Blockchain Secured Marketplace For Shopping And Crypto-investment For Retail Company

Executive Summary

A Switzerland-based Retail Company was looking to introduce cryptocurrency to the mainstream of online and offline trade. Their goal was to make crypto the default currency for purchasing and a long-term investment for wealth generation, it also wanted to provide a one-stop-shop platform for cashback across retail categories.

Qodequay decided to identify the exact pain-points and challenges that we may come across while building the platform. We wanted to use the best technology while sufficing the needs of the client.

We followed a Design Thinking Approach to do this.
  • Customers wanted to build a web-based / mobile platform that allows consumers to order products online across categories like groceries, fruits & vegetables, beauty & wellness, baby care, bakery, meats & seafood, pet care, flowers, and home & office needs and get them delivered at their doorstep, fulfilled by the local vendors reachable via a digital platform for faster and reliable delivery.
  • The system should be able to connect the Buyers, Sellers, and Promoters.
  • We identified the complete USer Journey right from making purchases, placing the order, earning Cashback, and redeeming through loyalty programs.
excute-summary

Our Delivery And Solution

After extensive research, we identified the exact needs and finalized on the Solution using advanced technologies like Blockchain.

  • We built an open-source blockchain secured digital currency introduced to bring flexibility to the crypto exchange.
  • The system was built on ETHEREUM 2.0 (POLYGON SIDECHAIN).
  • These were decentralized tokens that would be accepted freely around the globe without exchanging with the local currency.
  • It can direct buyers towards amazing cashback, discounts, and loyalty points on each purchase.
  • Buyers can easily redeem these points with the same or any other partnered merchant while shopping online or offline for flight tickets, or hotel booking.
  • They could also save the Cashback or the currency as an Investment with the client.
  • For faster and reliable delivery we connected the local vendors and suppliers.
  • The consumer can see the nearby local shop and inventory available with the help of Geo-fencing technology.

The Outcome

    Qodequay Technologies implemented a Cloud-based Digital Platform using advanced technologies like Blockchain and Ethereum. The following was the outcome:-

  • The complete digital platform allows customers to order products online at a cheap price by using Digital currency that brings flexibility to the crypto exchange.
  • The platform connects Buyers, Sellers as well as Promoters.
  • We developed a crypto Debit card that can be used at traditional POS machines as well as online payment gateways.
  • Customers can earn amazing rebates, discounts, and loyalty points with every purchase.
  • Buyers can redeem these points with the same or any other partnered merchant while shopping online or offline.
  • Consumers also get a choice to make an Investment.