Blockchain solutions

Smart contacts give us an ideal technological tool for preventing the human factor from interfering in a commercial transaction. The simplest solution in this case would be if both parties accepted the use of a cryptocurrency in the form of tokens for measuring the commercial value of the conducted transaction and the resulting bill would automatically reflect this agreement. Nevertheless, smart contracts are also capable of handling with the same elegance the transactions in fiat currencies, providing securely for the transaction in progress the required account password or the safety deposit box security code.

Blockchain technology is ideally suited for launching customer loyalty programs with their discount cards, bonus points and many other features. One of the experimental solutions that we developed provides a perfect tool for implementing a customer loyalty program in any internet retail company. In the beginning the tokens are issued to reward customers for their initial purchases. After that the issued tokens are assigned to the consecutive orders of the  returning customers to provide automatically a loyalty bonus or a discount. The reward scheme calibrates the value of the customers' tokens according to their spending and, in addition, clients can download their online customer wallets, set up for every online account, in the form of a mobile application for personal use. If we allow customers to use the accumulated value of their tokens to cover the full amount of their purchases, and if we maintain the value of these tokens consistently below the value of the fiat prices, we will create a demand for tokens as a means of saving money.

The explosion of interest in ICOs as an increasingly popular way to raise money for the development of a business idea can be easily explained. We finally have an opportunity to engage the world investment community directly with this formalized tool. The first successfully launched ICOs generated an unbelievable amount of interest from the investors. It was as if all they did before was sit and wait for this opportunity to arise! ICOs raise money for financing startups, for developing further the already existing projects and also for expanding production as well as various retail chains. Although the preparation and the launch of an ICO costs money, the initial investment brings a handsome pay-off. Businesses from all economic sectors now can utilize this new great tool for their successful expansion and growth.  For more information, please click here.

The principal role of a game currency is to transfer external monetary value into a specific game medium.  As soon as the game acquires its use value, tokens begin to work in favor of the proprietor of the game the same way fiat currencies serve to enrich the powers that be. Introducing your own currency into a game application is an inexpensive way to uncover the incredible potential of bringing money into the game from the outside world. For more information, please click here.