iotmeetupguildford#20: nick grove, payments & rewards made eazsy, peazzy
TRANSCRIPT
P E A Z Z Y™I n C o n f i d e n c e P r o p r i e t a r y I n f o r m a t i o nP E A Z Z Y ™ © 2 0 1 6
• Global Rewards & Payments
• Transparent & Traceable
• Earn, Use, Share, Donate
• Enabling Your Future
PEAZZY
Mission: To deliver an aggregated Reward Points & Payments service, which is fun and easy to use, enabling Customer & Brand Empowerment through a Charitable and Humanitarian DNA Culture.
P E A Z Z Y™I n C o n f i d e n c e P r o p r i e t a r y I n f o r m a t i o nP E A Z Z Y ™ © 2 0 1 6
BLOCKCHAIN & FINTECH
• Blockchain & Fintech are two of the highest growth technology opportunities since the Dot Com Boom in the 90’s.
• 2016 relative to that is like being in 1996 and looking out to see the future of websites, think of Amazon, Ebay, Facebook, etc.
• Blockchain & Fintech are disrupting long established markets in Banking & Finance, Payments, Cross Border Remittance and more.
• There is a high barrier to entry for a lot of adopters of Blockchain & Fintech Services, as there was in 1996, but this will change over time.
*Source – Pulse of FintechReportKPMG March2016
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MOBILE & PAYMENTS
• Mobile Payments are rapidly increasing as technology provides a better user experience
• Mobile Money is Key to providing financial inclusion to 2Bn Unbanked
• Mobile will enable the rapid distribution of payments, benefits, donations, etc. globally
• Mobile Payments will become synonymous with Wearables, Autonomous Cars, Internet of Things
• Emerging Markets will accelerate Mobile Payment Services
• Global Payments are set to explode and more than double in the next 5 years
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CHARITY & NGO
• Global Charity Sector Value over $1Trn / PA
• On Average 15% is spent on income generation with 30% for Voluntary Contributions
• Confusion Over Charitable Spending & Income generated by Charitable Activities
• As little as *15% can be used for activities reaching a beneficial end recipient
Per Anum (E&W)Spent on generating Voluntary Contributions
£2.32 Billion
Charities in England & Wales 2016
Charity Commission Gov.uk
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CHARITY & CRYPTOCURRENCY
“The donor would be able to track precisely how the charity spent their specific donation”
Source: Charities Aid Foundation (CAF) – Giving a Bitcoin – Cryptocurrency Philanthropy – May 2015
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REWARDS & LOYALTY POINTS IN NUMBERS
$54Bn – the perceived value of Air Miles & Reward Points handed out to over 3Bn reward card holders in the USA per Year. 33% go unclaimed.
Engaged consumers buy 90% more frequently, spend 60% more per transaction delivering 3 times the value to the brand over the course of a year (Rosetta)
An Average 70% of global respondents including Millenials are willing to pay more for products and services from companies dedicated to social and environmental change (Nielsen)
Top 2 benefits that motivate consumers to join a loyalty program are: earning points/miles on purchases (56%) and product or service offer/discount (55%) (Colloquy)))
72% of consumers would like better access to rewards online and 78% the ability to redeem their rewards more easily (Collinson Latitude)
97% of loyalty programs rely on transactional rewards (Cap Gemini)
3 Bn loyalty cards will operate as mobile-only or be integrated into mobile apps by 2020, up from 1.4 billion in 2015 (Juniper)
P E A Z Z Y™I n C o n f i d e n c e P r o p r i e t a r y I n f o r m a t i o nP E A Z Z Y ™ © 2 0 1 6
OPPORTUNITY
• Blockchain & Fintech are in Hyper Growth
• Reward Points are like a secondary economy that is under utilized
• There is a need to provide increased efficiency with charity donations whilst providing transparency to the resultant ‘Charitable Activity’ & Supply Chain spend
• Now is the time to leverage 20 + years of Internet knowledge and build the iTunes or Amazon of Reward Points, using Blockchain
P E A Z Z Y™I n C o n f i d e n c e P r o p r i e t a r y I n f o r m a t i o nP E A Z Z Y ™ © 2 0 1 6
BLOCKCHAIN – PERMISSIONED VS DECENTRALISED
P E A Z Z Y™I n C o n f i d e n c e P r o p r i e t a r y I n f o r m a t i o nP E A Z Z Y ™ © 2 0 1 6
P E A Z Z Y™I n C o n f i d e n c e P r o p r i e t a r y I n f o r m a t i o nP E A Z Z Y ™ © 2 0 1 6
PROOF OF CONCEPT EXAMPLE
• Can I donate my Reward Points to Charity
• Can I Donate them to a Farmer in Africa to Pay for the Electricity to Power his Water Pump
• Can he receive the Electricity Voucher in under 10 minutes
• Can I see where all the fees have been taken and how much he receives
• Can the farmer send an anonymous (or not) Thank You, message back *Currently under development for Namibia
Contact
Nick Grove
+44 (0) 7813 693 803
PEAZZY LLPNo.2 Royal ExchangeLondonEC3V 3LL