UNIVERSAL REWARD PROTOCOL - MAKING SHOPPING EASIER

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1. INTRODUCE ABOUT UNIVERSAL REWARD PROTOCOL :

Hello guys, today I will tell you a very promising ICO project - Universal Reward Protocol. Universal Reward Protocol based on a research program from Ecole Polytechnique (UC Beresford) and UC Berkeley, the Universal Reward Protocol uses blockchain, IoT, and AI technology to transform loyalty programs and reward for ecosystem network.

The customers can finally enjoy all the benefits of the global rewards program, customizing their multi-channel clientele, mobility on all of their favorite retailers. All with the privacy of each customer is a priority and with full transparency of the blockchain technology.

The existing Problems

  • The issues lie within the framework of commerce and we all know it. The key to ringing the bell is lack of information. Do not get enough customer reminder information where they have no clue what they should keep in their store and what can make them. As a result, some retailers put resources into new channels, but it proved not all that success. After that, the thing is disconnected online. Online stores at times have the opportunity to actually collaborate with shoppers. Do it because it can, for disconnected or physically not have the opportunity to do it at all. Now and again they do not understand what they are looking for and starting a correspondence between them is difficult.

  • From that point onwards, we have a program of reward and dedication. Many retailers hold consistent programs and compensation projects to actually compensate customers. Here customers share their experience and cetera. A detailed information has shown that 77% of individuals needing solid projects must have customized rewards and 75% of individuals need to be paid for their commitment. Unfortunately, many retailers do not focus on these things because they are tedious, mind-boggling and expensive.

How does Universal Reward Protocol work?

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Universal Reward Protocol was a blockchain-based protocol that acts as an overarching infrastructure for dApps that analyzes shopping behavior. Universal Reward Protocol using the smart contracts, retailers determine behavioral conditions made by shoppers to earn rewards: PoB. Each dApp on URP defines a set of behaviors it can validate by producing PoB.

An dApp now called Occi will be integrated with the Universal Reward Protocol. Occi can produce Proof-of-Behavior related to in-store operations, using the combination of IoT and AI technology. This solution has been deployed among leading retailers, such as Carrefour, Auchan and Galeries Lafayette, and covers more than 100,000 square meters of retail space.

  • Shoppers earn rewards: Shoppers are rewarded with URP cards to share their data with retailers. He may share the fact that he has reached a point of sale, his geographic location in the house, his purchase, and so on.

  • Token acquisition: Retailers can get their URP token by offering exclusive and personalized deals based on data that shoppers decide to share with them.

  • Data Security and Transparency: The Universal Reward Protocol provides a blockchain-based ecosystem where shoppers take full control of their data while enjoying personalized incentives offered by retailers.

  • Buyer: Find a token for each of your interactions with retailers.

  • Through retail: Provide appropriate incentives for their buyers based on the data they share.

Universal Reward Protocol Solution:

  • Intelligent contract reward
    Each rewards activity will be handled by a Smart Award Contracts. Retailers can create new reward campaigns by filling out the Bonus Intelligent Contract form.

For example The retailers can reward shoppers to visit one of their stores twice in the same week. IoT sensor can act as an oracle for transactional authentication.

  • E-Wallet
    E-wallet allows shoppers to query loyal customer networks for rewards and redeem contracts at any time, check the balance in their wallets in the URP token, and edit security settings. their.

Universal Reward Protocol Technology:

There is an existing decentralized App called Occi which will be integrated with Universal Reward Protocol.
Occi is able to produce Proof-of-Behavior regarding in-store activity, using IoT and AI technologies.
Retailers such as Carrefour, Auchan, and Galeries Lafayette are utilizing this solution.

Some of the technologies that are being used by Universal Reward Protocol include :

  • IoT sensor
    IoT sensors powered by Occi using geolocation technology, already covering more than 100,000 square meters of top retailers space, publish the data securely on the blockchain. They are deployed inside a mesh network to make setup simpler and the data capture more robust.

  • Distributed Data Storage on a hybrid blockchain architecture.
    This enables shoppers to give consent to each data capture to guarantee data transparency. Sensitive receipt data is isolated between retailers, while navigation data is publicly available to all nodes.

  • Neural Net
    All data is fed to a deep-learning layer for further profiling and analysis, allowing the deployment of custom redemption offers tailored to individual needs.

Benefits of Universal Reward Platform:

  • It make security and transparency easy for shoppers.
  • It enable fast payment system.
  • It offer the best token service.
  • It has easy navigation within the ecosystem.
  • There is fairness to all retailers or buyers.
  • It uses cryptocurrency for payment method.

2. FINANCE:

- Token & Investment info:

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- Token Distribution

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3. A REVIEW ABOUT UNIVERSAL REWARD PROTOCOL :

- Universal Reward Protocol has a strong team:

The team of Universal Reward Protocol consists of the strongest technical skill members who have many years experiencing in blockchain and technology company. The development team of Universal Reward Protocol includes the most skilled members in management, technical, Data Science, the blockchain, marketing, IT, ... they have many years of experience in the areas in which they operate. The team is perfectly prepared to deliver an impeccable product to the global market. The Project team consists of 11 experts and engineers.

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In addition, they have an advisory board of world-class talents with 8 persons.

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- Universal Reward Protocol has a great idea, a well-built documentations, and website

  • The website at https://rewardprotocol.com/ Has a beautiful interface, eye-catching and easy to see, contains all necessary information about the purchase, exchange as well as the development direction of the project. It shows the professionalism of the Universal Reward Protocol team in project operation.

  • The Whitepaper detailing 53 pages of Universal Reward Protocol in English is available at https://rewardprotocol.com/wp-content/uploads/URP_Whitepaper-1.pdf It contains information about the project, the development team, roadmap, development direction, operation, and ICO. This Whitepaper is designed very nicely and the information is illustrated in detail. This illustrates the great effort that the Universal Reward Protocol team has put into this project.

- Roadmap

Universal Reward Protocol has a brief but clear Roadmap

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- In cooperation with:

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4. INVEST:

If you want to invest in Universal Reward Protocol, this is a good time to invest. Join immediately, before all the tokens are sold out.

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You can take a closer to Universal Reward Protocol by a look at the following links:

Website: https://rewardprotocol.com/
Whitepaper: https://rewardprotocol.com/wp-content/uploads/URP_Whitepaper-1.pdf
Twitter: https://twitter.com/RewardProtocol
Telegram: https://t.me/UniversalRewardProtocolOfficial
Medium: https://medium.com/@RewardProtocol

Author

Telegram: https://t.me/TranTran93
Bitcointalk username: kropelos93
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1903432
Email: [email protected]
My ETH Wallet: 0x373a1660005001A8f87d4003C61b8B41E167C06f

Bounty0x username: truong
This article was created in exchange for a potential token reward through Bounty0x

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Wow, this is a great ICO project, It was hard to buy this ICO