Loyalty Points on Blockchain

TokenD is a tokenization platform that allows you to digitize, manage and trade your assets in two clicks. It provides liquidity for your commodity.

Solution

Digital Assets

Issue and manage digital tokens for your assets on secure blockchain. Easily share your blockchain with certified auditors for transparent accounting.

Identity

Free wallets for your users, both mobile and web-based. All private keys stored on users’ devices. Know your customers and track their transactions.

Exchange

Trade your assets for fiat or cryptocurrency. Exchanges bring together brokers and dealers who trade digital assets in a simple way.

Loyalty for Company

Market Problem

There is no secondary market between users.

Market Solution

TokenD provides blockchain platform to issue loyalty points.

Points can be transferable and tradable between users.

Key Benefits for Business

  • Auditability
  • Immutable ledger. A perfectly auditable record of transaction activity that cannot be forged or altered.
  • A store can issue different tokens on demand (e.g. specific tokens for the Christmas and Easter)
  • A store can implement specific rules of token issuance for a different kind of users
  • A store can manage fully manage issuance rules for different kind of products

Key Benefits for Customers

Secondary market trading

Tokens can be:

  • Tradable
  • Transferable

Use Cases

  • Alice needs to fly to London, but she doesn’t have enough money.
  • Alice does not have enough air miles to exchange them on the business class ticket.
  • Alice decides to buy lacking air miles on the internal exchange because it’s cheaper than buying an economy ticket.
  • Now she can fly to London with lower expenses.

Loyalty for Consortium

Market Problem

  • Lack of transparency
  • Difficult audit process
  • Lack of a proper and well-established secondary market
  • Companies do not have the access to the information on the others loyalty programs their Customers participate in.

TokenD can solve all these issues by implementing loyalty programs on a private permissioned blockchain with non-permissioned audit

For most of the users it is quite complicated to accumulate enough of the points to use the reward. TokenD provides sophisticated solution to users by creating the secondary market where points can be exchanged.

On the TokenD

  • The Company can issue its tokens on a blockchain.
  • The Companies can join a consortium and exchange tokens inside the consortium.
  • Token issuance is fully controlled by the Company-issuer.

TokenD makes loyalty points secondary tradable. Companies can form a consortium and agree on terms of exchange their loyalty points inside a consortium. Companies can view the ledger to perform customer research.

Key Benefits for Business

  • Auditability inside the consortium. Companies can view all the transactions their Clients are making using all of the available loyalty points.
  • Immutable ledger. A perfectly auditable record of transaction activity that cannot be forged or altered.
  • A store can issue different tokens on demand (e.g. specific tokens for the Christmas and Easter)
  • A store can implement specific rules of token issuance for a different kind of users
  • A store can manage fully manage issuance rules for different kind of products
  • Reducing costs. The Company can join an existing consortium instead of building its own platform.
  • Built-in decentralized exchange. Any token created on TokenD can be bought and sold immediately on the internal decentralized exchange by means of TokenD native offer mechanism. Projects do not have to rely on a third party exchange like Bittrex or Poloniex to list or make the market for them. This means you don’t have to trust someone to list your tokens.

Key Benefits for Customers

Secondary market trading

One application for different loyalty programs

Tokens can be:

Tradable

Transferable

Use cases

Christmas tokens

  • Store A issues Christmas tokens (XMAS) that can be redeemed untill December 25th.
  • Alice has some XMAS tokens, but not enough to redeem them.
  • She also has some tokens of Store B. Alice goes to an exchange and buy XMAS tokens for the tokens of Store B.
  • Now she has enough XMAS tokens to redeem them and get a Christmas present.

Parents tokens

  • Store A issues x2 tokens to everyone who has a child
  • Bob has a child and receives twice as many tokens as a regular user
  • Bob can exchange his tokens to the other stores that have a parents program
  • Bob can exchange his tokens to any other store with 0.5 coefficient

User flow

  • Alice installs a local store mobile app and performs a KYC.
  • Alice buys food for a $100.
  • Alice shows the QR code of her address to the cashier.
  • The Cashier scans her QR code.
  • After she paid for her purchase, the issuance request is sent to the system.
  • When she wants to redeem them she sends tokens to burn address

Admin’s Flow

  • Pre-issuance admin performs pre-issuance of the loyalty tokens
  • Issuance Admin uploads pre-issuance file to the system
  • Tokens are issued to Alice according to the request

Pricing Plan

Cloud Service

For fast start
  • Fast time to market
  • Low barrier to market entry
  • Priority support on demand
  • Full featured out of the box

In-house

For own infratructure
  • Fast time to market
  • Full featured out of the box
  • No additional license fees
  • Priority support on demand

How does TokenD can help your business?