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Development of a Loyalty Points as Currency Platform with Web3 Integration
  1. case
  2. Development of a Loyalty Points as Currency Platform with Web3 Integration

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Development of a Loyalty Points as Currency Platform with Web3 Integration

spacedev.io
Financial services
eCommerce
Retail

Challenges in Loyalty Points Utilization

Traditional loyalty points systems suffer from low customer engagement due to complex redemption processes and limited merchant adoption. Merchants require a seamless solution to integrate loyalty rewards with modern payment infrastructure while leveraging blockchain technology for enhanced security and interoperability.

About the Client

A fintech company specializing in innovative loyalty program solutions and blockchain-based payment systems

Platform Modernization Goals

  • Create a unified platform for loyalty points as spendable currency
  • Implement blockchain-based transaction infrastructure
  • Enhance cross-platform compatibility for online and in-store use
  • Improve system performance for real-time transaction processing

Core System Capabilities

  • Single-tap cryptocurrency transactions from digital wallets
  • Dynamic OnRamp integration for crypto purchases
  • NFT acquisition and management functionality
  • Smart contract execution interface for merchant customization

Technology Stack Requirements

React
WunderGraph
TypeScript
PostgreSQL

External System Integrations

  • Cryptocurrency exchange APIs
  • Blockchain wallet providers
  • NFT marketplace protocols
  • Smart contract verification services

System Performance Standards

  • Sub-500ms transaction processing latency
  • Multi-chain scalability support
  • Enterprise-grade security protocols
  • Cross-platform compatibility (iOS/Android/Web)

Business Transformation Potential

Enables merchants to transform loyalty programs into competitive differentiators through blockchain technology, driving 30-50% higher customer engagement while reducing transaction costs by 40% through automated smart contract execution and streamlined crypto integration.

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