Introduction to ASSEMBLE ProtocolsteemCreated with Sketch.

in asm •  4 years ago  (edited)

Hello :) ASSEMBLE Protocol is a blockchain-based global point integration platform that utilizes its own utility token ASM, a business that can integrate, utilize, and monetize existing points and mileage to point providers, consumers, and affiliates. Build an ecosystem.

Evolving consumer market


As consumption demand spreads from offline to online, distribution channels are also changing every moment. The market is not simply separated into offline and e-commerce, but various distribution channels are emerging as the platform is changed according to the age, taste, and lifestyle of consumers.

In line with this trend, payment methods are also evolving. Consumers can purchase goods and services, from cash to card and mobile payments, and use points awarded to choose their preferred payment method.

Point market


The global point market is growing rapidly every year. Today, point services are used in various industries for marketing and customer acquisition to increase sales. The Korean point system was first introduced by Korean Air in 1984. As of 2019, the Korean point market is estimated to be about 20 trillion won, and it is showing an increase of more than 10% every year. In fact, as of 2017, the total mileage points paid to customers by domestic credit card companies amounted to KRW 2.99 trillion.

Companies need additional marketing costs to promote or maintain the point system introduced for marketing purposes. As a result, points are not recognized as goods of equal value. As a real case, it was recently revealed that the market price of card points that are not used and extinguished by domestic card companies reached 100 billion won.

ASSEMBLE Protocol


ASSEMBLE Protocol is a blockchain-based global point integration platform. Assembling connects point providers (corporates) with consumers and affiliates (corporates and consumers) to remove integrated points, various usages, and expiration date so that points can be used as goods of equal value.

Point providers can establish advertising strategies by building data infrastructure within the assemble platform. In addition, marketing synergies can be achieved by securing new customer inflow channels. Consumers can view points at a glance through the assemble platform, convert existing points to ASM, ASP, convert them into cash, or purchase products.

Combination of points and blockchain


Point assetization

You can securely trade tokens and gain credibility by tokenizing points using blockchain technology. Points can be cashed in real time through PX, the assemble protocol's own exchange.

Expandability to the global market

Digital assets issued with blockchain technology are based on the value of the asset, solving the problem of exchange rates and fees. Therefore, the problem of transmission speed can also be solved because the point network that was scattered around the world uses one blockchain network.

Cost saving

It takes a lot of time for companies to build point services. By using tokens issued on the blockchain, you can save money and time in building security systems and operating systems.

Roadmap


3rd-4th quarter of 2019

● Team building

● Service and application concept construction

Q2 2020

● White Paper Presentation

● Style.com partnership

● Club Pass partnership

Q3 2020

● Released ASSEMBLE Wallet

Q4 2020

● Completed development of ASSEMBLE Point Exchange

● Completed development of ASSEMBLE MarketPlace

1st quarter of 2021

● ASSEMBLE web version launched (Window/Mac)

● Plug-in development of partner company completed

2nd quarter of 2021

● ASSEMBLE mobile version launched

ASSEMBLE Protocol


The ASSEMBLE Protocol utilizes its own utility token, ASM, to provide a blockchain-based point integration platform to point providers and customers, and connects consumers with sufficient purchasing power to affiliated stores. , It is a virtuous cycle business ecosystem that benefits all affiliates. ASSEMBLE Protocol paid attention to the problem that consumers cannot consume points due to lack of usage, even though the global point market is growing rapidly every year.

Assemble provides consumers with a service that allows them to use points as cash anywhere in the world without any time and space constraints, and provides companies with additional business expansion opportunities and a diverse user pool. Style.com, Clubpass, and YWMobile are key partners of assemble, and assemble will create an ASSEMBLE ecosystem that coexists with partners and establish itself as a blockchain project that is widely used worldwide.

Blockchain-based global point integration platform
Get a variety of information about the assemble protocol on social media channels!

Reference


Website: http://assembleprotocol.io/
Whitepaper: http://assembleprotocol.io/paper/assemble_whitepaper_ver1.0_ENG.pdf?200820
Bitcointalk ANN: https://bitcointalk.org/index.php?topic=5272762
Telegram: https://t.me/assembleprotocol
Twitter: https://twitter.com/ASSEMBLE_io
Facebook: https://www.facebook.com/Assemble-Protocol-102092401488638/?modal=admin_todo_tour
Reddit: https://www.reddit.com/r/ASSEMBLEprotocol/


Author By leogamdrid

Bitcointalk Profile : https://bitcointalk.org/index.php?action=profile;u=2650080

Ethereum Address : 0x55f1B73FcFfdFd69fC1b8b7E138628191840e5ec

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!