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⭐ Features
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One-to-One 3D Service: How Meituan’s AI Product “B-BOX” Serves Customers

  • Beixi Xu
    ⭐ Features

    Chinese group buying website Meituan is going to launch their full scene AI product “Better-Box” to serve customers by the end of this month

One-to-One 3D Service: How Meituan’s AI Product “B-BOX” Serves Customers
Cover image via u.today

Chinese group buying website Meituan is going to launch its first full scene AI product “Better-Box” to serve customers by the end of this month.

The new product combines AI, Cloud Big Data, machine vision and 3D photographic projection technologies to provide virtual characters to serve users. The name came from Meituan’s “eat better live better” business mission.  

What “B-BOX” looks like?

B-Box is shaped like a cube, with an AR optical see-through projector on the top. Also, there is a 10mm-AI-chip inside called M1000 to support its operation, apart from that we cannot see other holes outside the box.

One-to-One Service: improve user’s shopping experience

Recently most merchants are paying more attention to consumer’s consumption experience to win profits. The launching of B-Box aims at helping customers make a better choice.

“If you open Meituan’s mobile app, you can talk to the 3D virtual character,” said Renjie Yu, Meituan’s AI technician. “B-Box uses Cloud Computing technology to analysis consumers’ shopping preference, that’s why you can talk to the virtual person in the real time.”

The product will be widely used in all entertainment places such as karaoke, restaurants, bars and hotels. Besides that, B-Box can also help vulnerable populations such as speech handicapped people to better communicate with Uber drivers.

“I am really surprised at their AR Magic Sensor system,” said Siyu Wang, a Meituan user who studies in Shanghai. “ I don’t like making choices; I prefer someone recommend dishes for me especially cater to my taste, that makes me special.”

B-Box not only provides customers better service but also helps merchants know their customers and find solutions to the existing consumer market. As one of the largest retail platforms in China, there are two million merchants registered on Meituan, the company said B-Box is the start of applying AI to customized service.

Now the product is going into the production process and will be put into use on the Meituan platform on April 31.

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About the author

Beixi Xu is a Washington-based business reporter with a strong interest in AI, Next Generation Technologies and space exploration. Besides English, she also speaks Mandarin and German. She is currently working as a business and market reporter for Medill News Service, covering retail and transportation.

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0
📰 News
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Top Bitcoin Miner Warns – Bitcoin’s Privacy Features Are ‘Quite Poor’

  • Yuri Molchan
    📰 News

    The head of a major Bitcoin mining pool says that Bitcoin privacy is weak and must be improved to prevent BTC from avoiding governments’ clampdown

Top Bitcoin Miner Warns – Bitcoin’s Privacy Features Are ‘Quite Poor’
Cover image via www.123rf.com

The CEO of one of the largest BTC mining pools, Poolin, has recently stated in an interview that Bitcoin privacy has to be improved. The current privacy features make BTC vulnerable to potential regulatory bolt tightening, says he, as reported by Forbes.

The Poolin mining company was set up by several former employees of BTC.com – a world’s major mining pool, a subsidiary of Bitmain. Among them was the Poolin’s current CEO Kevin Pan.

“Bitcoin’s privacy features are quite poor”

Over the past years, developers have suggested several ways to improve Bitcoin’s privacy. However, those were rejected by the community, since they would hard such major things as security, scalability, etc.

A good example here is Confidential Transactions that were among those suggestions. They disguise the amount of BTC sent in transactions. However, the integration of it was rejected, since it could have had a negative impact on the public verifiability of the present BTC supply.

Kevin Pan says that privacy is much more vital for a crypto asset development than scalability. Pan says:

“There is no other big question if the privacy issue is solved.”

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Governments may start controlling BTC miners

The company CEO believes that in theory, authorities or law-enforcement agencies may start telling miners to block certain address from receiving funds or sending them. However, in that case that would have to be 51 percent of the BTC network.

Pan believes that unless a solution to this problem is found soon, governments will get a chance to prevent transactions to certain addresses from happenning.

“What is more troublesome now is if government or law enforcement departments begin to create a blacklist of transaction addresses, it will make certain transactions unable to be packaged.”

“In fact, these can be done. But if there is privacy, you can't know who the address belongs to, and you can't determine how much the amount is, and there is no way to control the currency system. So for me, Bitcoin is basically no problem if the issue of privacy can be solved.”

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China plans to clamp down on BTC miners

Previously, U.Today reported that Inner Mongolia, an autonomous region of China, plans to ban all the numerous mining pools located there soon.

Since this region is one of the biggest local crypto mining areas, some believe that China is about to ban mining of all cryptocurrencies ahead of the so-called ‘China Coin’ launch.

Do you think that poor Bitcoin’s privacy features could indeed bring down regulatory control over BTC one day? Feel free to share your view in the comments section!

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About the author

Yuri is a journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future. ‘Hodls’ cryptocurrencies. Has written for several crypto media. Currently is a news writer at U.Today.

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