CafeCoin is the first digital token that can not only be exchanged for goods and services, but incentivizes discounts and tailored promotions and attempts to establish a stable currency like utility. It can be used anywhere both parties have the companion mobile application and internet access.
Blockchain makes CafeCoin possible by allowing it to be completed and related information stored and transferred without any single point of failure. Additionally, because CafeCoin will be a decentralized token the bandwidth necessary to track hold and confirm transactions can be shared amongst thousands of users instead of requiring the costs to be born by any one particular source.
Each transaction completed with CafeCoin, as well as any related information, is announced to the chain and confirmed. The blockchain acts as a secure store of that information which is private and only accessible and sharable by the users who created it, or to those with whom users have chosen to share their information.
CafeCoin works by securely and privately storing information about transactions on a distributed ledger and then allowing users to access and share that data with specific counterparties of their choice. Because all transactions are completed via CafeCoin’s distributed network, it avoids the high fees charged by the big credit card and payment processing companies.
 |
| https://cafe-coin.com/CafeCoinWhitePaperEnglish_V1-0.pdf |
CafeCoin in Demand
- Credit card companies drive up costs, charging expensive fees to merchants for each transaction.
- A busy retail store can throw away hundreds of thousands of dollars per year in those same transactions
- Meanwhile, merchants struggle to attract customers with ever more particular retail preferences
- The public trust in social media digital advertising is falling as the result of substantial real and perceived privacy abuses
CafeCoin solves two significant problems for retailers and customers: First, it virtually eliminates the huge cost of payment processing fees charged by big corporations every year which are passed on to customers in the form of higher prices. This allows merchants the flexibility to either pass all or part of those savings on to drive additional revenue, or hold onto them, increasing profit on every sale. Second, retailers are often keen to provide discounts and promotions in order to drive sales, but the effectiveness of those promotions and discounts is limited by a lack of particularized information about individual customers, each of whom have different historical propensities toward the purchase of goods and services. CafeCoin uses blockchain technology to securely store the information surrounding each transaction, and allows users to share that information with merchants, which when combined with CafeCoin machine learning applications allow retailers to offer tailored promotions that are relevant to individual customers, instead of merely marketing to demographics. These tailored discounts create substantial savings for users and drive revenue for merchants, so everybody wins! This also encourages merchants to pass on the savings they realize from avoiding the traditional payment processing fees.
Our Product
- Why do Payments Need an Upgrade - Privacy is a fleeting concept in today’s world, consumer data is harvested without consent and used through intrusive marketing schemes. High fees on transactions also stack up and increase overall costs of daily payments at a time when there are alternative options. Today, people around the globe rightfully demand greater privacy at lower cost when buying goods.
- How Will CafeCoin Change Things - CafeCoin will give you control over your privacy and virtually eliminates credit card and mobile payment transaction fees in a process which benefits both you and shop owners.
For Information
Website: https://cafe-coin.com/
Whitepaper: https://cafe-coin.com/CafeCoinWhitePaperEnglish_V1-0.pdf
ANN: https://bitcointalk.org/index.php?topic=4977644.0
Twitter: https://twitter.com/CafeCoinICO
Facebook: https://www.facebook.com/Cafe-Coin-1127820677359367/
Telegram: https://t.me/CafeCoin_ICO
0 Komentar