Contemporary retail platforms and solutions for digital voucher and coupon management do not exploit the full potential of DLT. Vouchers and coupons are not only permanently exposed to fraud, but the management of these assets is still performed in a centralized manner, yielding to significant costs. The aim of our project is to leverage the state-of-play in vouchers & coupons to a blockchain platform, which is based on an energy-efficient DLT-infrastructure for issuing, storing, and redeeming digital assets such as vouchers & coupons. Focus will be on extending platform features and integrating retail store chains. One of the key elements will be to facilitate the settlement of payments between business stakeholders through incorporating a highly cost-efficient ledger-based payment service – bringing fiat money to the blockchain. For the first time, an integration guideline of customer POS (Point-of-Sales) systems with a DLT infrastructure will be proposed as a de-facto standard
Voucherfy is suitable and attractive for any retail shop (online and offline) who have vouchers and coupons in their portfolio. Based on our preliminary experience and aligned business strategy, our target customers large retail shop chains from the hardware, furniture, and textile/fashion sectors, and shopping malls. Currently we are in the negotiation process with 2 major shopping malls in Germany to implement and integrate a pilot with them and their customers.