A blockchain startup called Maxdata.io might have found a way to drastically reduce online prices for bills and services using Blockchain technology.
Like most innovations, the idea behind Maxdata`s platform is simple yet very effective –
instead of us buying most online things through middlemen – comparison websites , E-Commerce affiliates, and other web merchants – Maxdata offers a way to publish your desired price straight to the providers and suppliers. This way, companies know what a certain consumer is paying for their product or service, and can offer a better price or a deal. This might sound simple, but it can actually be very lucrative for the advertisers.
But what makes this unique?
As we know, advertisers, suppliers and providers spend billions of dollars trying to pinpoint and target the right consumers for their products. The more the consumer is interested in their product the more valuable he becomes.
By establishing a direct contact between a consumer that has ALREADY showed intent in buying the product for a better price and the company that offers it – Maxdata can reduce marketing and advertising costs for millions of companies. Hopefully, this reduction can then be rolled onto the consumers themselves, lowering the prices that companies can offer.
How exactly does this work?
Maxdata.io platform uses Blockchain technology to allow consumers to provide information about services they need and how much they are currently paying for them. This data is then stored anonymously on the Blockchain in a secure and decentralized manner. The MaxData platform is then able to connect between the two parties using smart AI and algorithms. The advertisers don`t know the exact name of the consumer but they do know what he is paying for (as well as how much he is currently paying) and can offer a better deal or terms with a click of a button.
Save money automatically
Maxdata ensures that by using their platform, you will be able to “save money while you sleep”. How so? All you have to do is login – the app will then do all the work for you and let you know about the price alerts from the advertisers. (You will be able to mute, of course.)
Maxdata believes that the more consumers and service providers join up and the more the platform grows, the bigger the savings for consumers worldwide.
Changing the marketing ecosystem.
The people at maxdata are certain that this innovation will change the marketing and advertising ecosystem as we now know it – forever .
MaxData bears exciting tidings – the future of online marketing.
This start-up will make your online shopping easier and cheaper -it`s up to you to like them and help them grow. Visit maxdata.io or their facebook page for more information.
