MileVerse Team Mission
How MileVerse tackles the issues found in the mileage market?
MileVerse is a mileage integration payment platform, that applies blockchain technology to build an integrated ecosystem, that benefits everyone, ranging from corporations and customers up to affiliated stores.
Hi there! In today’s post, we would like to share with the paradigm and the vision, that the MileVerse team has constructed in order to tackle the issues found in the mileage market. MileVerse presents three primary solutions in order to address the bottlenecks observed from the standpoints of businesses, customers, and affiliate stores.
MileVerse
MileVerse is a compound word of Mileage and Verse, meaning to build a new ecosystem of mileage services. MileVerse is an integrated mileage payment platform that provides a service that customers can use at affiliated stores.
Problems of Mileage Market
From the corporation’s standpoint
For corporations, the issued mileage is set as a debt of the corporation, so there is a restriction on corporate operating costs, and there is difficulty in securing places where the mileage can be used.
From the customer’s standpoint
Customers have difficulties in using their mileage due to various restrictions such as restrictions on the validity period, minimum usable points, restrictions on usage. There are even difficulties with management as mileage issued to various corporations cannot be integrated but is distributed and managed.
From the affiliated stores’ standpoint
As for affiliated stores, it is difficult to attract new customers as a lot of resources are used in establishing a payment process so that customers are able to use their mileage.
MileVerse Team Mission
The MileVerse team proposes the following course to solve the problems raised above through Blockchain technology and to create a new paradigm in the mileage market.
→ Corporations can eliminate debt accumulated by issuing mileage, create customer loyalty programs by securing uses, and acquire new customers through various promotions.
→ With the exchange/integration of mileage, customers secure various uses and use their mileage like cash without restrictions on usage such as lapsing of the validity period.
→ Affiliated stores secure new customers by securing marketing channels, thereby increasing sales.
The MileVerse team defined the above three as the team‘s goals and devised MileVerse, a ‘mileage integration platform’, in order to successfully realize them. In order to alleviate the inconvenience of the above-mentioned corporations, customers, and affiliated stores, MileVerse established a mileage platform so that customers can integrate each corporation’s mileage using Blockchain technology, thereby creating blockchain-based integrated mileage payment platform ecosystem.
