05:28:18 EDT Wed 15 May 2024
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Global Compliance Applications Corp
Symbol APP
Shares Issued 254,233,560
Close 2023-09-05 C$ 0.01
Market Cap C$ 2,542,336
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Global Compliance talks NFT coupons

2023-09-06 14:41 ET - News Release

Mr. Hanan Gelbendorf reports

GCAC ANNOUNCES UPLIFT NFT COUPONS NOW REDEEMABLE ON 10M+ WEBSITES

Global Compliance Applications Corp. has successfully developed integrations of its Web 3.0 Uplift NFT (non-fungible token) coupons for use on WooCommerce, a prominent WordPress e-commerce platform hosting 6.3 million active webstores, and Shopify, a platform with an equally substantial presence, boasting 4.3 million active sites.

GCAC stands out as the pioneer in e-coupons on a blockchain, championing the proactive approach to reshape the e-commerce landscape by bridging the gap between Web 2.0 and 3.0. Through its Citizen Green project, the company has seen strong interest in its NFT coupon solution among brands. Many of these CBD brands not only sell products on their own website but on other e-commerce platforms too.

Through the Efixii ethereum Layer 2 blockchain and the Uplift dApps' product life cycle attestation platform, brands and retailers can now connect their unique product stories to customer feedback via scannable QR codes. Utilizing Uplift NFT coupons, brands and retailers gain immeasurable benefits beyond traditional 2.0 couponing, including never-ending consumer feedback loops, in-app referral-based social marketing programs, loyalty initiatives, access to free POS (point-of-sale) data insights, data analysis through Efixii's data sets, and its AI (artificial intelligence) and machine learning algorithms, coupled with immediate e-coupon payment settlements through its USDC cryptocurrency bridge. Today's groundbreaking initiative promises to enhance the e-commerce experience for consumers and businesses while expanding Efixii's e-couponing reach to over 10 million businesses on WooCommerce and Shopify.

Hanan Gelbendorf of GCAC's global development team commented: "We are actively on-boarding brands and their products onto our e-couponing platform. The initial phase involves the inclusion of the first two brands this month, each featuring multiple product SKUs. This collaboration will result in the creation of over a thousand coupons during the initial campaign. Furthermore, these products are expected to drive recurring business for us as the brands plan to execute multiple discounting campaigns for each product, utilizing Efixii and Uplift capabilities."

About Global Compliance Applications Corp.

Global Compliance Applications is a global leader in designing and developing innovative blockchain technologies and machine learning solutions to improve real-world businesses. Global Compliance Applications' leading solution is Efixii, an ethereum Layer 2 blockchain and EVM (ethereum virtual machine) programming functionality that is on par with other Layer 2s, such as Polygon. Global Compliance Applications can quickly connect each participant from product producers, distributors, manufacturers and retailers through a series of value-chain dApps (decentralized apps) that allows for data connectivity to drive better consumer experiences and sales. Global Compliance Applications created clearESG to assist businesses in communicating their sustainability goals and earned attributes on the blockchain through a series of ESG (environmental, social and governance) merit badges. As an interconnected supply chain solution, the Efixii solution pays tokens for attesting to a product's value, or truthness, through a reward program. Global Compliance Applications works in many agricultural industries, providing a value-added blockchain offering through a cost-effective SaaS (software as a service) licensing model.

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