Hello to all. We return to reviewing the amazing project Digital Bits. In this article, I would like to draw your attention to the main idea of the project “Loyalty programs on blockchain”. I sat down to study the issue of the market of loyalty programs and were very surprised. Any business, any bonus program is the loyalty program to customers. What does the potential of the “Blockchain loyalty program” mean is huge.
There are many varieties of loyalty programs already working with clients, for example, Purchase bonuses, multi-level customer incentives, and many others. The implementation and development of such programs is a very complicated issue that needs attention. However, the project we are considering gives us the opportunity to simplify the creation of loyalty programs for your small and medium-sized businesses. I can not say that airline companies are ready to use Blockchain today.
In your small or large hotel in a few clicks, you can enter a loyalty program for your customers. That will improve the rating of your service, and possibly attract more new customers, unlike companies that do not have such a system. I think each of us gives preference to such companies that give us something in return.
Digital Bits Market
Food retail for 2011 accounted for 57% of all loyalty programs (Wikipedia), 47% of banks, 34% of Pharmacies. We keep on how developed the market was in 2011. Now it is already billions of dollars. And each company is fighting for new customers. Therefore, in this competitive market, Digital Bits looks like an interesting innovation. Perhaps the first step in the future economy (because the cryptocurrency takes up more and more space in the global financial markets)
The project conducted its market research and expressed a desire to occupy 33% at the initial stage (from the USA market). Digitalbits loyalty programs should receive approximately $ 18 Billion dollars. This amount is easily available if these programs will use small and medium businesses throughout America.
Additional use
Since the project builds its own blockchain using the XDB token it becomes more spacious. The project has identified several interesting points such as Gaming Assets and Payment Token. All this suggests that the project can be developed in many directions without constraining yourself with any framework. And even if loyalty programs do not have much success, this token can be applied in other areas.
Conclusion
The project looks very cool. I've been following it for a long time. I also like the main ideas. The project has excellent documentation. Which shows the high level of the company. There is a real idea that you can do. And the very own Blockchain is an excellent solution. Makes the project independent.
Сontacts
🔊 Website: https://www.digitalbits.io/
🔊 Pre-sale: https://www.westart.co/project/digitalbits-presale/project
🔊 Whitepapers: https://storage.googleapis.com/westart-files/digitalbits-pre-sale/DigitalBits_Whitepaper_2_2.pdf
🔊 Twitter: https://twitter.com/DigitalBitsOrg
🔊 Facebook: https://www.facebook.com/DigitalBitsOrg/
🔊 Bitcointalk: https://bitcointalk.org/index.php?topic=5026550.0
🔊 Telegram: http://t.me/digitalbitsdigitalbits
🔊 Bounty thread: https://bitcointalk.org/index.php?topic=5112064.0
Autor
Bitcointalk Galantin
Bitcointalk links https://bitcointalk.org/index.php?action=profile;u=2299006
Wallet 0x61F7C0C58CE5b94c416F2dBE98396553d07346F1
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