In the company's plans Reckoning a vision has emerged to transform the online shopping industry. This is to be done as planned due to technology-based blockchain Global WishBasket Shopping Protocol (GloWs). Based on intelligent contracts, this protocol is intended for both sellers and buyers themselves.
Global WishBasket Shopping Protocol
Concept Reckoning has the chance to revolutionize the online sales market. The emergence and development of online shopping, which took place in the last century, resulted in a huge increase in the entire shopping industry.
However, there is still no effective tool that would solve all consumer problems, opening the way for trouble-free, satisfactory shopping for them.
In the greatest simplification, it can be considered as a tool constituting a bridge between online sellers and customers. It will capture customer behavior as well as improve cooperation between the sellers themselves. At the same time, brand credibility and the level of shopping satisfaction will increase, all with the highest level of customer data security.
Benefits for sellers and customers
Actions taken by Reckoon are to bring benefits to both sellers and customers.
In the case of the first group, the new solution will contribute to reducing investment costs, while increasing sales opportunities and generating larger revenues.
Sellers will also get the chance to improve their visibility on-line stores and implementing innovative marketing strategies. All this will contribute to the increase of consumer loyalty to a given brand.
As for the buyers themselves, the solution developed by Reckoon will allow them to show them stores, brands and products that will meet their needs and expectations as much as possible, while providing the possibility of using one login, common for all purchasing operations and personalized shopping.
At the same time, buyers retain full control over the management of their personal data, and also gain access to various loyalty programs.