LivenPay -- The Dining Rewards App


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Meal buyers are the backbone of online meal servicing but they are compelled to eat at high cost and have very limited options to choose from. Additionally, there is no redress mechanism that allows them to complain about the quality of the meals or for dispute resolution. There is also very minimal information on the food items used, preparation, and servicing.

Sellers of the food, on the other hand, are faced with environmental issues that often result in failure and discontinuance of their businesses. They also have to pay high commissions to network aggregator and financial intermediaries. Sellers do not have a mechanism to identify low-quality services and are constantly struggling to compete with low-cost sellers.

Livenpay Solution 


LivenPay is the first decentralized meal serving network that is connecting meal sellers and buyers. Sellers will be able to come up with homely and affordable meals for their buyers at low cost, with minimum intermediation and increase the value of their business. LivenPay allows stakeholders to transact on the platform and adds value to their business and network.


In short, it will be a complete, open ecosystem to match food demand to supply, seamlessly and globally.
Imagine a world where consumers can get the best prices, cooked or groceries, directly from supplier to consumer with zero delay. Imagine a cashless system which will end food waste by matching excess raw ingredients to food outlets facing shortages nearby.
Imagine a world where regulators, merchants and consumers need not guess their food sources,

Have you ever been frustrated waiting in line during the lunch hour crush, knowing your only options are going at odd hours or paying over-the-top prices to get food delivered cold? Did you know there is already a solution in the market for eating freshly prepared food, served piping hot right in your favourite food outlets?
It is both unnecessary for the user to wait and costly for businesses as they are unable to measure the number of customers lost due to lengthy wait time and inefficient order management. We aim to solve all these issues and more via our predictive algorithms and AI solution built into an already complete and robust Order, Pay and Collect offering.

Benefits Of LivenPay Platform



LivenPay is the global meal sharing platform, which is blockchain empowered and offers transparent opportunity for food buyers and sellers to transact with each other.
The benefits of the platform include:

It eliminates intermediaries in the meal online business due to the decentralized platform, which makes every meal affordable to buyers.

The platform comes up with a management and reputation rating of the participants in the platform. This is an ongoing process that is based on the blockchain. This will increase trust in the participants business

It distributes the value accrued from the growth of the network among the participants. Tokenization of transactions and rewards will lead to maximum benefits for all.

The platform has a democratic mechanism that involves participants allowing them to resolve conflicts in a transparent and fair manner.

Buyers can choose meals anywhere, they can also preorder medals, pay in advance, and modify their orders based on the simple rules of the platform

WHY BLOCKCHAIN?



Blockchain as a technology is still extremely new: people are still learning how to use it and what its limitations are. We saw it as a challenge to apply the benefits of the blockchain to real world problems. Specifically, we recognised the huge value behind its ability to establish trust and cut out middlemen overheads.

Transactions recorded on a blockchain are immutable and transparent. By recording transactions across the numerous nodes in a blockchain, hacking a transaction is made impractical through the sheer amount of computing effort needed to subvert the transaction.

Most cashless solutions out in the market involve credit cards and, by extension, a surcharge levied on credit card transactions. Our goal was to eliminate this levy as well as remove the surcharges that would be passed on to the consumers.

LivenPay Tokens

• This number represents the sum of all Tokens circulating within the ecosystem.
• This utility token will be divisible to 18 decimal places, which gives us the most accurate conversion between
the LVN Token and the Rechain Points.
• Internally, the LVN Token functions to authorize access to the platform and facilitate payment for LVN
Points needed by Brands to purchase a campaign on the LVN platform; and by Publishers to improve
engagement, retention and CPMs.
• Token holders will be able to check their LVN token balance and transfer LVN tokens to other
addresses, including exchanges.

Liven App



The wallet facilitates the purchase of goods and services, earning and redemption activities, import and export of tokens, tracking of balances, and currency conversion.
As tokens live on both the blockchain and internally within the the LivePay Platform, our apps will maintain features that incorporate the best of both worlds.

DISCOVER:
Browse over a thousand of Melbourne and Sydney’s best restaurants, bars and cafés such as 8Bit, Gelato Messina, NeNe Chicken, Gong Cha, Roll’d, MoVida, Maha, and more - hand picked and curated just for you by occasion, cuisine, location, or popularity.

PAY:
Make instant payments at point-of-sale with your phone! Just hit ‘pay now’ at the counter and the staff will know what to do - no need to worry about AMEX, surcharge, or damage to your card’s chip.

EARN LVN:
Get rewarded for every single purchase in LVN - The Digital Currency for Food. Restaurants are paying out LVN up to 30% of the total spend, so you can easily score $30 when grabbing the bill.

SAVE OR SPEND:
LVN earned goes into The Liven Wallet, where it can be saved up indefinitely for a rainy day, spent for face value at any venue in the Liven network, either as sole spending currency, or with the help of your linked card, or, sent to a friend’s Liven wallet.

SEND LVN:
Share any LVN earned to friends or colleagues with instant peer-to-peer transfer. Use this to send a gift, split a bill, settle a debt, or just to be nice. Just type in the username, and hit send.

GET FREEBIES!
Trying out a new payment method can be daunting, so to help everyone get started, we’re always offering goodies, freebies, promos, and giveaways. Check out our Facebook page, Instagram feed, or look for posters at venues to see if you can get lucky with a free meal at one of our favourite partners!

Website : https://go.livenpay.io/75pFH9NPQT
Whitepaper : https://s3-ap-southeast-2.amazonaws.com/livenpay.io/LIVEN-WhitePaper(EN).pdf


Author : hanungcuy
Btt link : https://bitcointalk.org/index.php?action=profile;u=2061725


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