About Gabro
Under
this new “open loop” decentralised scheme, merchants could ask Gabro
to issue their own branded Merchant Token only to their target segments, thereby
creating a much higher possibility of customers using them. Loyalty operation
costs would be much lower for the merchant than if they set up their own
system. Merchants also benefit from increased sales resulting from greater
customer loyalty and stickiness, with added insights from using our O2O
analytics platform.
Institutional
buyers
The
institutional buyers (e.g. credit card companies) benefit from a reduction of
balance sheet “liability” as there are now many more redemption options in
addition to just air miles. Furthermore, no single LPO can dictate the price of
the reward points. As a result, utilisation of our Gabro token would be much
higher and fewer “accruals” need to be made.
Value
proposition for different stakeholders
remembering different conversion rates and rules (e.g. black out
date orexpiry), they also avoid costs arising from conversion fees and various
other “cash + points” options. Customers can redeem a
full flight or hotel night much more easily with the usage of idle reward
points from one program to top up another.
Even when not needing to redeem points, the Gabro members can take
advantage of the upsurge in prices for the Gabro
utility token as our scheme expands globally. So rather than keeping air miles
(which do not earn interest) and taking the risk that unredeemed miles could be
purged, Gabro members now have a choice to switch to other digital assets, use
their Gabro prepaid card to spend on over 30 million merchants worldwide or
withdraw cash from the ATM.
This white paper discusses our newly bundled Gabro digital wallet
2.0, where we have combined our digital loyalty program, marketplace and payments
in our multi-currency wallet.
Almost USD 500 billion’ worth of retail loyalty points that could
be spent on flights, holidays, rented cars or groceries are sitting idle in
forgotten cards in wallets.
Merchant /
Loyalty Programs Partner Values Proposition
GBO User’s Benefits
·
Digital assets value’s
inflation, user could redeem more by comparing existing loyalty point’s value.
·
GabroTech loyalty platform
expansion, user could redeem / exchange different desired loyalty program
assets (e.g. air tickets, hotels nights, retail vocher, etc.).
USE
CASE
In
summary, customers can exchange, swap or trade the points freely. Rewards can
be used to top up pre-paid card. Try our prototype on gabrotech.io
Case 1: Flight redemption
John wants to redeem an air flight ticket to go to Hong Kong from
London. When he looks at his air mileage loyalty program, he finds that his
points are insufficient for a ticket redemption. He has two options: he can
either pay cash to buy outstanding points, or use his credit card to purchase
items to earn points and thereafter, convert the points to mileage. These
options are both costly and take a lot of time.
Case 2: Funding travel with Cryptocurrencies and Cross-Border
Online Shopping in Cryptocurrency
Winnie
is a bitcoin investor who enjoys travelling and
shopping online. She finds it difficult to convert her bitcoins to fiat
currency when she is overseas or when she wants to shop online.
Case 3: Inbound Remittances and Cross-Border P2P Payments
Andy is an investment banker and a frequent traveller. He uses his
bank’s service to transfer money and finds it hard to have a consistently positive
experience when moving money locally and overseas. Despite living in a
globalised and networked world, the process of transferring money from one
place to another can sometimes still be rather troublesome. Andy’s complaints for overseas money transfers
through a bank include: unfavourable forex rates, lengthy transfers,
overly-complicated processes and high bank transfer fees.
Our Solutions
Our unique 6-in-1 solution is designed to solve the pain points
described in the last section. At Gabro, we are passionate about resolving
world issues using technology. After thousands of man days in R&D and
product testing, our development team now has a solid plan to build out our
prototype (or Alpha version) and go into production.
Doing this on the blockchain means anyone can see and verify
transactions and check the token supply.
Just like what is commonplace in conventional banks and the
pre-paid market, our team is making all digital assets spendable in real time
via the Gabro digital wallet and Gabro Card.
Our cutting-edge technology securely stores multi-blockchain
assets while making the assets spendable through customers’ smartphones or
Gabro Cards.
For more information :
Website
: https://gabrotech.io/
Whitepaper
: https://cdn.shopify.com/s/files/1/0067/8313/9898/files/Whitepaper_LongVersion_Portrait_v21.pdf
Telegram
: https://t.me/Gabrotech
Twitter
: https://twitter.com/gabrotech
Author
:
Ardiansaja
0x42698392A96EF9DB4bC17bc8bd3852Bf89418b4f
No comments:
Post a Comment