What is Gatcoin?
Gatcoin is just a computerized wallet for your telephone where you can deal with every one of your coupons, rewards point and so on in a place. These prizes focuses being overseen in the advanced wallet are alluded to as dealer token in which blockchain is utilized to ensure holders never lose any focuses you have. Presently on the off chance that you have any focuses from stores or shopping centers which you don’t visit regularly or better still you lean toward something different as opposed to the reward point, Good news for you. With gatcoin, these vendor tWhat is Gatcoin?
Gatcoin is just a computerized wallet for your telephone where you can deal with every one of your coupons, rewards point and so forth in a place. These prizes focuses being overseen in the computerized wallet are alluded to as trader token in which blockchain is utilized to ensure holders never lose any focuses you have. Presently in the event that you have any focuses from stores or shopping centers which you don’t visit frequently or better still you incline toward something different as opposed to the reward point, Good news for you. With gatcoin, these trader tokens can be utilized to exchange at markdown for different retailers.
With Gatcoin, you dont must be a blockchain master keeping in mind the end goal to have the capacity to issue their own marked reward. Gatcoin has essentially made an answer for this so unique brands can issue private marked prizes. Gatcoin essentially fill in as that interface which oversees and disseminate your tokens. It doesnt end there. In Gatcoin, vendors can send tokens straightforwardly to every others wallet in light of elements like their area, socioeconomics and way of managing money which is causes clients to try and acquire remunerate before going by the dealer. So essentially, gatcoin changes customary discout couons, steadfastness focuses and shopping vouchers into fluid, tradable fluid tokens.okens can be utilized to exchange at rebate for different retailers.
With Gatcoin, you dont must be a blockchain master to have the capacity to issue their own particular marked reward. Gatcoin has just made an answer for this with the goal that distinctive brands can issue private marked prizes. Gatcoin essentially fill in as that interface which oversees and disperse your tokens. It doesnt end there. In Gatcoin, dealers can send tokens straightforwardly to every others wallet in light of elements like their area, socioeconomics and way of managing money which is causes clients to try and gain remunerate before going by the vendor. So basically, gatcoin changes conventional discout couons, unwaveringness focuses and shopping vouchers into fluid, tradable fluid tokens.
About Token sale and distribution
The GAT Coin may be a transferable ERC20 token that may be issued and transferred over the most Ethereum network. in contrast to several alternative blockchains that exist to perform one specific set of functions (such as recording the transfer of crypto-coin from one owner to another), the Ethereum blockchain was designed to be entirely “programmable”. What this suggests in plain English, is that whereas normal blockchains like Bitcoin record straightforward possession transactions (hence the widespread analogy of blockchain as a kind of electronic “ledger”), the Ethereum blockchain records computer code that may be run like all alternative program that may unremarkably reside on your computer. So, instead of merely requesting the Ethereum blockchain to record straightforward possession transfers of crypto-coin, users of the Ethereum blockchain will style and deploy miniature programs into the blockchain itself. These programs, that area unit replicated over thousands of nodes, will then perform any variety of functions, from running a straightforward “ledger”, to a lot of advanced functions like following the movement of inventory through a world offer chain.
HOW GATCOIN WORKS
GATCOIN provides liquid, tradable, shopping incentives for the mass retail market. We are a distributed retail shopping platform where any merchant can create their own branded digital tokens and airdrop them to a target audience anywhere in the world. Tokens will replace traditional loyalty points, discount coupons and gift vouchers, and can be traded freely on our GAT Exchange.
GATCOIN’s Targeted A-Drop technology allows merchants to send digital tokens to their customers based on demographics, spending preferences and geo-location. This gives retailers unprecedented power to target audiences in real-time with real crypto currency rewards for store patronage. GATCOIN will initially launch over a retail network of 60,000+ stores and 21 major global brands in Asia in 2018 through SK Planet Japan’s social gifting program.
TECHNOLOGY
Product Tokens and Merchants will transact on big super high ledger (SLL) led by consortium traders and GATCOIN. The SLL technology was developed by Professor Wei-Tek Tsai, Professor Emeritus at Arizona State University, and demonstrated to IBM, AWS, SAP and the Ministry of Industry and Information Technology of China (MIIT). Test results that operate on 4 nodes using the IBM 4 x86 processor produce an average verified transaction speed of 5,000 transactions per second (TPS) which is equivalent to the average processing speed of Visa / Mastercard.
SLL technology uses a byzantine patriental tolerance architecture (CBFT) that allows the system to process multiple consensus block operations simultaneously. The system also splits blockchain into separate A-blockchains (for accounts) and T-Blockchains (for trade) to allow for further optimization, such as load balancing.
GATCOIN ROADMAP
MEET THE TEAM
LINKS TO GATCOIN
Official Website : https://www.gatcoin.io/
Whitepaper : http://www.gatcoin.io/wp-content/uploads/2017/09/GATCOIN_Whitepaper_ENG-1.pdf
Facebook : https://www.facebook.com/gatcoinofficial
Twitter : https://twitter.com/gatcoin
Telegram : https://t.me/gatcoin
Author: TheMichaelMatch
My BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1326035