In the crypto world, I have always tried to understand how a token adds value to an end user and how crypto tokens will help real-life solutions. I do understand that there is a lot of potential with blockchain, but it is hard to explain this new framework and technology to a layman.
I came across Nucleus Vision, and I was intrigued by Nucleus Vision’s goal. In simple words, the purpose of Nucleus Vision is to provide its participants with smart analytics to help retailers offer personal attention to customers. This is a win-win situation for retailer and customer because retailer utilizes Nucleus vision to integrate information (data) to enhance customer experience at his store.
Imagine when a customer enters a retail outlet, and the customer gets a personal attention because the retailer knows the requirements of a customer. The first question that comes to mind is security and privacy. All this is done by respecting security and confidentiality, and Nucleus Vision does not access WiFi, Bluetooth, or facial recognition to identify its customers. It is all done by proprietary IoT sensor technology. By building a secure blockchain based information network for IDs captured, Nucleus Vision aims to protect consumers privacy, while mining intelligence using neural models.
Positive Things: I believe this will be the next revolution where physical stores will be able to provide customer service at next level. It brings retail stores (brick and mortar) back in competition with online stores. Retail stores will have access to untapped data that was never available to retailers. This data will be a game changer for all retailers. It is also backed by venture capitalist Tim Draper and Reliance Capital
It is backed by a solid team in San Francisco and India. They have around 40 employees, and you can look at the LinkedIn profile of brilliant people working at Nucleus Vision at
https://www.linkedin.com/company/nucleusvision/. Advisory board is also very knowledgeable in the retail space that gives this team solid support.
This technology is already being used at some of the retail stores in India. For me, this is very important because this product is getting real-time feedback from the end customer. They do not rely on some surveys and opinions they have real data.
Negative/Competition: Online Stores like Amazon and Alibaba have access to some of this data which has been a competitive advantage they already have because they have been tracking previous purchases and other data points to reward the customers. I am not that concerned with this position that online stores currently have.
Overall: Lot of potential because physical stores are not going away. I can see other areas ( Agri, Health, Supply Chain ) benefiting with this product.
Published a one-pager and a light business paper. Both have excellent detail on product (One-Pager:
https://nucleus.vision/onepager.pdf?v=1.6.8Light Paper:
https://nucleus.vision/light-paper.pdf?v=1.6.8Link to Official website :
https://nucleus.vision/More Details on Bitcoin Talk :
https://bitcointalk.org/index.php?topic=2455575Community and Media: ~24,600 telegram members, ~10,000 Tweeter followers, active and fast community growth, I have seen in the recent past.
With the rising acceptance of Blockchain and IOT technology, this is a perfect match for offline resources to utilize information for better customer service in every field Nucleus Vision enters.
