Blockchain and AI Platform Reckoon is Transforming the Retail Industry
Reckoon – The online retail industry is one of the biggest industries in the world. With names like Amazon, eBay, Alibaba, and others ruling the world, it is easy to see that online retail is the future of all retail and slowly everything will be pushed to the online e-commerce mode. AI and blockchain technology, the true cutting edge technologies of the world today are supplementing the incredible rise of e-retail platforms through user analysis and transparent operational capability.
E-commerce has really taken off during the last 20 years as a result of massive advancements in Information Technology and supply chains. The estimated overall worth of the sector is expected to hit a massive figure of $28 trillion in 2026. Despite these astronomical figures, the industry is in dire need of further improvements. No current market competitor has the focus and technology needed to advance the sustainable development goals and value chains.
Reckoon, a UK-based retail company is disrupting the sector through its innovative blockchain-based Global WishBasket Shopping Protocol (GloWS) platform. It offers a disruptive approach which is based around a smart contract approach to fulfilling wish baskets of customers around the globe. Reckoon is based on the Quorum blockchain and intends to be the new standard for retail for both merchants and shoppers alike.
Check out Reckoon here – reckoon.com
— reckooner (@reckooner) February 4, 2020
E-commerce – The Future
Reckoon’s disruptive e-commerce function will allow consumers to have full control over their own information and data as well as having a completely customized interface according to their own preferences and needs.
Global WishBasket Shopping Protocol (GloWS) is Reckoon’s platform-as-a-service which will allow retailers deeper insight into the machinations of shoppers and allow them to partner for better brand recognition, product authenticity, stock sharing, and more. According to Priya Vrat Misra, Founder of Reckoon:
“We believe the future of shopping will be driven by shopper’s intent & supported by technology that blends the online + in-store shopping journey…..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” ”
Priya Vrat Misra and Nili are the co-founders of the Reckoon project. They are both technology and data evangelists and have considerable experience in the promotion of data platforms. As cornerstones of the Reckoon platform, they are committed to a future e-commerce platform that works for all. Millennials and Generation Z are particularly under focus for future platforms as they are the largest demographic of shoppers, presenting unique requirements and preferences.
Initial Exchange Offering (IEO)
The Reckoon platform will undergo an Initial Exchange Offering (IEO) to raise funds to further development and marketing of the new retail platform. Participants in the offering will be given incentives for the future when it comes to the ecosystem of the
For more information regarding the offering please visit the official website – www.reckoon.com