Have you seen one of those extreme couponing shows on TV? Where they've got thousands of pieces of paper cut-out, stored in binders, or sitting in piles?
It's time consuming and messy; not to mention it costs money buying newspapers (almost extinct) and subscriptions to online coupon sites.
While there is Groupon, they have some major limitations.
First is the way Groupons are sent as a gift. Email is a great way to send a coupon, but what if it looks like spam? What if that person accidentally deletes that deal? Or even worse, what if you mistype the intended recipient’s email?
Okay, so what if the email is spelled right, the person gets their Groupon and prints it out? . . .
Then walks out the door without the printed deal?
Has that ever happend to you? I’ve had this happen and it’s frustrating!
As of this article, there is no way to put that gifted Groupon in your friend or family member's online Groupon account directly.
Second is how intermediary coupon providers like Groupon benefit over the customers and the businesses they serve, directly influencing the relationship between the customer and the business offering its discounted services by receiving commissions from both sides of the deal - the merchant’s sales and the customer’s purchase order.
This is the point in the article where blockchain and a man named Dr. Minh Le are introduced. On his journey to becoming a doctor, Minh participated in missionary work. After earning his doctor's license, he opened a general medical practice that charged patients only $15 per visit. Minh expanded his medical practice to skin care by founding Vienna Skin Clinic, lovingly named after his daughter Vienna. To focus on skin care he phased out the first medical practice - a wise decision as Vienna Skin Clinic now has over 35,000 patients.
Vienna Skin Clinic Staff
In 2015, one of Minh's patients paid him with Bitcoin and Ethereum, sparking his curiosity in cryptocurrencies. It's no surprise his research in blockchain and cryptocurrency gave him the urge to master their concepts. Besides striving for excellence in his chosen fields, his entrepreneurial side came out when Circular Blockchain was founded in 2017.
About Circular Blockchain :
Circular is on a mission to help smaller businesses monetize with digital coupons by attaining repeat customers in an engaging manner. With features beyond Groupon, Circular uses:
Blockchain Technology & CIRC Tokens
CIRC is just a smart contract, representing the deal.
CIRC token costs $1 to buy. They never expire. They are in existence FOREVER once deployed on the blockchain. Ethereum is completely decentralized. No server or person can hack your account for tokens. Even if couponing, internet security is piece of mind.
Flash technology allows an off chain solution for high gas fees on the ethereum network. Also provides the ability to speed up the amount of transactions.
Social media aspect
- Share deals to friends and family by directly transfering tokens to a recipient account
“How cool would it be to give your bargain hunting mom, aunt or grandma some tokens to get any deal they want?”
- One step beyond a regular business review is how reviews are factored into a business’ rating. Reviews will expire after three months. Businesses should not suffer in perpetuity. Three months should be enough time to remedy any issues or concerns. On the flip side businesses should not rest on their laurels by riding on their good reviews.
Saving the best for last - Circular will not charge customers or businesses to use them!
At TokenFest on Friday, March 16th Dr. Minh Le spoke about Circular Blockchain and was interviewed by Block.News
Marketing is picking up for Circular Blockchain and this is a company you'll want to keep your eyes on! This is their first public article released, and I feel lucky to be on the forefront of their work as a correspondent for them!
If you would like to contact Dr. Minh Le about Circular Places token, he can be reached at minh@circularplaces.com.
Dr. Minh Le is a personal friend of the author and Circular Blockchain is a partner of Coin Sailor – The World’s First Crypto Matching Tool Mobile App.