About Nucleus Vision (NCASH)

Overview

Nucleus Vision (NCASH) is an Internet of Things (IoT) based, identification system developed in 2013 at Harvard University, Boston. NCASH identifies customers within the retail environment and provides data regarding the customers shopping behaviour so that the business can offer improved customer service. Currently, NCASH is live in 10 stores, has processed over 100,000 unique identifications and has sent over 2,700 recommendations. NCASH has no dependency on an app, Bluetooth, Wifi, RFID or facial recognition, creating seamless and frictionless integration. Data is sent and stored on the blockchain, creating a tamper-proof environment and ensuring personal information is protected.

Technology

NCASH uses an ION sensor to identify customers within a 200-metre radius instantly. The sensor picks up on temperature, pressure, motion, acceleration, sound and captures invisible dark data as well. To integrate the ION sensor into a retail environment, owners directly plug it into a power outlet. The ION sensor is robust, it is entirely compliant with telecom industry hardware specification standards and is capable of identifying multiple identities in microseconds. Orbit is the blockchain information, exchanged used for storage and authorisation. It enables transactions amoung NCASH's partners and customers while connecting NCASH with the global Cryptocurrency economy. The ION sensor is the technology used to identify individuals, and Orbit is the information based exchange enabling transactions. Neuron is a state of the art deep learning platform that brings it all together. Neuron gathers data from ION and Orbit and creates real-time customer personas.

Future Focus

NCASH has a clear three-phase vision and roadmap explaining future projects and predicted growth leading to mass adoption.
Phase 1: Continue development of in-store customer identification and personalisation.
Phase 2: Security and monitoring of physical assets and access control.
Phase 3: Connect Nucleus Vision with smart homes, cities, health, transportation and agriculture.

A wallet is essentially a bank account for your cryptocurrency and the wallet address is like your account number. The sender of the cryptocurrency needs a wallet address so they have somewhere they can send it from their wallet, much like a bank transfer. This wallet is giving you access to the blockchain where you can view your balance, send and receive cryptocurrency.

For information please read our beginners guide to cryptocurrency wallets.

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Storing your coins with Wallets

A wallet is essentially a bank account for your cryptocurrency and the wallet address is like your account number. The sender of the cryptocurrency needs a wallet address so they have somewhere they can send it from their wallet, much like a bank transfer. This wallet is giving you access to the blockchain where you can view your balance, send and receive cryptocurrency.

For information please read our beginners guide to cryptocurrency wallets.

Pay with POLI. Its fast!

POLI - internet bankingPOLI is secure and fast. It links directly to your internet banking – login with your normal details and the rest is easy. No extra fees or surcharges. Watch this short video to see how it works.

About Bitcoin

Bitcoin (BTC) is a form of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds. Transactions are stored on a distributed, immutable, online, public ledger known as a blockchain. Bitcoin was the first truly decentralised cryptocurrency which was created by a programmer under the pseudonym Satoshi Nakamoto and was released in 2009. The system is peer-to-peer, verified by network nodes and recorded in a public distributed ledger called the blockchain. Bitcoin can be exchanged for other currencies, products, and services with over 100,000 merchants and vendors accepting bitcoin as payment. Bitcoin can also be held as an investment. There are only a fixed number of Bitcoin will ever be mined (21 million), it’s not controlled by any one government or central bank, and there’s no such thing as quantitative easing or fractional reserve banking. These qualities make Bitcoin excellent as a store of value and a long-term safe-haven asset, similar to gold.

A Bitcoin success story that went viral on social media is Kristoffer Koch from Norway. Koch invested around $27 in Bitcoin in 2009 and then forgot about it for four years. He remembered about his Bitcoin wallet in 2013, which had then grown in value to $886,000.

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