Reckoon’s Blockchain & AI Enabled Solution is Shaping the Future of the Retail Industry

Reckoon's Blockchain & AI Enabled Solution is Shaping the Future of the Retail Industry

UK-Based Reckoon Announces Details of Their Blockchain & AI Enabled, “Global Shopping Platform as a Service” via Their Proprietary Global WishBasket Shopping Protocol (Glows). Reckoon Will Hold Initial Exchange Offerings on Multiple Exchanges

Reckoon is set to disrupt the retail industry through its proprietary blockchain-based Global WishBasket Shopping Protocol (GloWS) – a standardized and universal way to fulfill shoppers wish baskets using smart contract to execute a better outcome for retailers and shoppers.

In furthering this goal, an initial exchange offering will be conducted to give early backers the opportunity to support Reckoon in pivoting the next-generation shopping ecosystem.

Since the advent of online shopping in the late 1970s, the commerce industry has experienced exponential growth, to the extent where current global market estimates are set to breach the 28 trillion U.S. dollar mark in 2020. Whilst this growth has helped to bridge the gap between shoppers and brands, a host of other problems still exist, including disconnected online/in-store shopping models, siloed marketing, and constantly shifting consumer behaviours. This hampers shoppers’ experiences.

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Despite the plethora of existing e-commerce and online retail stores, the gap between retailers and consumer satisfaction only seems to widen as no single platform is able to offer a sustainable solution for those in the value chain.

Reckoon’s All-Encompassing Solution: GloWS

Reckoon is taking the bull by the horns by introducing a blockchain & AI-based “Global Shopping Platform as a Service”, that dynamically connects brands, existing retailers and shoppers. The platform will seek to capture customers’ behaviours and translate them to optimized unique experiences, whilst allowing consumers control over their data.

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At the core of the End-to-End shopping ecosystem is the Global WishBasket Shopping Protocol (GloWS). It will leverage a sophisticated blend of smart contracts and artificial intelligence to give the retailer a deeper insight into the intent of the shopper and will facilitate inter-retailer collaboration for a better outcome for both retailers and shoppers; thereby improving brand authenticity, sustainability, and overall shopping experience.

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