Review IOU

IOU PLATFORM: THE FINAL WORD COMBINATION

Now, imagine the explosive combination of e-commerce with blockchain technology and cryptocurrencies: the IOU Platform.

IOU could be a true P2P e-commerce loyalty platform on blockchain

It aims at empowering blockchain Merchants and shoppers with suburbanized and secure Peer-to-Peer technology driving client satisfaction and loyalty through Merchant’s trade-able IOUs.

LOYALTY AND CLIENT RETENTION

IOU obligations would become Flagship Blockchain Loyalty Programs for Merchants, secured and effective thanks to promote special offers to shoppers.

IOU P2P EXCHANGE — MARKET DRIVEN FLEXIBILITY

Consumers would firmly acquire note offers from the Merchants with specific terms for the promotional product or service like time of expiration, restricted amount and exchange terms. Such flexibility would provide shoppers bound time frame to utilize product or services or offer chance to trade their IOUs with alternative shoppers anyplace round the world.

For example, client A purchased edifice note in Rome and is traveling to Paris may trade his/her note with the buyer B World Health Organization is traveling to Rome for the edifice in Paris. we tend to believe several shoppers would favor to purchase multiple IOUs from identical businessperson if the supply is enticing to possess chance to trade some with alternative shoppers. This approach drives client satisfaction whereas giving Merchants wouldn't solely get the chance to draw in new customers however conjointlyreceive their funds before.

VIRAL SELLING

Each client really would become the “agent” targeting alternative shoppers on P2P exchange seeking to trade their noninheritable IOUs with alternative shoppers supported the requirement and price at the time of the dealing. Such approach permits merchants to get a stable inflow of recent customers and really loyal customers.

IOU VISION

IOU reinvents existing loyalty systems so as to produce additional flexibility, control, and increasedadvantages for Merchants so as to ensure the best doable level of client satisfaction for the incurred sellingexpenditures.

IOU “loyalty system” permits business homeowners to form a brand new level of interaction with shoppersand, most significantly, provides the chance for shoppers to freely exchange their IOU Offers with differentshoppers for different IOUs that square measure required additional for those mercantilism parties.

IOU Peer-to-Peer (P2P) platform providing new opportunities for every merchandiser (Business Merchant) within the world with relation to loyalty system organization, interaction with shoppers, investment attraction, and revenue growth by the suggests that of issuance its own freely tradable IOUs (IOU Crypto-Obligations / “IOU-CO”).

TOKEN UTILIZATION

The token IOUX is predicted to be utilised in some ways, including:

• written agreement Management

• very important person businessperson standing

• client Purchases of promissory note businessperson Offers

• Loyalty Token Grants

• Promotional Offers

Merchants should pay five-hitter Gas fee in promissory noteX Tokens for each IOU provide issued for shoppers (in addition to the five hundred Fee on any purchases created by alternative cryptocurrencies, whereas purchases created by IOUX Tokens would be exempt).

In exchange, to supply incentives for the IOUX Token holders, each IOUX Token dealings would be granted a further five-hitter Discount to the shoppers. extra ten Loyalty Tokens would be equally whenever to eachMerchants and shoppers once accumulating transactions of one,000 Tokens.

Merchants would even have AN choice to Guarantee the Service and issue refunds of payments if product or service offered by their promissory note offers wasn't satisfactory. Thus, extra promissory noteX Tokens would be escrowed till the completion of the term of the IOU provide.

During issuing of promissory note offers, Merchants should conform to the Token Discount, Service Guarantee, and Gas Fee Terms.

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