Loyalty programs has grown among various industries such as travel, retail, financial services and Food & Beverage. Approximately USD 500 billion’ worth of retail loyalty points that could be spent on flights, holidays, rented cars or groceries are not utilized and are stored in forgotten cards in wallets. On an average a household indulging in more than 25 Loyalty Program Operators - making a gigantic task for anyone to organize all the related accounts and passwords. Customers are frustrated as they often do not have sufficient points to redeem the goods they want. Over time, these points would expire and become worthless to the consumer. Loyalty program operators also make it hard for members to shift points between one another and put obstacles to make it difficult for customers to use their points whenever they want. Over time, points would be purged and the program owners benefit from the forgone points.
How can we overcome these problems?
Is there a solution?
Solution offered
Gabrotech is the newest approach towards the loyalty rewards programs. It aims to organize the loyalty rewards market and remove the inefficiencies by “decentralization” as well as handing back points control to the public. Based on Blockchain technology, the platform will easily track and verify the number of tokens being traded or used. It also makes a network by interconnecting different loyalty program operators, merchants, institutional buyers and customers with a common digital asset.
The platform has designed an unique 6-in-1 solution to solve the problems. It aims to resolve the world issues using technology. The incredible technology securely stores multi-blockchain assets while making the assets spendable. The 6-in-1 solutions are:
• Gabro Digital Wallet
• Gabro Tokens Utility
• Gabro Pre-paid Card
• Multi-currency Conversion Engine
• Loyalty Central
• O2O Analytics Platform
Fast loyalty engine, low operating costs, users in control (trustful), users can trade points, single points ledgar, and affordable by smaller business are the advantages of the platform.
ICO information and team
The token sale starts on 31st July 2018 and ends on 31st August 2018. The loyalty campaign will be launched on 31st September 2018. The launch of other merchant coins will be on 31st October 2018. The funds will be spent on R&D infrastructure development (35%), marketing and customer acquisition (25%), legal and compliance (20%), partnerships (15%), and working capitals (5%). The team working on the project comprises of 6 Blockchain enthusiasts. They are experts in the fields of digital marketing, technology, loyalty, payments, banking, consulting and fintech.
Conclusion
Gabrotech, an incredible platform, will provide users the best experience as well as allow them to manage digital assets. Gabro wallet offers immediate swapping between crypto and fiat currencies, efficiently manages an array of vvarious loyalty programs and reward points, options to use stored points from one program to fill up another, proper security to keep all digital assets secure, Gabro Card can be used to spend assets in over 200 countries with 60 million outlets, and Gabrotech token as the fuel and reward currency of the network are the characteristics of the platform. Based on the Blockchain technology, the platform will definitely disrupt the loyalty rewards industry.
Website - https://gabrotech.io/
Whitepaper - https://cdn.shopify.com/s/files/1/0067/8313/9898/files/Whitepaper_LongVersion_Portrait_v17.pdf
ANN - https://bitcointalk.org/index.php?topic=4541530.0
Telegram - https://t.me/Gabrotech
Published by- Pooja Jur
Profile - https://bitcointalk.org/index.php?action=profile;u=1217469