Blockchain
development for
loyalty programs
Lack of incentives, low redemption rates, security concerns from customers, to name a few, leave brands on the sidelines in their attempt to earn profits from loyalty programs.
But everything changes when blockchain comes into play! Just ask Aetsoft, and we will tell how you can maximize the gain from your loyalty programs with fast, encrypted, and immutable blockchain technology.
Lack of incentives, low redemption rates, security concerns from customers, to name a few, leave brands on the sidelines in their attempt to earn profits from loyalty programs.
Blockchain solutions for loyalty programs from Aetsoft
Flexible reward points
Offer blockchain-enabled tokens as rewards and let customers choose how and to what extent to redeem these.
Irrevocable assets
Provide irrevocable blockchain tokens as reward points; companies can’t take away those for some internal policy issues, so points can’t expire or get devalued.
Secure systems
Improve the security of your reward platform through blockchain’s cryptography encryption protected against hacker attacks.
Personalized offers
Arrange highly-targeted loyalty programs based on blockchain’s immutable records of customer identity and behavior.
Exchangeable rewards
Allow customers to transfer points between reward programs quickly by providing a single, cryptographically-secure, and easily exchangeable blockchain currency as points.
Self-maintainable programs
Cut program maintenance costs with self-enforcing blockchain technology that maintains loyalty records autonomously, without any supervision from your part.
NFT rewards
Boost customer engagement by conducting contests and other programs with NFTs as rewards. Prompt them to participate by offering special perks and bonuses for NFT holders!
Cost-wise programs
Conduct NFT-based reward programs with lesser costs; use smart contracts to define rules and autonomously trace transactions, without having to spend on system management.
Aetsoft
Discuss a project
Tell us about your blockchain project for loyalty programs and discuss its development with us.
Get expert adviceBlockchain applications in loyalty programs
Use case 1. Simple program management
Currently
With a multitude of loyalty programs, each having an individual token as loyalty points, it becomes hard for companies to track transactions in different currencies across those.
With blockchain
Provide a single, encrypted and secure, token for all programs to seamlessly track its usage across multiple programs and allow customers to flexibly use it when switching between programs.
Use case 2. Secure transactions
Currently
Traditional transactions within loyalty programs are slow and highly insecure; as a result, millennials are most unwilling to join those for transaction fraud and even fund theft concerns.
With blockchain
Ensure fast and safe program-to-customer rewards, with smart contracts initiating payments, instant and self-inclusive, and low chances of fraud due to provided cryptographic encryption.
Use case 3. Improved data visibility
Currently
33% of millennials dislike loyalty programs for the pile of related cards to carry; for companies, in turn, tracking all data from multiple programs with different tokens, dispersed across fragmented databases, becomes quite a challenge.
With blockchain
Store data, like point usage and customer behavior, from all your loyalty programs in a single, blockchain ledger; distributed among trusted users, it is protected against tampering.
