Quotidien future finance
              



TPIsoftware wields blockchain technology to create new digital cross-organizational business model


Leading FinTech solution provider TPIsoftware collaborated with a well-known commercial bank, utilizing blockchain to release a cross-organizational reward point platform.



Value of reward points amplified with universal point system platform

TPIsoftware employed blockchain technology to consolidate a complex universal reward point management system across independent organizations, creating an innovative and user-friendly mechanism. The platform integrates different types of reward points into a single system, whether issued by the company and subsidiaries, or by third-party organizations. This allows consumers to use or exchange reward points both online and in person, increasing user participation and loyalty, but also enabling the cross-selling and upselling of reward points.

Transaction records are publicly stored on the blockchain, meaning platform staff is unable to tamper with the data, ensuring total transparency. The platform additionally facilitates user behavior analysis, encouraging enterprises to be more data driven. With proper implementation, companies can adjust business plans to simplify enterprise management processes and reduce costs accordingly.

In just two months, participating organizations have distributed reward points to many users, and third-party partners are growing alongside platform activity. Adding significant value to pre-existing reward points, TPIsoftware guides enterprises to adopt new digital business models.

Blockchain solution enables smooth digital transformation

Many misconceptions surround blockchain technology, often associated with cryptocurrency scams and fraud. However, blockchain is built on encrypted networks characterized by decentralization and traceability, making it an extremely safe place for data to be stored – once data is added to the blockchain and verified, it is almost impossible to tamper with. Blockchain has the potential to provide reliable ecosystems for applications in many industries, especially where ownership of data is commonly transferred.

TPIsoftware employs industry professionals integrating blockchain with AI, IoT and other innovative technologies to develop user-friendly applications. By providing enterprise consultation and technical support, TPIsoftware enables successful enterprise digital transformations while spreading the corporate benefits of blockchain. For future collaboration, TPIsoftware has set its sights on domestic and foreign institutions in finance, life insurance, manufacturing, and governmental organizations.

About TPIsoftware
TPIsoftware is a software provider delivering one-stop solutions and system implementation services to enterprises in a variety of industries. TPIsoftware specializes in AI chatbots, FinTech, digital banking, life insurance, process engines, big data and other system solutions. In addition to its own product line, TPIsoftware provides customized finance, life insurance, communications, and technology solutions domestically and overseas.

SOURCE TPIsoftware


No Offer, Solicitation, Investment Advice, or Recommendations

This website is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation for any security, nor does it constitute an offer to provide investment advisory or other services by FINYEAR.
No reference to any specific security constitutes a recommendation to buy, sell or hold that security or any other security.
Nothing on this website shall be considered a solicitation or offer to buy or sell any security, future, option or other financial instrument or to offer or provide any investment advice or service to any person in any jurisdiction.
Nothing contained on the website constitutes investment advice or offers any opinion with respect to the suitability of any security, and the views expressed on this website should not be taken as advice to buy, sell or hold any security. In preparing the information contained in this website, we have not taken into account the investment needs, objectives and financial circumstances of any particular investor.
This information has no regard to the specific investment objectives, financial situation and particular needs of any specific recipient of this information and investments discussed may not be suitable for all investors.
Any views expressed on this website by us were prepared based upon the information available to us at the time such views were written. Changed or additional information could cause such views to change.
All information is subject to possible correction. Information may quickly become unreliable for various reasons, including changes in market conditions or economic circumstances.



Lundi 22 Juin 2020
Notez


Nouveau commentaire :
Twitter

Your email address will not be published. Required fields are marked *
Votre adresse de messagerie ne sera pas publiée. Les champs obligatoires sont indiqués avec *

Finyear: latest news, derniers articles