Gabrotech ICO: Democratise Loyalty Rewards Using Blockchain

GABROTECH is a Decentralized Blockchain Platform where they are solving the difficulties of Loyalty Rewards Program Market. On an average each household enrols around 25 Loyalty Program Operators(LPO).

In Loyalty Program Market, customers are frustrated because they do not have enough points to redeem the goods they want, and these points will get expire after some time which become worthless.

On the other side, Loyalty Program Operators making difficult for members to transfer points between one another and setting up barriers of ‘Blockout Dates’ – where travel rewards and other discounts are not available.

So, GABROTECH is come up with their decentralized platform to eliminate these inefficiencies by enabling users can manage their accounts to easily track and verify the number of tokens being traded or used.

Gabrotech is a next-generation network based on the Blockchain 2.0 technology for sharing digital assets and a platform for creating and managing decentralized apps and services in real-time.

Gabrotecg is indeed a straightforward reward market platform carved to run within its banking framework and structured to meet FinTech and crypto-business needs in aspects that has to do with cryptocurrency market, financial remittance, payment for goods and services.

The level of security and transparency of the gabrotech project is basically impeccable. It makes use of Smart contract in the course of regulating the procedure of blocking, the return or liquidation of such blocking.

The use of smart contracts is to procure the fulfillment of the obligations on the platform, this is done solely to protect the investments for the owners of crypto assets and fiat funds simultaneously.

The loyalty rewards program market is worth an estimated usd 500 billion, with each household enrolling in an average of 25 programs. However, the actual utilisation of rewards points varies from 10% to 80%, depending on sector.

More than five billion transactions per day, no more than three seconds to validate a transaction, Gabrotech comes with it objective to bring about an easy and convenient means of payment from different part of the world in the course of their daily transaction.

Gabrotech Wallet

Gabrotech.io Wallet 2.0 is the first loyalty crypto wallet designed for consumers to conveniently convert their unused loyalty points to cryptocurrency (Gabrotech.io Coin) in order to instantly redeem their preferred services, discount coupons, loyalty points, air tickets, hotel rooms, etc.

Gabrotech.io Wallet 2.0 also allows users to set their redemption targets and personalise their notifications according to the amount of points needed for various redemption levels. Gabrotech.io Prepaid Card allows users to earn a 0.1% reward for every purchase they make.

This incentive will be transferred to the user in the form of Garbo coins, which additionally gives them the opportunity to become Gabrotech.io coin holders and benefit from a potential upside in coin value.

Decentralized real-time applications that are operated like regular web services and developed with the help of any programming language including C ++, PHP, Solidity and others. Gabrotech wallet is an evolution of Smart Contracts and can be used to decentralize any service.

These are independent programs that can exist forever and do not belong to anyone. They work exactly as programmed and cannot be tampered with by third parties.

GabrotechCoin is used to ensure the reliability of the network, exchange services and regulate its self-financing and development. It secure protected by 5 different consensus algorithms decentralized anyone can add transaction nodes to the GABROTECH network .

Token Matrix

Token Symbol: GBO
Total Token Supply: 1,000,000,000 GBO
Hard Cap: $50M
Token price: 1 ETH buys 5000 GBO
Accepting: Ethereum (ETH)
ERC20 Token: Yes

Conclusion

Merchants and brands on the platform are provided with the analytics services. They can manage the presence and distribution of their products. Providing different tools for optimization to boost the sales of the products will help the merchants immensely.

All these and many more features of the platform are supported by the blockchain technology. The loyalty engine on the platform carries out all the necessary tasks. People love freedom, and this application aims to provide it. Bringing all the brands and their loyalty rewards at a single place will attract users to the platform.

The one thing about the platform that any consumer will love is the ability to transfer the loyalty points to their favorite brands. The loyalty rewards market is growing at a tremendous scale, and given the integration of the latest technology to solve the challenges of the industry, we are bound to see many developments in the near future.

I think that people will be attracted to the platform if it provides reliable services and efficient transactions. What do you think about the cryptocurrency integration on the platform? Are you ready to redeem?

For more information:

Website: https://gabrotech.io/

Whitepaper: https://cdn.shopify.com/s/files/1/0067/8313/9898/files/Whitepaper_LongVersion_Portrait_v20.pdf

Telegram: https://t.me/Gabrotech

Youtube: https://www.youtube.com/channel/UC5iDH9Kh6xBrcGVGLJlmxPw

Eth address: 0xAd0BAD968f890662b216BC77667A29080939f05D

Author profile: https://bitcointalk.org/index.php?action=profile;u=1636502