GABROTECH – Connecting Loyalty Rewards Program with Blockchain

in blockchain •  6 years ago 

Introduction
GABROTECH is a Decentralized Blockchain Platform where they are solving the difficulties of Loyalty Rewards Program Market. On an average each household enrols around 25 Loyalty Program Operators(LPO). In Loyalty Program Market, customers are frustrated because they do not have enough points to redeem the goods they want, and these points will get expire after some time which become worthless. On the other side, Loyalty Program Operators making difficult for members to transfer points between one another and setting up barriers of ‘Blockout Dates’ – where travel rewards and other discounts are not available.
So, GABROTECH is come up with their decentralized platform to eliminate these inefficiencies by enabling users can manage their accounts to easily track and verify the number of tokens being traded or used.

GABRO Platform
GABROTECH is come up with their unique 6 in 1 solutions in the Loyalty Rewards Program Market.

  1. GABRO Digital Wallet 2.0
    This is a multi-currency wallet where it allows users to store their supported digital assets in a secure and safe environment. Here users enjoy the convenience of managing different digital assets securely at their fingertips.
  2. GABRO Token
    GBO is a utility token, designed to work within their ecosystem. When users start using their wallet through spending, conversion or referrals to friends, they get rewarded with GBO token instantly. For Merchants, it serves as a payment mechanism. For Users, it serves as to unlock special discounts and to exchange reward points under the platform.
  3. GABRO Pre-paid Card
    This will allow users to spend at more than 30 million merchants and withdraw money from 2 million ATMs worldwide. To own this GABRO Card, user can place the request directly the GABRO Wallet App or website. Users have ability to order virtual card or a physical card.
  4. Multi-Currency Conversion Engine (MCCE)
    MCCE is a protocol system where it utilizes liquidity pool of the platform to rapidly convert any blockchain asset to fiat currency at market value in real-time.
  5. O2O Analytics Platform
    This is for a campaign performance evaluation. Merchants can design their own campaign to drive online traffic to their physical store through API. On the side, End-users can receive real-time offer notifications from the merchants based on their credential details like interests, demographics and spending behaviour.
  6. Loyalty Central
    This will allow users to convert their rewards from one brand to another. Customers can select their favourite loyalty program from drop-down menu and they can also exchange GABRO for reward points with other merchants. This will all performed through their Digital Wallet 2.0 App.

The Team
Andy Chen – Chairman – He has worked in many reputed companies like Capital One, Accenture, BCGrand Credit Suisse. For the last 20 years, he has advised many corporations on digital strategy and transformation. He has a master’s degree from Imperial College and has completed a Quantitative Finance program at Stanford University.
Kim Mak – CMO – Kim has over 20 years’ digital marketing and credit card industry experience. He recently partnered with one of the largest digital asset platforms to promote ICO and token trading. Previously, he worked as Head of Business Development and Head of Account Management at a Nasdaq-listed digital marketing company.
William Chan – CTO – Chan has almost 20-year career on the development of innovative solutions in the commerce and payments arena. He started his career as a Java card developer to build and architect secure mobile solutions for banking and stock trading applications.

Token Matrix
Token – GBO
Total Token Supply – 1,000,000,000 GBO
Token Price – 1ETH = 5000 GBO
Accepting Currency – Ethereum (ETH)
Hard Cap – $50M USD
Token Sale – 31st July to 31st Aug 2018

Social Media Reach
Twitter – 396 Followers – https://twitter.com/gabrotech
Telegram – 4480+ Members – https://t.me/Gabrotech

Verdict
The Social Media hype is low, but they are very much active on their Telegram Group.
There are 7 core members in a leadership team who are having experience of working in many fields like E-Commerce, Loyalty Marketing, CRM, Finance, Digital Marketing, Software Development etc. They previously worked with such some reputed companies like Citi Bank, Blackstone Group, American Express, Standard Chartered Bank and Bank of China.
They have 4 advisors on board who are having experience in Finance, IT and Blockchain Technology.
The Website and Whitepaper is explained very well in detail which is easy to understand.
The Roadmap is provided with the required information till 2020. The MVP available on their website in a demo version and about to launch in December 2018.
They have partnered with 4 reputed companies such as Deloitte, Adpost, China Unicom and Espeo Blockchain.

For Detailed Information
Website – https://gabrotech.io/
Whitepaper – https://cdn.shopify.com/s/files/1/0067/8313/9898/files/Whitepaper_LongVersion_Portrait_v16.pdf?8625877591840302090

Bitcointalk Username – ritikagupta
Bitcointalk URL – https://bitcointalk.org/index.php?action=profile;u=1375471
ETH Address – 0xA6119b0AF2EC4A3e8A64f8ADA1dBF152f06eC392

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!