BaaS Store / 바스스토어

04/06/2020

[Use Cases in Food and Beverage]

**About Project
Blockchain based brand advertising solution for F&B Platform
Customizable rewards programs for measurable ROI/ROAS
Issuing F&B Brand Token

**Challenge
Most F&B Brands these days spend tons of money for listing their restaurants on food delivery apps. Seemingly, their percentage of deliveries are rising along with their overhead expenses. If their restaurant is running on slim profit margins(less than 50%), however, then paying 12-20% per order on top of all the overhead expenses means they’re making more food for less profits.

In addition, F&B Brands have to pay extra for making their restaurants visible on the food delivery apps or to manipulate the ranking in search queries posted by customers and it’s far more expensive than what they usually spend on marketing(3 to 6% of their sales).

What’s worse is that they don’t get access to customers’ contact information or whatsoever, that they may use for their own marketing in the future. This leads to a situation where F&B Brands can neither measure their brand awareness nor prove ROI/ROAS because the reason customers look for their restaurants is not that they enjoy the food and services but the restaurants are just listed on top in search queries.

**Solution
The client(Major fried chicken franchise in South Korea) wanted to capture and retain customers’ loyalty as well as create new revenue streams.

The solution was to establish a Blockchain based brand advertising platform equipped with customizable rewards program to engage existing customers and reach new ones for measurable ROI.

Through this platform, F&B Brands can create multiple campaigns designed to reward their customers in accordance with the actions that have the positive effects of branding. The campaigns are fully customizable to their brands and designed to measure individual customer’s actions and behaviors across their channels in order to boost retention rates and personalize future activities.

F&B Brands can also issue Brand Token which can be used to redeem products or discounts not only at their franchise outlet but also online brand shop for new revenue streams.

**Technology
Permissioned(Private) Blockchain
Multichain Architecture against SPoF(Single Point of Failure)
Multi-platform(java) operating system
Tendermint styled Consensus for BFT(Byzantine Fault Tolerance)

04/06/2020

[Use Cases in Gov. and Public Sector]

**About Project
Smart Fine Payment System
Fine Payment Automation
Compliance Problem and The Dispute Resolution Time

**Challenge
In China, many driving offenders leave the tickets overdue, leading to unpaid tickets piled up with the authority. It takes 6 months to 12 months for the authority to collect those fines due to lack of law-abiding attitude and automatic fine payment system.

The client(Ministry of Transport of the People’s Republic of China) wanted to develop a Blockchain-based Smart Fine Payment System dedicated to rectify driving offenders’ compliance problem such as delayed or unpaid fines and unnecessary dispute resolution time.

**Solution
The solution was to establish a Blockchain based Platform equipped with Smart Fine Payment System that enables instant confirmation of traffic offense and One-Stop fine payment, which is intended to raise traffic safety awareness among citizens and ultimately ensure citizen safety.

The platform API connected to Wechat Pay, Alipay and local banks enables to withdraw a fine automatically from the driving offenders’ account, and the driver’s choice of payment can also be used for instant fine payment.

Through this platform, the offenders may receive a text message as an acknowledgement of payment once withdrawal processed and verify their ticket and payment records 24/7.

**Technology
Permissioned(Private) Blockchain
Multichain Architecture against SPoF(Single Point of Failure)
Multi-platform(java) operating system

04/06/2020

[Use Cases in Banking and Financial Services]

**About Project
Tokenization of Customer Loyalty Points
Cross-border Payment with KYC
Digital Identity Verification

**Challenge
The client(Cross-border payment platform) wanted to develop a blockchain-based service that enables the use and exchange of digital currencies by connecting diverse customer loyalty programs throughout America, Europe, and Asia countries in a form of global partnership platform.

**Solution
The solution was to establish an independent subsidiary dedicated to lay a foundation for a platform where global partners(banks, retailers, and loyalty program providers) can join and utilize digital currencies which are backed and issued by their reward points, mileages or coupons.

Through this platform, not only customers(overseas travelers) can get access to their digital currencies and shop with them during travel but also they can freely swap, transfer or gift their digital currencies to others.

**Technology
Permissioned(Private) Blockchain
Multichain Architecture against SPoF(Single Point of Failure)
Multi-platform(java) operating system
Tendermint styled Consensus for BFT(Byzantine Fault Tolerance)

04/06/2020

Q1. What kind of services BaaS Store offers?
A. We offer you All-in-One Enterprise Blockchain Services that are comprised of

- Blockchain Network Deployment
- Blockchain Application Development
- Both Business and Blockchain Consulting Services

so that you neither need to replace any of your current computing environment nor hire anyone else to handle the implementation. We will cover those. You just tell us about your project and we will offer you the optimum infrastructure according to your technical requirements and budget

Q2. Do I need to change my IT Infrastructure for adaptation?
A. Absolutely not. We fully understand how much effort you put into developing your products and services. That’s why we offer full-fledged Blockchain services that enable you to spare your time and money that would’ve been spent on Blockchain systems integration.

You just tell us about your project and we will offer you the optimum infrastructure according to your technical requirements and budget

Q3. Does BaaS Store offer non developmental services?
A. Yes we do. We understand how frustrating it can be for our clients to understand traditional Blockchains without having proper guidelines.

That’s why we also offer Blockchain advisory and marketing services from simple whitepaper writing to Corporate training, Technical collaboration, and Partnership Marketing as well

03/06/2020

BaaS Store launches B2B Blockchain Witnessium(WIT)
바스스토어, 기업형 블록체인 플랫폼 ‘위트니시움’ 출시

블록체인 테크 전문 기업인 바스스토어에서 기업형 프라이빗 블록체인 ‘위트니시움’을 출시했다.위트니시움은 ‘증명하다’라는 의미를 가진 신조어로, 기존 기업형 프라이빗 블록체인 하이퍼레져 패브릭을 대...