection. Moreover, Terato is offering solutions based on main chain. It means if the data will be stored by using the main chain, then it will become more affordable to transfer the entire side chain into the main chain.
Terato marketplace is using Blockchain in its different form of solutions and it’s introduced with the Digital Item Profiles (DIPs). These digital containers can actually store several records and references along with digital documents and information on an item’s purchase. It will be used as a Proof of Purchase and contain information related to the original item and description, resales and other events collected and tracked.
- Decentralized sale on the blockchain:
Terato is developing a system that protects the transaction and maintain secrecy between two parties. We are using smart contracts as an intermediary between the buyer and seller. Actually, smart contract will withhold the payments until both parties will set a mutual agreement and finalize terms related to the product.
- Decentralized loyalty:
Terato Marketplace is setting up the loyalty infrastructure, but in a decentralized manner. Terato marketplace will enable users to join the loyalty (rewarder or recipient) with us as a loyalty value holder.
AI Driven Automated Catalogs
Terato blockchain marketplace is introducing AI-powered catalog management tool with automatic and precise classification. These catalogs permit customers to enjoy improved product discovery.
- The power of Artificial Intelligence
Terato Global LLC is introducing most advanced AI-powered image recognition system. It's meant to automatically recognize and categorizes product catalogs with features like color, sleeve type, pattern, length and category. It’s an automated product tagging tool that extract product attributes of the images at a fraction of time and cost. Terato blockchain marketplace empowers disruptive technologies with superior data to unite all the product information across different channels. This technique will improve the shopping experience and make the merchandising decisions easy for customers.
- Brands and Retailers
Terato blockchain marketplace is meant to help the brands in management, organization and enhancement of their product catalogs with rich metadata. Product Managers can ensure a unified product discovery experience for their shoppers that will increase customer engagement and help in eliminating the bounce rates by using precise product classification generated by Terato's AI algorithms. Merchandising teams can tailor collections and creative theme pages with style, occasion, season and more. By availing teams can make decisions about a variety of planning and forecasting.
Terato‘s Personalized Marketing
Terato is interactive and innovative marketing platform powered by Blockchain and AI. It’s enhancing the vision of Retailers and Merchandisers for effective marketing with commerce driven text, rich graphics, videos and compelling emails. Our smart intelligence create more rooms of purchases by picking right interested buyers to the product specifications. Our intelligent tools are designed for those who want to stay ahead of the curve with impressive marketing strategies. Terato's smart tools are easy to use and monetizes your campaigns, how and where you want, with targeted sale.
- Tailored Web Pages
Power up brands dedicated pages or app by giving an interactive touch with highly interactive graphics and actionable videos, category page, and thematic pages.
- Buy on Livestream
Terato enables innovative way to buy/sell products and services by connecting with each other in real-time with live-streamed interactive videos.
- Targeted ADS
Terato’s conversion intelligence marketing tool enables sellers to target shoppers with interactive commerce driven text, rich graphics, videos ads and compelling emails.
Payment and shopping solutions:
- Digital payment gateway:
Here in Terato marketplace we have developed a decentralized payment gateway that provide an enhanced payment gateway to users and enables them to send or receive payments. This payment support multiple digital currency. We are offering highly encrypted payment gateway that is more secure as compared to traditional payment solutions.
- Terato Blockchain Payment Solution:
Digital currencies are the future of real-world payment that supports encrypted data and enhance the confidentiality of the payment process. Terato Blockchain Payment Solution (T-point App) allows consumers to store specified amount of cash into their digital wallets directly on their phone which they can spend in Terato Blockchain marketplace and healthcare by converting Tera token into T-points.
- Terato Point of Sale
Terato Blockchain Payment Solution (T-point App) is interlinked with marketplace and it allows users to store, convert, spend, hold, accept or transfer the digital currency payments for their small businesses. It empowers users to manage customers and protect their business by implementing actionable analytics. Moreover, the T-point card will be issued to users, it's similar to a bank debit card that will be synchronized with the user’s T-point app account. Consumers can simply use these T-points or Tera token to buy and sell products/services and later on they can recharge their card from the T-point app.
- Terato Peer-2-Peer
Terato Blockchain Payment Solution (T-point App) is completely secure and user-friendly mobile app that initiates P2P payment transfers. It aids people to create digital wallets, that’s the fastest way to store, convert and send T-points to your friends and family members. Moreover, it enables users to shop products or services from Terato Blockchain marketplace by using T-points.
- Terato Payment Data
Retailers or Merchants can buy data by using T-point payment solution that’s meant to see anonymous consumer spending patterns. Moreover, it enables user to make their customized accounts according to their needs. Terato Blockchain Payment Solution (T-point App) is promoting safe and secure payment transfers.
- Other shopping solutions:
Terato Blockchain Marketplace is trying hard to provide our users a state-of-the-art shopping experience. We are therefore working hard to develop other shopping solutions.