Sandblock: Redefining the customer-merchant relation in a decentralized way

zeeshan003 (53)in #ico • 6 years ago

We have seen many blockchain applications recently serving multiple purposes. Sandblock is utilizing blockchain technology in a different way. It is focusing on a working relationship between customers and merchants where both parties equally get benefits. The relationship between the two are redefined by building a decentralized protocol to bring balance between the two. The protocol’s main purpose is to satisfy both customers and the business-owners. Primarily, customers are ensured privacy while the merchants are ensured anonymity. Sandblock ecosystem solves programs reward points. The SAT coin and the blockchain technology are efficiently utilized to serve this purpose. Businesses can create their own tokens to be used as vouchers, loyalty points and coupons for the customer. These tokens can be used in multiple ways; either be traded or used as a currency at the platform.

Sandblock mobile app

To make the ecosystem more convenient a mobile app has been developed which will ease up the tasks for the users. The customers will use this app to earn tokens through the marketplace available inside the app. They can also use them as a source of barter as well. The use is not limited to these activities. The purpose is to make the customers use blockchain and crypto to its full potential. Similarly, merchants have their own use on the platform. They are promised anonymized data of customer’s behavior which ultimately proves beneficial for the businesses in devising a customized marketing policy. Data is the new oil and relevant data is more than the oil. The benefits are unlimited for the merchants as well. The goal is to fetch them more customers and the plan is feasible and efficient.

The satisfaction protocol

Sandblock ecosystem uses satisfaction protocol to connect customers and businesses. Below are few of the features of this protocol:

The protocol helps to develop seamless communication between the two parties based on smart contracts. The smart contract makes the whole process automated which means it automatically executes transactions on meeting the defined points. · We have read above about the provision of anonymized data to the businesses.
We will figure out how. The data is encrypted, on extracting the data there are restrictions. You can extract it without compromising the personal information of the customer. So that Sandblock work credibly for both the participants.
The protocol rewards customers autonomously. It engages the customers through surveys, loyalty programs, games, polls and contests through its mobile app. This way the customers remain engaged to the brands which eventually helps them form a long term business relations. Sandblock covers all the necessary aspects to create a win-win situation for both.