AS THE INTERNET BECOMES MORE VALUABLE THAN INFORMATION, CONFIDENTIALITY AND SECURITY COME TO THE FORE.
The disappearance of intermediaries in Internet trading activities will contribute to transparency and monitoring through a public, traceable record of all transactions. Through blockchain technology, Balehu is improving the connection and communication between small local merchants and consumers by creating an online ecosystem called the Balehu Community. Offering a collection of real-time software solutions, Balehu enables the exchange of goods and services, while eliminating third-party redundancy
The Balehu community
Enables easy communication. The potential demand for information technology is changing the way businesses and buyers relate to each other in terms of goods and services. Balehu is a community of sponsors, merchants, collaborators and members. BACKERS are consumers of the decentralised technology of the Balehus blockchain and intelligent contracts, which consist of investors, sponsors, advocates and promoters. MERCHANTS are the end customers of the business that will use a software application to manage their marketing activities. COLLABORATORS will have the possibility to exploit the Balehus code base, which will be available as an open source project that can be used to drive new communities, projects and add capabilities to existing ones.
Members are free subscription customers who will communicate with merchants to find local customers, events, businesses and other activities in real time...
BALEHU IS AWARE THAT SMES AND LOCAL COMPANIES FACE SIGNIFICANT CHALLENGES IN PROMOTING THEIR PRODUCTS AND SERVICES, DUE TO THE RAPID PACE OF THEIR GROWTH.
Current channels for local companies to contact prospective customers are inefficient and do not benefit the interests of commerce. The main options are social media, low-volume websites and negotiation or revision-oriented pages. Very few offer real-time marketing options, giving companies the ability to instantly communicate what they offer and when they offer it.
Within the Balehu Community, local merchants have access to a simple and intelligent marketing and social media software solution called BALEHUBIZ. BalehuBiz will offer a robust software application for B2C companies to reach local customers by incorporating a marketing solution to easily manage their promotional efforts. This online business software tool will enable you to offer a simple tool for attracting, tracking, analyzing and retaining local consumers through social media management, digital ad development, customizable and easy-to-read, loyalty and a consumer integration manager.
In addition to BalehuBiz, partners or customers will use an application to easily discover and involve local businesses of the same interests called BALEHUBOT. The BalehuBot is a digital device, a concierge service that will personalize your experience by addressing local commitments, price offers,
and activities in real time from actionable backend intelligence. Inside the BalehuBot, consumers will have access to loyalty fees through a digital wallet, which can be used in any participating retailer.
Finally, BALEHUBUCKS is a digital cryptographic token obtained by participating in the Balehu Community. BalehuBucks members may use BalehuBucks as a means of payment, which can be spent or cashed, if available in an exchange. BalehuBucks will provide merchants with a method to retain loyal customers while enabling them to collaborate and cross the media market effortlessly. With BalehuBucks we eliminate inefficient currency transactions, promote free trade and generate demand with each transaction through the decentralised blockchain network. Ultimately, BalehuBucks will enable a frictionless community where merchants and consumers can easily interact, communicate and collaborate.
BalehuBucks are distributed through the BALEHUBUCKS REWARD ENGINE. Balehu
Community Members and Balehu Inc. manage the BalehuBucks reward engine. Initially, to safeguard the interests of all parties involved, Balehu Inc will operate with the BalehuBucks reward engine. As the community begins to grow, merchants, taxpayers and members alike will be able to participate in voting on how to operate the Balehu Reward Engine. Each voting power member will be based on the BalehuBucks earned and expended in the Balehu community.
The Balehu Community is innovating the way stakeholders engage in daily interactions with others. With BalehuBiz and BalehuBot, retailers attract and keep consumers with simple online marketing tools that are enabled with practical information, while consumers discover important business engagements and transactions in real time.
From our first coin offer, BALEHU WILL PRESENT A REVOLUTIONARY RETURN PROGRAM FOR BLOCKCHAIN-BASED FAITHFULNESS REWARD. For the purpose of gamifying Loyalty Rewards, BalehuBucks will be delivered to users for each transaction and participation through BalehuBucks Reward Engine. Using Blockchain technology, Balehu will restore and reward local commerce. With the
introduction of the ethereal-based BalehuBucks, and the BalehuBucks Reward award
The system issues tokens to participating users that are transferable within the Balehu Comunidad platform. Merchants and consumers can obtain, collect and retain rewards based on their participation in the Balehu Community.
BALEHUBUCKS... ITS EXECUTION
BALEHUBUCKS WILL BE ISSUED ON THE ETHEREUM LOCKING CHAIN AS AN ERC-20 TOKEN.
Blockchain ethereum is currently the industry standard for the delivery of customized digital assets and intelligent contracts, enabling advanced features and an active ecosystem. The ERC20 Token Interface enables the deployment of a standard token that is compatible with the existing ethereum ecosystem infrastructure, such as development tools, portfolios and exchangers. These advanced functions and active ecosystem make the ethereum a natural element for BalehuBucks
BALEHUBUCKS... your benefits
DECENTRALIZED: Decentralised tokens strip big banks and institutions of power and leave them in the hands of the citizen. This allows a
Balehu Community member to create a market without the need for a central position, and allows buyers and sellers to connect directly, thus eliminating unnecessary linkages and increasing spending on goods and services of daily use. The decentralized nature of BalehuBucks gives full control to the owner of the tokens and the community. The BalehuBucks presentation is intended to add value to all participants in the Balehu Community.
UTILITY: BalehuBucks is the vehicle that powers the Balehu-Bucks community. BalehuBucks users may use BalehuBucks to redeem Balehu Merchants for goods and services that participate in Balehu Merchants, and may also be sent or received by other users. Token holders will be able to send and receive tokens between participating users and may be able to trade them externally in the crypto currency markets.
NOTICE TO AVOID CREDIT CARD PROCESSING FEES: With the flexibility to pay for a purchase in part or in full with BalehuBucks, merchants will enjoy a discount on credit card processing fees. Balehu Merchants cannot expect hidden fees and will be charged only a nominal 1% commission on the transaction.
REPLACEMENT OF CREDIT CARD TRANSACTIONS: Carrying out the advantages of BalehuBucks, merchants are advised to recommend the use of BalehuBucks as a form of payment. Nearly 55% of the 27 million microenterprise owners in the United States do not accept credit cards as a form of payment. For merchants who do not accept credit cards as a form of payment, BalehuBucks makes cashless purchases possible.
ADDITIONAL BENEFITS: BalehuBucks stimulates impulse buying, which accounts for 30-70% of conventional sales. About 90% of customers will purchase an item that they did not initially intend to purchase. In the case of the
Balehu Merchants, an acquisition of a customer who has BalehuBucks available for use has a 40-70% chance to use their BalehuBucks to make that purchase. Research over a three-year period shows that 80% of the millenarians participated in loyalty and reward programs. Among the millennia, 45% will use coupons and loyalty points available, which represents a great deal of money.
opportunity for Balehu merchants, as nearly 52% of the millennial ones use their mobile devices to take advantage of reward loyalty applications.
with a historical trajectory of 92 million dollars and that are reaching their maximum purchasing peak, the market will have to adapt to their needs. With the expectation of instant access to commercial offers, special offers and prices, BalehuBot allows users to easily navigate through current promotions.
SMALL BUSINESSES WITH FREQUENCY ARE IGNORATED OR LEFT SIDE BECAUSE THEY DO NOT HAVE THE RESOURCES TO LOCALLY PROMOTE THEIR BUSINESS AS MEDIUM OR LARGE.
The most common solutions are social media sites, low-volume websites, and sites geared toward negotiation or review. Few have the ability to publish real time promotions, which enable companies to instantly access local customers.
Digital media, including newspapers, magazines, blogs, applications, and websites have the following features
Minimal difference options for generating revenue, including existing ad exchanges, Google ads and internal advertising. Local entrepreneurs have even fewer possibilities. These media include Facebook's walled-up garden, Google ads and local newspapers, but do not allow a company to do agile advertising. Companies are turning to improved search and social media specialists, who bring a dubious return on investment. BalehuBiz is a simple marketing platform designed specifically for small local merchants to save them time and money and better achieve their goals.
Instead of relying on traditional methods of promotion, merchants will be able to reach loyal and potential customers on a daily basis in an anti-spam database. About 70% of email campaigns are deleted immediately. In case the merchant has an open rate of 25%, waste for the merchant produces 75%. On the other hand, if an e-mail doesn't open in 24 hours, only 1 percent of the audience will be able to read it.
The cumulative local advertising market is expected to reach $148.8 billion in 2017. About us
we believe it is our responsibility to consider that our total and accessible market is extracted from yellow pages and newsprint.
These markets are declining, but still account for 15.6% of local advertising activity, which is $23.2 billion dollars annually. We plan to conquer two percent of this market in the next seven years, generating $464,000,000,000 in annual gross revenue.
THE ONLINE SOLUTION FOR SMALL LOCAL BUSINESSES
SOCIAL MEDIA MANAGEMENT: BalehuBiz makes it easy for participating merchants to publish promotions or engagements on multiple social media platforms in a simple control panel. BalehuBiz provides merchants with the tools to manage, monitor and understand all aspects of their online offering. Balehu merchants are trained with the ability to automatically manage promotional offers and discounts at predetermined times or instantly. Customers will be able to opt-in and learn about these proposals in real time, while taking advantage of offers and discounts when shopping at participating Balehu merchants.
ANALYTICAL MANAGEMENT It will gather data from social platforms and commercial websites to help you guide strategy marketing with a simple dashboard. The tool will show you engagement statistics such as "tastes" and "participation in messages","replies" and "comments", and clicks on your links and content. With this data analysis feature, salespeople will easily see how Balehu will help them achieve their business goals.
"Sellers gain insight into their entire digital marketing channel
Analysis of websites, blogs, SEO and presence in social networks.
Directing the best content to the ideal opportunity
Collect key words and phrases your prospects are looking for
"Look what the reward offers at work.
CONFIGURABLE LOYALTY AWARDS:
Sellers can use Balehu to create a customized loyalty system based on tokens and a motivational program tailored to their requirements.
This program will allow vendors to reward their everyday customers and attract new customers. Vendors no longer need to manage outdated and expensive reward programs. Vendors can easily set program rules and monitor results quickly
and without problems or complications.
BALEHUBUCKS FOR THE COMMERCIALIST: The Balehu community develops thanks to the salespeople and active Balehu members who connect with each other, and throughout the community's growth, BalehuBucks will expand in parallel. BalehuBucks is rewarded to the first BalehuBucks community members by
the BalehuBucks award engine. Associates earn BalehuBucks for each operation within the Community. Balehu distributors can earn additional income from
BalehuBucks for using certain features and for referring users to the Balehu Community. Balehu Community members will publish and notify all Balehu Community members of how they can obtain BalehuBucks. Balehu has made a reserve of 700,000,000 of the one billion BalehuBucks that were created to be distributed to the Balehu community. As a BalehuBucks dealer, you can easily accept and trade BalehuBucks. There are several ways salespeople can use BalehuBucks:
"Acquire additional Balehu features
"To redeem any participating Balehu merchant
"Guard in a Balehu wallet
Transfer to a bag (if available)
BALEHUBIZ BLOCKCHAIN: Blockchain technology allows friction reduction and a more efficient ecosystem. This technology allows users to instantly send and receive transactions without depending on a central authority. Traditional
Financial institutions such as Deutsche Bank, Barclays, Citigroup and even the NASDAQ and the US Federal Reserve use the blockchain technique to improve their processes. Digital asset management will leverage the security qualities of
the block chain including:
"The impossibility of forgery
Records cannot be manipulated, duplicated or falsified in a block ledger.
No third party intervention in transactions.
Immutability - The blockchain protects against abnormal transactions or changes.
"ease of transfer
Real-time compensation helps asset managers meet redemption requests more easily, reducing the risk of liquidity.
Reduces the cash to be withheld.
Transparency and simplicity of audit - reconciliation costs have been reduced due to the ability of blockchain technology to track asset holdings in a shared registry.
Reduced operating costs related to transaction processing
Because transaction deadlines are almost instantaneous, the related costs are
finally reduced.
Blockchain technology enables asset managers to operate more efficiently and automatically.
Transaction costs have been reduced for everyone involved in the blockchain economy.
Network effect created by the infrastructure for multiple types of tokens
Direct Savings - Blockchain technology eliminates the need to tackle
settlement issues, including the risk of mismatch between the trade date and the settlement date.
"Indirect savings
The possibility of cancellation in real time greatly helps to reduce counterparty risk.
The price of settlement transactions for market participants is lower due to the elimination of quotes from clearing funds to central counterparties.
Blockchain technology helps minimize the role of delivery and matching services, resulting in lower costs for depositories and brokers.
Greater stability - Risk management becomes increasingly efficient in reducing counterparty risk due to timely settlement.
CROWDSOURCING HAS BECOME A VERY POPULAR WAY FOR INDIVIDUALS OR ORGANIZATIONS TO USE THE INPUT OF OTHER INTERNET USERS TO GET NEEDED SERVICES OR IDEAS.
Although several crowdsourcing search engines are available for local vendor identification, customers are usually underserved beyond services such as Trip Advisor, Yelp, AroundMe, Foursquare, etc., which provide brand awareness but are otherwise limited.
According to BusinessWeek, Yelp has a complicated relationship with small and medium-sized enterprises.
Criticism of Yelp focuses on the legality of reviews, public statements of manipulation and blocking of reviews to increase advertising spending, as well as concerns about the privacy of reviewers6. There are several limitations and controversies with these crowdsourcing services.
The impact of crowdsourcing on improving material quality and increasing management overheads
Entrepreneurs have less capital of their own
Increase in the number of proposals funded
The impact and value of the work received from the crowd
The ethical implications of low wages paid to "mass workers" Target consumers are actively participating with a smartphone. At the beginning we aim to
men and women after college, ages 21 to 40, who have an income of more than $55,000, mainly in professional, dense, urbanized settings. These customers are well-educated, understand the meaning of local businesses and are curious to know "here and now". In addition, several competing services such as Hooked already exist, and although they are not currently immediate competitors, they target university markets: cities such as Boulder, CO, Chapel Hill,
NC, Berkley, CA, etc. The decision to focus on dense urban professional markets will allow both sides to grow in a more prosperous market.
Customers or users will use a mobile app called BALEHUBOT to easily discover the applications of BALEHUBOT. involve local entrepreneurs in their own interests. The BalehuBot is a digital customer service that allows you to adapt your experience to the particularities of each place, setting objectives, prices and activities.
Consumers or customers use a mobile application called BALEHUBOT to easily find and attract local companies with similar interests. The BalehuBot is a digital information system that adapts its expertise to the specific needs of each company by focusing on local commitments, business and pricing activities. Customers register quickly and easily using the Balehu App or online at BalehuBucks. com. Balehu community members do not have to pay to use Balehu. Sign up and start receiving rewards from participating merchants while using BalehuBucks as a BalehuBucks branded product for payment.
Once a user is a member of the Balehu community, they begin to feel a new way of involving the surrounding community.
Real-Time Search with local recommendations from the merchant directly, without the need to search in real time.
public reviews
Privacy
Balehu Wallet
Earn and easily spend BalehuBucks at participating merchants
Transfer BalehuBucks to others
Balehu-Bucks Exchange
Manage all loyalty rewards from one place
CONCLUSION
Balehu's purpose is to change the way businesses and traders relate in their own communities. We have a vision that the Balehu Community will change the way these interactive actions are implemented by both the customer base and the merchants they support.
It is possible for consumers and traders to regain control of their local trading ecosystem by using blockchain technologies. Together we will change and develop communications to benefit all consumers and distributors.
The Team
MIKE BERSON FOUNDER AND CEO
FREDERICK TOWNES CTO
STACY SANSONE CHIEF STRATEGY OFFICER
DAVID KNOTT SENIOR BLOCKCHAIN ADVISOR
CHARLES KURTH BUSINESS DEVELOPMENT
JESSICA NELSON SENIOR DESIGNER
KEVIN MEILINGER DIRECTOR OF MARKETING
ANDREA COLLATZ SOCIAL MEDIA COORDINATOR
JONATHAN RODDERICK ADVISOR
TREVOR CROW LEGAL ADVISOR
ZACHARY WEINER ADVISOR
JOSE VIETEZ ADVISOR
ERIC NIEHOFF DIGITAL MARKETING COORDINATOR
Links
web: https://balehubucks.com/
Whitepaper https://balehubucks.com/wp-content/uploads/2017/10/balehuwhitepapers-v1.pdf
ANN: https://bitcointalk.org/index.php?topic=2441782.0
Twitter https://twitter.com/balehubucks
Facebook https://www.facebook.com/balehubucks/
Telegram https://t.me/BalehuBucks
Slack https://balehu.slack.com/?redir=%2Fmessages
By Bitcointalk user: jpirulo
Profile: https://bitcointalk.org/index.php?action=profile;u=1192567
Myetherwallet: 0x4312006E30A82664F5b7EF51B2cE5c864F54cb1f
by Jpirulo