Wednesday, September 5, 2018

Gabro Review


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 :

Author :
Ardiansaja
0x42698392A96EF9DB4bC17bc8bd3852Bf89418b4f

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