{"id":3298,"date":"2022-03-05T18:36:00","date_gmt":"2022-03-05T18:36:00","guid":{"rendered":"http:\/\/smart.onlinesarafi.com\/index.php\/2022\/03\/05\/loyalcoinwhitepaper\/"},"modified":"2022-03-05T18:36:00","modified_gmt":"2022-03-05T18:36:00","slug":"loyalcoinwhitepaper","status":"publish","type":"post","link":"https:\/\/smart.onlinesarafi.com\/index.php\/2022\/03\/05\/loyalcoinwhitepaper\/","title":{"rendered":"LoyalCoin\tWhitepaper"},"content":{"rendered":"<div readability=\"95.057074595169\">\n<p>Appsolutely, formed in 2013 in the Philippines, has launched digital platforms and<br \/>mobile apps that have enabled companies of all sizes, including some with top global<br \/>brands, to rapidly expand market share and accelerate growth by providing richer,<br \/>more satisfying customer experiences through loyalty and rewards programs.<br \/>Building on our expertise in loyalty and rewards programs, we are launching a new,<br \/>unified customer loyalty ecosystem that uses blockchain technology as the backbone<br \/>and the LoyalCoin digital asset as the medium of exchange. With these innovations,<br \/>we are eliminating the customer loyalty programs\u2019 limitations we currently encounter,<br \/>such as public confusion about the different mechanics of each loyalty program,<br \/>difficulties in points exchange, lack of user engagement, and more. Removing these<br \/>problems will accelerate the formation of a more cohesive, cooperative, and<br \/>competitive customer loyalty industry.<\/p>\n<p>The launch of LoyalCoin will involve commitments from entities who will have the<br \/>digital asset and use it for consumption, operational, and\/or other purposes.<br \/>Participants in this new ecosystem will drive the new loyalty economy with their<br \/>activities and financial support for the scaling of our platform. For instance, in the<br \/>consumption-driven emerging economies in Asia, the spread of a unified, proactive<br \/>customer loyalty system can usher in more customer retention for companies, who<br \/>will then boost their top and bottom lines. Mass adoption and economic activity from<br \/>this dynamic loyalty environment will be the engine that can add value to each<br \/>LoyalCoin.<\/p>\n<p>Simply put, by replacing the limited reward points in the current customer loyalty<br \/>setup with a blockchain-backed dynamic currency that supports increased<br \/>participation between customer and brand, we can unlock the full potential of<br \/>rewards programs and increased value for participants in this revamped loyalty<br \/>ecosystem.<\/p>\n<p>In the succeeding parts of this whitepaper, we will illustrate the roles that our<br \/>company, the technology, and the digital asset will play in this new ecosystem, as well<br \/>as the value proposition of LoyalCoin as an important part of building the new loyalty<br \/>economy we envision.<\/p>\n<p>TRACK RECORD<br \/>Our proprietary technology for white label digital loyalty apps allowed us to launch<br \/>the country\u2019s first mobile-based customer loyalty system in 2014, a crucial<br \/>development given that the nation is one of the world\u2019s most savvy and active when it<br \/>comes to mobile services, particularly apps and social media.1<br \/>This technology has opened opportunities for business collaborations with companies<br \/>in multiple industries, as well as international recognition. We became the trusted<br \/>loyalty system provider for our home country\u2019s biggest brands. Our work in the digital<br \/>loyalty space has won us the Best Technology Investment Award2 in 2015 at the<br \/>Technology Investment Conference organized by Software Park Thailand.<\/p>\n<p>THE OMNICHANNEL FUTURE<br \/>Companies worldwide have set out to aim for an omnichannel rewards strategy that<br \/>shows consistency in service, branding and customer experience, regardless of where<br \/>brands and consumers meet. An omnichannel reward program is a lofty goal, one that<br \/>involves a huge amount of collaboration among brands and the channels by which<br \/>they connect. Difficulty increases as more channels are added and companies enter<br \/>into agreements to arrange rewards and promotions.<br \/>Given our extensive experience in addressing brands\u2019 needs for reaching out to<br \/>customers, we are uniquely positioned to understand, develop and implement a widereaching platform that allows for a universal loyalty points system, which is a fundamental concept for the LoyalCoin tokens we will be issuing.<\/p>\n<p> <a href=\"https:\/\/web.archive.org\/web\/20190425134323\/https:\/\/loyalcoin.io\/\" rel=\"noopener noreferrer\"> LoyalCoin\tWebsite <\/a> <br \/><a href=\"https:\/\/web.archive.org\/web\/20190425134323\/https:\/\/loyalcoin.io\/\"> LoyalCoin\tWhitepaper <\/a><br \/><strong><\/strong><\/p>\n<p>Social<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Appsolutely, formed in 2013 in the Philippines, has launched digital platforms andmobile apps that have enabled companies of all sizes, including some with top globalbrands, to rapidly expand market share and accelerate growth by providing richer,more satisfying customer experiences through loyalty and rewards programs.Building on our expertise in loyalty and rewards programs, we are launching [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3298","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/3298","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/comments?post=3298"}],"version-history":[{"count":1,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/3298\/revisions"}],"predecessor-version":[{"id":3299,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/posts\/3298\/revisions\/3299"}],"wp:attachment":[{"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/media?parent=3298"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/categories?post=3298"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/smart.onlinesarafi.com\/index.php\/wp-json\/wp\/v2\/tags?post=3298"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}