XPID puts loyalty programs on a blockchain creating a loyalty analytics and customer feedback smart contract platform, eliminating loyalty program liabilities by incentivizing businesses and consumers with the universal, exchangeable XPID token, sourcing user reviews on a watch and mobile app, and floating an efficient, experiential loyalty economy.
Optimize your programs profitability and eliminate your loyalty point liability immediately by authorizing XPID fungibility allowing your customer to exchange into digital currencies.
Tokenization of loyalty points worldwide finally allows a legitimate loyalty economy allowing consumers to exchange loyalty for currencies anywhere in the world and use them when they want where they want.
How is this a win-win for consumers and businesses?
Businesses/Requestors will claim their ID, open smart contracts for reviews, and buy into the XPID currency exchange. Enterprises choose their feedback program tier and level of economy participation into the exchange – in essence, creating and floating an efficient XPID loyalty economy.
Consumers take control of their ID and log their experiences on the XPID platform and receive locally relevant, geo-fenced promotions and deals. When consumers meet the requirements of a requested experience and provide valued user feedback in the exchange, a smart contract is satisfied and XPID currency is allocated.