MOZO ICO Review

July 19, 2018

MOZO ICO Review

MOZO ICO - Cryptocurrencies receive news coverage on a routine recently, and investment in them is fun, profitable, and gratifying. severally over the last years as interest investors flock to the digital currency market, and analysis has confirmed it that over 100,000 new users register a day. And this can be simply the start.

The place to begin is orientating yourself with the market caps and costs of standard currencies. The cryptocurrency market is extremely speculative, thus staying up to this point with current news is essential. a lot of the market feels like a big gamble initially looks, however, you'll be able to become associate intelligent cryptocurrency capitalist by learning concerning each of the tokens and by a specific project that I'll be presenting to you during this article.

Today, I'll be presenting you associate unbeatable and undisputed project called: MOZO

What is Mozo Platform?

MOZO may be a localized resolution supported blockchain for businesses and retailers, the utilization of this application permits you to extend and manage foot traffic in land-based stores. The project developers area unit operating to draw in partners-it is important to make a base of ground outlets which will participate in the project. Users of the platform are ready to receive a Mozo token reward for visiting such commercialism platforms and buying sure merchandise. Stores can settle for the Mozo token as a payment instrument - the project is innovative and is chop-chop gaining momentum.

About MOZO

Retail business is presently greatly reduced within the sales field. this can be influenced by several factors associated in it in order that the chain of sales within the retail business, particularly those moving with the physical store sales is incredibly laid low with the impact of the movement of e-commerce business. mozo project may be a project that runs within the retail business covering associate e-commerce space wherever mozo project offers solutions for retailers to simply find and market their merchandise at physical stores or online promotions, online promotion offered by magic project is incredibly straightforward however has a control that is incredibly massive for retail entrepreneurs wherever within the promotion of magic comes retail entrepreneurs will simply promote their merchandise or stores to prospective patrons by giving some tokens or tokens to patrons or guests, this concept will sound terribly alien and not possible however with a promotion like this the retail business actor can simply attract customers UN agency area unit visiting the looking space or within the space wherever the promotion is finished.

MOZO may be a leader in Indoor Positioning System (IPS) technology, having winning results with leading Chinese mall operator, Wanda cluster and 361 °, one in every of China's leading athletic wear retailers. Strategic partnerships with business leaders Wanda China, Suntec Singapore, and DCG Korea place Mozo at the forefront of the retail business in port, China, Singapore, and Korea. With already 38.000 places committed to implementing Mozo, we up to 300,000 places can implement Mozo for the following 3 years. Our goal is to be the No. one blockchain token for the world retail market.

MOZO works by employing a "smart contract" related to a retail activity. This sensible contract is created between reseller smartphones or IoT devices (like Beacons) and shopper smartphones as they find their individual devices. Smartphone and shopper retail merchant smartphones will receive and method transactions beneath shopper orders. In different words, the Mozo contract may be a group action created by a user UN agency transfers management commands between user devices, user users, or user systems. Therefore, we tend to create {a sensible|a sensible|a wise} accept that the smart contract object is to method transactions on the blockchain network.

How MOZO Works?

Mozo works by employing a “smart contract” that is tied to retail activities. This sensible contract is established between the retailer’s smartphone or IoT device (such as a Beacon) and therefore the consumer’s smartphone as they find every other’s device. The consumer’s smartphone and retailer’s smartphone will settle for and method a group action beneath consumer’s command. In different words, the Mozo contract may be a user-generated group action that transfers management commands between user-device, user-user, or user-system. Hence, we tend to produce {a sensible|a sensible|a wise} contract wherever the article of the smart contract is to the method the group action on the blockchain network.

Before exploitation Mozo, users and devices should 1st be registered with the Mozo System and therefore the blockchain network through authentication procedures. just in case the device (such as a Beacon or Sticker) is troublesome to be registered by itself, the administrator should then 1st establish the distinctive ID (UUID) of the device and register that device. After that, the retail merchant’s employee should associate the device with the merchandise that the retailer needs to sell. the tactic to spot the device just in case of Beacon or Sticker is to use a Bluetooth scanner, which can come back the distinctive ID of the device. However, if this can be not the case, the tool ought to hash the distinctive response data in order that the device is mechanically disconnected from the blockchain network and rumored to the administrator whenever it's been tampered with. this can be to safeguard the retailer’s and consumer’s interests.