In a bid to develop a long-lasting relationship between business owners and customers, Loyalty and reward Points programs are now being used by companies as the best tool to achieve this aim. Not only does this ensure a long-lasting relationship between business owners and customers but it also repeatedly engages the customers and allows them to continuously prefer using the products and services being offered by the company than same products from other companies.
The Problem
Despite the numerous potentials embedded in the loyalty and reward points programs, it has been noticed that just only few of this potentials are being used. The reason being that customers are v=being faced with problem of sudden change in program rules or rewards and also several barriers being experienced before accumulation and redeeming of points which leads to a lot of frustrations by customers. Also, most LRP programs are not portable and transferable thereby hindering customers to exchange their accumulated points for other points of their choice.
Introducing the Solution: Digitalbits
Digitalbits is a blockchain based platform that allows easy tokenization of assets via a transaction and trading layer for the point economy.
DigitalBits platform already has a very good running case which is HotelBrand which is interested in the blockchain based solution that is being offered by Digitalbits. Hotelbrand has also recognized the importance of consumer-centric LRP program in order to increase their reach globally. They have about 30million customers and also 40 billion circulating points and are looking forward to increasing their potentials, hence, their integration with Digitalbits platform.
The picture below illustrates the use-case of Hotelbrand as they create and use their native token (Hotelbrand Tokens on DigitalBits Blockchain)
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DigitalBits Network Overview
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Conclusively, DIgitalBits have proved beyond all reasonable doubt that it is more than capable of facilitating the implementation of new technologies which in no doubt will improve to a great extent the rate of adoption of the blockchain technology. Also with the other exclusive features and the convenience of using the platform by the masses, then this project will definitely be among the best ever blockchain projects in existence.
For more information and enquiries about DigitalBits platform, kindly check the links below;
/WEBSITE/WHITEPAPER/LIGHTPAPER/ANN THREAD/TELEGRAM/FACEBOOK/TWITTER/LINKEDIN/
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