Gatcoin - ICO : Blockchain Rewards Program for Mainstream Retailers

What do you know about blockchain or string clusters? When you ask this question to the general public of different cultures, you will find a large number of innovative answers that are irrelevant. Blockchain is still vague in the eyes of many non-specialists and noncomers, and those who are interested in visiting technical and economic sites may come close Their answers are in fact, all around the digital currency Bitcoin, which first appeared in 2009 and behind it the concept and technology Blockchain, which introduced its theory and concept for the first time also in 2008.

But does the block series or Blockchain other uses not relate to the digital currency of your home? To answer this question we first have to take a quick look at the meaning and concept of this technology. From this we will learn about the latest tools to use Blockchain, which was developed by one of the startups that we will discuss in detail in this article

According to Bluxix, blockchain technology was created by a person or group of people who used the name Satoshi Nakamoto. Their theory of innovation was first introduced in 2008. The site describes it as a way to transfer and distribute data without copying or keeping it. "Blockchain" is known as a digital general ledger that records all transactions of encrypted digital currencies. This technology allows participants to follow the movement of these transactions without retaining any copies or records. QuinnDisc is similar to the famous Wikipedia site, Where is the book Wikipedia has modified the pages on the servers of the site management, and the author can not, despite that participation to keep a copy of what he modified. For Wikipedia itself, Blockchain describes it as a distributed database with the ability to manage an ever-growing list of records (blocks) that can not be modified after being saved and copies are not allowed.

Blockchain is a method used to transfer data in a secure, confidential, encrypted and decentralized way, allowing modifications to be made across the group of participants without allowing them to see the rest of the transactions and modifications by others. Encrypted, but because it is a means of data transfer (ie data) and therefore can be created by other applications, and the latest innovation is the GATCOIN platform, which we will learn in the coming.

GATCOIN is the name of an emerging company that has created a platform of the same name, a platform that will combine Blockchain technology with Mobile Targeting Technology to create a new environment that will connect retailers, their customers and customers, whether retaining existing customers or attracting new customers.

The idea of ​​GATCOIN came to the minds of its creators for their desire to find a new way to achieve the difficult equation with regard to reductions and discounts and gifts of constituents of so-called loyalty programs, a system followed by retailers to maintain their customers and their current customers, but this system is unable to achieve the equation of interest to the client offer Reduction or discounts on the one hand, achieving profitability goals for companies and traders on the other hand, here comes the importance of GATCOIN.

The new platform has created a system based on Tokens, which are traded through Blockchain technology. The new system allows the GATCOIN team to create a way for traders to use token currencies to deliver unique offers to a large number of customers without the need for complex ways and means The team divided its currency into several groups, including cash, cash Tokens, discount Tokens, loyalty program points, Loyalty Tokens, Gift Tokens, Used in a large number of stores worldwide in Travel Tokens.

According to TNW, the new platform is supposed to be tested on the Japanese SK Planet, which it plans to distribute to nearly 60,000 Japanese retail stores, an experience that could lead to more success in the disappearance of the coins and paper we know and rely on virtual currencies and applications In our daily physical transactions such as buying goods and paying the value of services.

Do you think dear reader that the future of Blockchain technology and the resulting virtual currencies? Share your opinion and vision.