The world’s first decentralized marketplace providing AI-driven solutions to retailers, manufacturers, and consumers.
The global artificial intelligence in retail market size is estimated to reach USD 23,426.3 million by 2026, exhibiting a CAGR of 33.7% during the forecast period.
The ongoing shift by retailers from traditional retail experience to AI-driven business solutions is one of the crucial factors enabling the growth of the AI in the retail market. Those who have embraced digital transformation successfully are gaining a significant competitive advantage, where customer experience rules. In order to achieve a successful digital transformation, retailers need to go further than just…
Within the last few months, we have completed many important milestones, including building partnerships with leading Asian financial institutions and started developing a brand new product to create the real use case of OSA token. We take current token market challenges seriously and driving the company, as well as our token holders’ interests, towards a targeted strength of the token economy.
In this regard, we have taken a number of game-changing decisions, involving a managing team restructuring, product development enhancing and complete company re-branding, that we would like to share with our beloved community today:
Your professional background is impressive: from leading Blockchain startups and foundations to a PGA board member. You have a strong experience of driving strategic vision and managing big teams. What are the major challenges that blockchain industry and big business, in general, are facing today?
I would say lack of real-life use cases, legislation & trust. People have been fed up with scam projects, and being skeptical about fancy buzz words and stilted promises.
As for large businesses, most of them lost their agility, executing scalable business plans but the losing context of the environment they are operating at. …
OSA DC partners with Decentralized AI Alliance (DAIA)
OSA Decentralized is excited to announce its partnership with Decentralized AI Alliance and SingularityNET to cooperate in the formation of a multi-project alliance, gathering together organizations with a strong focus on the intersection of AI with blockchain and other decentralization-related technologies!
DAIA is the AI-meets-blockchain projects of the world that are able to create a more and more formidable ecosystem, capable of meeting the world’s AI needs in a participatory, democratic and decentralized way.
DAIA will provide support for OSA DC, including technology development and supporting members in working together on building…
Credit: Katie Evans
New research shows that retailers could improve on executing on new innovations in e-commerce. For example, 79% of retail executives believe chatbots are meeting consumer needs, according to an Oracle NetSuite survey of 1,200 consumers and 400 retail executives released in January. However, consumers disagree. Two thirds (66%) of consumers disagree, with many saying that chatbots are more damaging to the shopping experience than helpful.
It’s a similar tale with stores and social media. For example, 73% of retail executives believe that the overall environment in retail stores has become more inviting in the past five years…
BY ZAC JOHNSON
Automation is changing the way everyday tasks and business are done in the world today. Here’s how this technology is changing the world of business and retail with AI-powered predictions.
Artificial intelligence and machine learning are increasingly at play in just about everything we do, both personally and professionally. It is because of these technologies, for example, that an online store can automatically determine what products should be featured on the homepage. These main pages and lists of product recommendations are oftentimes custom-tailored to the individual customer, boosting the likelihood of sales and growing the bottom line.
Source: Elizabeth G. Dunn
The trouble with predictions about the future of food is that they usually wind up being wrong. Where, for instance, is the dog-sized cowengineered to graze in my backyard? Meals today don’t come in pill form, and despite decades of anticipation, insects haven’t replaced farm animals as a meaningful source of protein. You’ll understand why I’ve approached the question of how we’ll shop for food in the year 2069 with some amount of hesitancy.
Original source: ChainNews China, written by Liu Feng: https://www.chainnews.com/articles/144069828250.htm?from=groupmessage&isappinstalled=0
What is the right type of public blockchain for established blockchain applications?
OSA DC tested a number of well-known projects, looking for the perfect public chain to implement blockchain applications
Countless public chain projects came out in 2018, claiming that they would bring great value to traditional businesses. However, which are the ones that have actually been implemented successfully and have already enabled blockchain technology to transform traditional industries? In reality, companies implementing blockchain applications are also struggling to find the right underlying public chain.
Thus, with the encouragement of OSA…
1. 15 years of experience in business, the financial industry, and IT — please tell us more about your career background story. At what companies did you work? What inspires you? What ups and downs brought you success?
I was running my own business for more than 10 years. The company was engaged in the import of food from Japan and Asia. Starting from 2017, I began to invest in IT and blockchain. Also, using my business experience and language skills (Japanese, English and Russian), I was engaged in consulting Japanese projects in Russia and Russian projects in Japan. I…
Every year, 400,000 people die, and one in 10 people around the world fall ill due to contaminated food. Supply chain problems often lead to further illnesses, lost revenue and wasted products, while the retail industry loses approximately $500 billion annually.
Several well-known retailers claim blockchain technology is ideally suited to addressing these challenges as it establishes a trusted, transparent environment for transactions. People care about what they eat and are no longer willing to be indiscriminate consumers. Manufacturers and known grocery giants can do nothing but adjust, and it seems they’re working to do so.
The OSA DC platform…