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Use cases

Cloud Wallet is a ledger layer which displays the internal economics of your product, enables you to implement new business models and manage your business more efficiently. You can use the embedded wallet in multiple scenarios such as loyalty or bonus programs, asset and inventory accounting, internal P2P transfers, or M2M payments.

The following use cases illustrate the versatile potential of Cloud Wallet:

Let’s assume you have a fleet of vending machines. You would probably have to keep a Google Sheet or a mental count to see how quickly your machines use up supplies and how much you earn on each purchase. Alternatively, you could use Cloud Wallet as an embedded “accountant ledger” and track the internal economics of your vending machines from your web or mobile interface.

By monitoring inventory flow, you can manage your coffee fleet more efficiently. This, in turn, enables you to achieve continuous sales and positively affects your bottom line.

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Smart business

Gamification tools tap into the brain’s reward system and use recognition, rewards, and a sense of completion to provide an engaging experience. Rewarding employees with points for completing goals tied to their KPIs can significantly increase participation and engagement.

With our API, employees can earn and store their points on a personal cloud wallet. With the functionality to spend and transfer points, participants can also redeem rewards and benefits for their performance.
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Smart city

Vehicles parked on streets reduce road space and not only disrupt a continuous flow of traffic, but prevent emergency services from tending to their duties. Local communities and residents can participate in reporting parking violators to keep their neighborhoods safe. And to make it more engaging, participants can be rewarded for their help. For every illegally parked car a resident reports with their smartphone, they can receive points on their dedicated cloud wallet. With our API, citizens can earn, store, and spend points on local rewards like free public transport tickets and parking vouchers.
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Smart home

Computer simulations help scientists solve the world's biggest problems in health and sustainability. The bad news is there is not enough available computational power for them to do so. Providing incentives for volunteering spare processing power of your home computer can significantly increase the resources available to scientists. Our API presents a way to reward volunteers with points for every qualifying hour they dedicate to science. A dedicated cloud wallet can be used to redeem points on discounts online, access to online publications, or any other connected reward.
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Use cases

Smart vending machine

Want to build a similar product?

Smart business

Smart city

Smart home

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