Bitcoin Press Release: UK-based Reckoon announces details
of their blockchain & AI enabled, “global shopping platform as a
service” via their proprietary Global WishBasket Shopping Protocol
(GloWS). Reckoon will hold Initial Exchange Offerings on multiple
exchanges.
4th February 2020, London, United Kingdom – Reckoon
is set to disrupt the retail industry through its proprietary
blockchain-based Global WishBasket Shopping Protocol (GloWS) – a
standardized and universal way to fulfil shoppers wish baskets using
smart contract to execute a better outcome for retailers and shoppers.
In furthering this goal, an initial exchange offering will be
conducted to give early backers the opportunity to support Reckoon in
pivoting the next-generation shopping ecosystem.
Since the advent of online shopping in the late 1970s, the commerce
industry has experienced exponential growth, to the extent where current
global market estimates are set to breach the 28 trillion U.S dollar mark in 2020.
Whilst this growth has helped to bridge the gap between shoppers and
brands, a host of other problems still exist, including disconnected
online/in-store shopping models, siloed marketing, and constantly
shifting consumer behaviours. This hampers shoppers’ experiences.
Despite the plethora of existing e-commerce and online retail stores,
the gap between retailers and consumer satisfaction only seems to widen
as no single platform is able to offer a sustainable solution for those
in the value chain.
Reckoon’s All-Encompassing Solution: GloWS
Reckoon
is taking the bull by the horns by introducing a blockchain &
AI-based “Global Shopping Platform as a Service”, that dynamically
connects brands, existing retailers and shoppers. The platform will seek
to capture customer’s behaviours and translate them to optimized unique
experiences, whilst allowing consumers control over their data.
At the core of the End-to-End shopping ecosystem is the Global
WishBasket Shopping Protocol (GloWS). It will leverage a sophisticated
blend of smart contracts and artificial intelligence to give the
retailer a deeper insight into the intent of the shopper and will
facilitate inter-retailer collaboration for a better outcome for both
retailers and shoppers.Thereby improving brand authenticity,
sustainability, and overall shopping experience.
Priya Vrat Misra, Founder of Reckoon noted:
“We believe the future of shopping will be driven by
shopper’s intent & supported by technology that blends the online +
in-store shopping journey”
The platform features a decentralized shopping ecosystem with
seamless integration of online and in-store shopping designed to fulfil
the desires of the value chain participants – shoppers, and retailers.
For Retailers:
- Reckoon will significantly reduce capital expenditures of a retailer/brands by providing the shopping platform as a service.
- The opportunity to set off a chain reaction of increased customer satisfaction, sales opportunities, and revenues.
- Improve online/in-store shopping exposure.
- Provide an improved market for local goods
- Targeting Gen Z, and Millennials – A major quadrant of the online retail ecosystem
- Applying streamlined marketing strategies to cater for trends and
inclusion marketing, making shopping more personal to the individual
shopper. - Improve brand loyalty among consumers.
For Shoppers:
- Reckoon uses AI to analyze the shopper’s intent based on their wish
basket and suggests relevant shops, brands, and products in line with
trends with personalized effects. - Provides a seamless transition between online and in-store shopping.
- Allows shoppers to benefit by having a single login for all their shopping activities
- Provides a personalized shopping experience via deals, information
about local and global trends/advice, and geo-location services - Gives back control to shoppers to manage their personal data.
- Provides Loyalty and charity programs for users.
Priya Vrat further adds:
“If online is great at social-discovery and validation
with friends, in-Store is supreme in serendipitous-discovery and
Instant gratification. Reckoon is creating the ecosystem of shopping to
leverage the social power of online with the satisfaction of physical
experience”
Upcoming Initial Exchange Offerings
In an attempt to foster rapid ecosystem growth, Reckoon has decided
to hold an initial exchange offering on multiple exchanges. For more
details, visit the Reckoon website (https//ieo.reckoon.com).
About Reckoon
Reckoon is a UK-based company that leverages the Quorum Blockchain,
to establish a new standard for retail and commerce for those on either
side of the checkout. With this technology being put to powerful use,
Reckoon is providing the future of shopping via their Platform as a
Service offering, to ensure that retailers are prepared for the future
of commerce with a low TCO.
The reckoon founders have 40+ years of combined technology expertise
between them. As technology and data evangelists respectively, founders
Priya Vrat Misra and Nili are the cornerstone of Reckoon. Making
technology work for the benefit of retailers and shoppers alike with
customer insights & marketing firepower.
For more information about Reckoon, please visit the website: https://reckoon.com/
To find out more information about the IEO, please visit: https://ieo.reckoon.com/
Follow Reckoon on Twitter: https://twitter.com/reckoon1
Keep up to date on Facebook: https://www.facebook.com/reckoon/
Media Contact Details
Contact Name: Nili Misra
Contact Email: [email protected]
This press release is for informational purposes only. The
information does not constitute investment advice or an offer to invest.
The Reckoon token sale is closed to participants of all countries in which ICO/IEOs are illegal. Virtual
currency is not legal tender, is not backed by the government, and
accounts and value balances are not subject to consumer protections.
Token sales are only suitable for individuals with a high risk
tolerance. Only participate in a token event with what you can afford to
lose.
