One of the most significant topics of discussion that companies operating in the digital voucher markets have to deal with is fraud in the redemption process as it is not easy to track or obtain the identity of individuals that redeem vouchers printed or distributed in traditional methods.
Many companies are seeking ways of sealing loopholes but nothing really has worked out in the past.
Luckily, the blockchain technology and its decentralized, shared ledgers that users can secure cryptographically, now helps to enhance the security and integrity of all transactions as well as the privacy of both customers and businesses.
Aloaha build a secure voucher system whose primary objective is to reduce cost as well as the need for intermediaries. With the Aloaha Wallet you can produce unique usage vouchers that are both non-repudiable and non-falsifiable. With the growth of the voucher market at an all-time high and the need to stem fraud equally as essential, the Aloaha Vouchers provide a perfect use case for the revolutionary shifts that smart contracts can deliver.
The Aloaha Vouchers are trackable, verifiable and can be monetized by Aloaha Wallet. Besides, they are secure and eliminate all the friction existing in the traditional voucher ecosystem.
Important is also the low cost of issuance and the ability to redeem coupons via smartphones.
This is ideal to:
- Send Coins by email via “Voucher Link”
- Create Top-Ups with QR Codes for built in QR Code Scanner.
- Distribute Bonuses via Voucher Codes.
- Issue Loyalty Coins.
- etc
Generate Voucher
To generate a voucher just launch the Aloaha Wallet and click on “Create Voucher”. Fill in the amount and optional the comments field and click “Generate Voucher”. The amount of coins will be transferred to the voucher custodian smart contract.
The voucher will then be displayed as QR Code which you can send to any person. If you click on the QR Code you can email a voucher link to anyone.
Redeem Voucher
To redeem a voucher just use the inbuilt QR Code Scanner of the Aloaha Wallet App or click on the voucher link. You can then redeem the voucher in full or partially.
Also do not miss our Web Services APIs on https://www.codeb.io/voucher/
