The RainCheck Platform, utilizing the distributed ledger technology will enable people to earn loyalty and reward points in a seamless way from any brand, and in the future, this may also include allowing the sharing of loyalty and rewards at unique values using smart contracts from any organization, while maintaining their stored value. Where our solution is different is that we will focus at Stock Keeping Unit (SKU) level and not solely on merchant and spend level.
Up until now the payment card schemes (including Visa, MasterCard, and American Express) could only offer incentives or rewards at a merchant level; but through our patent-pending method, we can now take that a step further directly to the product level. This enables us to measure when someone discovers a product online and when, and where, they made that purchase offline. The data that is gathered along that journey was believed to be impossible to gather until now. Data is at the core of what we do and we measure multiple data points throughout the RainCheck Platform
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