Sunday, March 31, 2019

The Suite: Blockchain Based Loyalty Program

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What Is The Suite?

FidelitySuite, found online at https://www.fidelitysuite.com/, is a universal loyalty and rewards platform built on blockchain and smart contract technology. FidelitySuite aims to reinvent the loyalty system by building a platform that will allow its users to gather loyalty points from various shops without need having a lot of different cards. The platform is called The Suite.

The Suite platform is both an accessible mobile application and a web resource with which the user is able to receive, view, store and accumulate their loyalty points. This platfom seeks to simplify the entire existing environment of the relationship between the entrepreneur and his client, providing them with a transparent platform with all its functions, as well as a stable token due to which all charges under the loyalty program will occur.

Within the platform, loyalty points could further convert into services or cash by using the SuiteCredit (SCT) and STK token. STK is Suite’s native currency which will users converts by using both types of exchanges, centralized, and decentralized whenever they wanted to cash-out. On the other side, SCTs are points collected or exchanged between various platforms users who are going to allow access to the services offered by the platform.



Use Case Analysis

The application will allow the investors and final users to accumulate and spend SCTs by using the barcode with the Wallet address. User registry will help users to see the balance of their tokens and the list of businesses which accepts STK as a medium of payment.

Users will be able to make purchases on the FidelitySuite platform and buy SuiteCredit (SCT). Also, the application will keep them informed about the promotional offerings of adherent shops.

Through this application, shops will be able to receive SCT or distribute SCTs to their customers. They are also entitled to publish their user catalog or to advertise promotions and offers to a specific group of customers. Also, shops will be able to buy SCT or services in the FidelitySuite platform.

The Main use cases of the SuiteCredits (SCT):

  • With SCT users will be able to purchase digital coupons;
  • Redeem money through bank wire transfer;
  • Users can use SCT for services with partners with whom they have signed the agreements;
  • They can use SCT to buy STK token as an investment;
  • Users can use SCT to Cashback.

The Main use cases of the SuiteToken (STK):

  • Monthly distribution of an amount of credits to the owners in proportion to the amount of STK owned and blocked on the platform.
  • Gain a VIP status to have access to exclusive discounts (up to 50%) in the commercial businesses purchased from Suite.
  • Discounts for purchasing products/services on the platform.
  • Discounts on the use of holiday houses offered by Suite.
  • Free tickets for periodic extractions and also for the chance of taking part at VIP extractions.

STK Token Sale

The STK is implemented on the public Ethereum blockchain as an ERC-20 compliant token. The total token supply is 60.000.000 STK. The price of 1 STK will be 0.12 - 0.24 USD depends on the STO phase. In total, for the further development of the platform, developers intend to collect in the course of public sales of 12.000.000 USD. The token and the fund will be distributed in the following manners:



The Team

Based in Itali, FidelitySuite team members is led by Francesco Napoletano (Co-Founder and CEO), A former Forex Dealer at FOREX Finv. There’s also Patrizia Amoruso (CFO and Co-Founder), has more than 20 years experience as an auditor of business processes and management control. Another key member is Simone Di Francia (CIO, Co-founder, and Community Manager), a blockchain enthusiast with experiences in creating token models for start-ups and managing various communities.

Full details about the team and its network of developers, blockchain technologists, and advisors can be seen on their website.

Project Contact Information:

WEBSITE: https://www.fidelitysuite.com/
WHITEPAPER: https://www.fidelitysuite.com/wp-content/uploads/2018/11/WHITE-PAPER_THE-SUITE_ENG_ONLINE.pdf
FACEBOOK: https://www.facebook.com/FidelitySuite
TWITTER: https://twitter.com/FidelitySuite
TELEGRAM: https://t.me/FidelitySuite


Author

Bitcointalk Profile : binar234
ETH Address: 0x573E9730fe386661F91D9189A0330ce577df0175

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