SMATHIUM || a blockchain based loyalty platform that aims to solve the main challenges facing traditional loyalty programs

6 min readMay 29, 2019

Among the many blockchain projects launched today, only a few have significant economic value. The problem is that most focus on increasing funding through ICO rather than product development. SMATHIUM understands the market better considering that most of its team members are highly skilled and experienced professionals in designing and implementing loyalty reward programs. With more than 10 years of experience in this field, we can confidently say that we understand the challenges of this industry and are best suited to offer blockchain-based solutions.

Solution Offered

SMATHIUM is a blockchain based loyalty platform that aims to solve the main challenges facing traditional loyalty programs. Studies show that even if customers like loyalty programs, they don’t enjoy them to the fullest. A survey by CodeBroker shows that at least 54% of consumers are frustrated with their loyalty reward program. Reasons for frustration include a lack of differentiation and the fact that the majority only provide limited benefits. Also, implementing a strong loyalty reward program tends to be very expensive to lock most businesses.

While conglomerates such as department stores and airlines are able to provide high-value membership programs for their customers, small and medium-sized companies cannot. Smathium aims to bridge this gap by building a multi-business loyalty award platform that is open to all types of businesses. At the heart of this platform is the goal of creating long-term value for customers rather than serving as a short-term promotion. Think of our solution as a Decentralized Application (DApp) where all businesses can make their loyalty gift programs supported by a single token.

This platform aims to change the approach to functioning loyalty by simply implementing blockchain technology and dApps victimization to modify the creation of this loyalty and at the same time use alternative tokens. There are a large number of problems encountered months after negotiating loyalty and thus releasing business from the pressure generated from this platform. keep an eye on the world and how it has been lately, loyalty encourages customers to stick with retail stores bound and not others, and once this is often done, UN agency retailers understand the value of loyalty that they give to get pleasure from their sales. and the way their business develops without limits. but it is impossible or impossible to mention, dangerous to follow loyalty, once the retailer does not have enough money to allow this, but with the Smathium facility, it does not matter whether the company has just started its activities or if it already exists, it will be easy for them to mingle with individual classes conducted by UN agencies. By default, loyalty is such that even when it can be done, it doesn’t have the number or number that meets their expectations, so they still understand, and most of them remain dissatisfied with it.

Smathium Platform

Anyone Can Enjoy the Benefits of Membership Like a Department Store

Anyone including the application business and small traders can provide their own unique membership program to customers. Give a different membership program to your loyal customers.

Single Unified Coin

Customers can receive their gifts in one form of cryptocurrency instead of different points for each brand. Smathium guarantees legitimate assets for its customers.

Benefits that can be traded

Brands participating in the Smathium Platform can buy and sell benefits. The membership program is a new sales channel for large-scale sales for these brands.

SMATHIUM is a blockchain-based loyalty platform aiming to solve the key challenges facing traditional loyalty programs. A decentralized Application (dApp) where all businesses can create their own loyalty reward programs powered by a single token. A single united loyalty point system in small on/off-line retails around the globe involving everyday life. Cafe, restaurants, grocery store, and even shopping mall. Smathium aims to bridge various brands by building a multi-business loyalty reward platform that is open to all types of businesses. As a unified medium of exchange between users and brands, Smathium token can be used for transactions across all businesses registered on our platform and can be traded in exchanges. Moreover, Smathium is creating an additional feature where brands can connect their existing loyalty programs to a blockchain network.

Studies show that while customers love loyalty programs, they are not enjoying them to the maximum. A survey by CodeBroker shows that at least 54% of consumers are frustrated with their loyalty reward programs. The reasons for the frustrations include lack of differentiation and the fact that the majority only provide limited benefits. Also, implementing a robust loyalty reward program tends to be ridiculously expensive locking out the majority of businesses.

While incumbents such as departmental stores and airlines can afford to provide high-value membership programs to their customers, small and medium enterprises cannot. Smathium aims to bridge this gap by building a multi-business loyalty reward platform that is open to all types of businesses. At the heart of this platform is the goal of creating long term value for customers rather than serving as a short-term promotion.

Think of our solution as a Decentralized Application (dApp) where all businesses can create their loyalty reward programs powered by a single token. This token can be used for transactions across all businesses registered on our platform and can be traded in exchanges. Smathium aim is to create a dApp where brands can connect their existing loyalty programs to a blockchain network. All transactions within our ecosystem are facilitated through the SMA.

VISION

Smathium Introduces loyalty platform based on blockchain technology which solves the problem and limitation of the current loyalty program and provokes costumers to be more loyal to the brand. through the “SMATHIUM” platform, the brands can provide diverse benefits and services, like a membership in department store ,to the customers . and the customers can have much more opportunities by having integrated and high quality reward points and benefits.

Open Reward Structure

Sufficient and Diffrentianted Reward System

Sustainable marketing And Effect of Sales increase

Improvement Of Security And Transparency by Combining Blockchain Tchnology