Enabling BlockChain Technology for Digital Coupons
- Digital Coupons/Incentives are secure, scalable distributed ledger involve Blockchain technology and integrate with Apple and Android Pay.
- BlockChain stores digital coupons in a cryptographically secure and highly controllable manner. Mobile wallets give consumers an easy to use, convenient method to save and present offers.
Challenge for Building Centralized Coupons Platform
- Design a central Industry Registry for digital coupons having precise control over distribution & redemption.
- Redemptions are settled in Real-Time on the Blockchain, eliminating the need for clearing houses.
- Provide security & trust required for Issuers to distribute high-value offers. Target a specific audience for personalized offers using Real-Time Analytics.
Service Offerings for BlockChain Technology
To overcome all the challenges, deliver a solution for all stakeholders in the ecosystem from Consumers that use offers. The Brand issue offers, to Retailers that redeem offers.
Implement a mechanism for customers to find high value offers from different brands.
A retailer can increase traffic by shifting from paper to digital coupons. BlockChain implementation helps retailers to improve Inventory Management.
Brand owners can target personalized and specific audience with Real-Time Analytics; Blockchain provides a Flexible business solution to enhance promotion.