UNVEILING OBIZCOIN-The smart process Bot based on blockchain and AI
Bots are applications of artificial intelligence created to make daily tasks easy,particularly those that are repetitive in nature.They help in handling simple tasks(sometimes complex)that otherwise would been a drain on your resources,saving you energy,manpower and time.They have the added advantage of being swift in executing assigned tasks.There has been recent surge of their application in different fields.In businesses,Bots have found common uses such in customer service(taking inquiries,booking reservations,responding to mails,providing useful information to customers),advertising,taking surveys,processing and execution of smart contracts etc
Creating a smart process bot with OBIZCOIN for businesses
Starting a new business or running an existing SME (Small and Medium Enterprise)is often a daunting task.One has handle a lot of distinct (but inter-dependent units)such as Leadership,Teams,Cash flows, Communications(internal and external),Systems/Processes,Legal as well as product itself.It is estimated that 80 per cent Startups and SMEs face challenges in managing their businesses.According to a report by Fundivo,less than 50 per cent of all Startups survive the first five year of its operations(1).Much of these problems arise because the internal processes do not interact with each other.Highlighted are a few below factors that affect the success of startups and SMEs:
Poor domain knowledge
Weak delegation caused either by a break in internal communication or expertise.
Manual processes which is often a direct result of poor technology
People-dependent rather than having a system-dependent process
Dissatisfied customers because products or services are not efficiently delivered.This will have a huge impact on the business cash flows was future patronage will be hampered.
These processes can be automated to improve efficiency and success rate. OBIZCOIN (‘O’-BIZ for Organized biz)aim to achieve this by developing a Smart Business Process Automation BOT based on Artificial Intelligence (AI) and Blockchain technology. Business owners are often faced with the task of handling multiple job profiles such as Logistics processes,Legal processes,HR processes,Account processes,Sales processes,Purchase processes with the limited resources of time and resources.This is particularly true for small businesses and startups with the resultant negative impact on efficiency.There is less resources devoted to evaluation or monitoring actual performance. Also lack of domain expertise lead which will lead to making wrong decisions that could be detrimental to survival of the business in the long run.This is where OBIZCOIN will act as a game changer through the application of AI and blockchain. OBIZCOIN is a smart knowledge bot that will remedy any domain knowledge deficiency prevalent in most startups and SMEs.It is able to achieve this as it is a product of an already existing platform that provides business process consultancy services- Your Retail Coach consultancy.
OBIZCOIN through its knowledge Bot(OBIZCOIN Bot) will provide the following services to businesses:
Business Process Development-The OBIZCOIN bot will provide the needed expert domain knowledge,design efficient business process, align teams to the processes,delegate tasks based on the bot system and monitoring team’s performances as well as rewarding them as per their performance.The OBIZCOIN bot will basically act as a virtual CEO.The OBIZCOIN bot will analyze the reports and present management with solutions best suit the organization. Something that is absent in other bots.
Operational Risk Assessment-
Often, while making any sort of business decisions, the only data available about that organization is the financial data. With the development of OBIZCOIN BOT, business owners and investors will have the access to an organization’s real time operational health which will help them analyse their businesses better and take corrective actions to improvise their business processes. Investors can have a better understanding of the real time operational health of the businesses they wish to invest in.
OBIZCOIN token sales and token utility
The Obizcoin (organized business)will be the utility token to be used in the Obizcoin ecosystem.It will avail users the following services in addition to others-
Operational Risk Score Analysis and other such services
Access to OBIZCOIN DAPP Platform
Third-Party tie-ups
Reward to developers & technical team, developing & upgrading the platform
Using tokens to avail vendor — partner products and services
Incentivizing Employees / Associates
The Obizcoin team currently offering investors the opportunity to partake in the sales.Details of the offer are below listed
Date 29/01/2018–14/03/2018
Pricing:1 ETH = 10000 OBZ tokens
Hardcap 15 million USD
Softcap 1.5 million USD
It will be available for sale at https://www.obizcoin.io/#ico
White paper https://www.obizcoin.io/images/Obizcoin-Whitepaper.pdf…Reference
https://www.fundivo.com/stats/small-business-survival-rates/
Personal bitcointalk link:https://bitcointalk.org/index.php?action=profile;u=1026959