Credits blockchain can act as an operating platform, where all interaction occurs, and tokens released on the platform are scored for actions.
Traditional loyalty programs are difficult to maintain and inconvenient for users. Credits blockchain, being an operating platform of a new type, is able to change the current way loyalty programs operate.
Complicated procedure of launching loyalty programs.
Companies need to develop software by themselves, this requires a lot of resources and time. Thus, the cost of launching a loyalty program is very high.
Weak integrability with other services/companies
Programs and points are poorly integrated with third-party companies and services due to a high amount of independently working programs.
Inflexible structure of rewards and lack of transparency.
Programs and points are usually used only as a discount for new purchases. There remains a huge potential in terms of using points for other operations.
Advantages of loyalty programs on the blockchain
The points scoring system is regulated by a smart contract and implements such functions as:
- list of products participating in the loyalty program.
- transfer operations.
- storing and writing off points and other operations.
The new model allows you to utilize advantages of smart contracts and tokens:
The universality of the Credits platform as a single solution for the release of token loyalty points.
A single wallet of an individual and an account, in which the accumulated loyalty points are stored in the digital form.
Simplicity of transferring and using the token loyalty points within Credits blockchain accounts.
Possibilities of Credits for Loyalty Programs
We have created a unique blockchain platform which makes it possible to adopt blockchain technology in a variety of existing industries
Single protocol for issuing, storing and transferring various types of assets
Infrastructure on a distributed network with a public registry
Accounts system with public and private keys
Set of security systems
Built-in programming language for creating services
We have a strong team of programmers and support offering:
Consultations on how to use our technologies
Help with PoC (proof of concept) and MVP development