💳POS-based Reward Program
Last updated
Last updated
Main feature of 'ROM_COIN' is the reward system based on POS (Point Of Sale System), which is a payment and sales system. For conducting web transactions and mining through e-commerce platform affiliated with ‘ROM_COIN’, the web rewards program affiliated with ‘ROM_COIN’ must be installed on a POS device or a separate device. The data generated every time a payment is made is not only used as the basic data for mining 'ROM_COIN', but is also processed into big data, which can be used for marketing using AI. In such case, rewards may be received depending on 'ROM_COIN''s marketing program. Every time a POS device is used, the opportunity to mine 'ROM_COIN' and receive additional rewards from marketing activities is given. That is, just by connecting POS device to the Internet, the opportunity to receive various benefits is given. 'ROM_COIN' provides benefits to users through a POS-based reward system and performs marketing and reward programs with big data and AI.
This is a general process connecting blockchain and POS payments. POS devices are terminals used to purchase products and generate payment information. This information is transmitted to the blockchain network through Payment Gateway. Payment Gateway makes records with finality on the blockchain, verifying payment information and creating new transactions. This makes payment transactions securely recorded on the blockchain. POS devices and blockchain are connected in this way.
However, in case of 'ROM POS', information is retrieved and stored in the blockchain without interrupting the existing flow. ‘ROM POS’ stores payment information as well as the product being paid for, the store/member making the payment, and some payment-related information. This information is linked to the store's inventory information, which provides the similar help store owners using ERP.
In summary, while the typical method records only payment information on the blockchain, 'ROM POS' stores more information and can provide various benefits related to store operations. This is an opportunity to create new value.
