Search 'problems facing current loyalty programs' on Google now and you will get millions of results. With issues ranging from simple topics like trust to most complex ones like improper segmentation and inconsistent performance. Honestly, when the first loyalty program was introduced to the world in 1981, loyalty reward programs had a lot of potential. They were meant to reward loyal customers and encourage return visits and repeat purchases and even though most of the big companies offer it, their inconsistent performance and sometimes poor service riddles the message and fosters little to no emotional attachment with the company.
Gozo, says with transparency, trust and technology it can help people better manage their loyalty reward points.
Thanks to the blockchain, users can monitor and manage all their multiple reward accounts with hotels, airlines and transportation services like uber - all from their wallet.
Ask yourself this ‘how many reward points have you let slip through your fingers just because you forgot or were unaware you had them.
Don’t worry you are not alone, this a big problem to many people, according to Global Loyalty Insights a massive $360 billion dollars’ worth of loyalty reward points expire without being redeemed every year. That's worth a lot of vacations.
Not to blame our memory too much, but in some cases the points you collect just might not be as feasible to you. For example let's say you had an awesome stay at the Burj al Arab in Dubai, and they gave you $100 USD F&B or Spa credit (this is an actual offer they give) now considering you aren't planning on back to the Burj al Arab hotels in the near future, there is a very high possibility this credit will go to waste.
Gozo says you deserve better - thanks to the company's clearinghouse, Gozo lets you easily combine all the points you have gathered from different loyalty reward programs so that you can use them on something more useful. For instance, with your consolidated points you can get a free flight, or a free hotel stay.
It doesn't just stop there, for extra usefulness, Gozo also allows users to convert these points into Gozo tokens or other major cryptocurrencies of equal value. These points can also be used to apply for the Gozo Plus Membership where if accepted you will receive super saver deals such as travel purchases at heavily discounted prices.
To make sure this feature works accurately, Gozo doesn't just need a huge network of participating partners, it also uses a unique market maker and exchange liquidity algorithm that will allow real time conversions and also allow for accurate matches between the value of a Gozo token and the value of diverse points offered by different vendors within the platform.
Other than algorithms.
The platform is built on stellar ledger meaning all transactions will be blazing fast and very affordable. The ledger's scalability and reliability will also allow for accurate development, meaning developers or interested firms can build smart contracts, mobile wallets, smart devices and other payment tools on top of the ledger.
Roadmap and additional Information.
2018 has and still is a big year for the Gozo brand, we saw the announcement and completion of the company's private sale, we also so the release of the company's proprietary smart contracts and the public release of the mobile app's user interface and user experiences. In 2019, we hope to see the release of the company's full mobile app and web platforms and the full integration of not only crypto payment gateways but traditional payment gateways too.
*If you're in Dubai, Malta or Barcelona and interested in interacting more with the company and Roy Labban, Ziad Nassar and the rest of the team. You should apply to attend the GITEX Future Stars at the world trade centre in Dubai from October 14th to October 17th. If you're in Malta, you can also plan to attend the Malta Blockchain Summit at St. Julian’s on November 1st. Lastly if you’re in Barcelona, Spain you can attend the Gartner event at the Gartner Symposium/ITxpo on November 4th through November 8th.
By being a member of the Gozo PLUS travel club, you would have visited all these sweet events at a saving and with all the high value benefits traditionally provided to business class fliers such as VIP lounge access and complimentary flight insurance.
Just saying.
Here are some useful links you can use to find out more about Gozo.
Study Gozo's 30 page Whitepaper
Subscribe for updates - Website
Follow Gozo on Twitter
Like Gozo on Facebook
Get Gozo updates on Telegram
Connect with Gozo on LinkedIn
Read Gozo on Medium
Real quick... Might you be interested in some Free Gozo tokens? The company is offering its users up to 9,150 Gozo tokens just by signing up and finishing some super simple tasks, such task may include following their social media handles and sharing their story. I know a good deal when i see one, do you? Join Gozo's Airdrop campaign here
Thank you for reading.
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Rhinoboy11
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All the views presented in this post are based off personal opinions and thus shouldn't be misconstrued as investment advice.
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