Narek Sirakanyan is an Armenian entrepreneur who for decades has worked for several prominent companies such as the Bing Han company for 30 years. During that time he was accustomed to dealing with all the problems of the trade industry, especially the current trade industry that almost entirely uses digital technology. On the Russian market itself he saw a large number of Russian intermediate entrepreneurs who had difficulty developing marketing to the international level. This is related to permits and costs incurred for promotion. This phenomenon encourages Narek to create a platform that is not only useful for large companies, but also helps small start-up companies who also want to expand their business on the international market.
In 2016 Narek Sirakanyan began his ambitious project by establishing Sessia as a technology based platform that integrates the concepts of e-commerce and social media. Various services and features presented by Sessia can be enjoyed free of charge by its users. The main reason for the founders of choosing technology is to provide payment services that can be accessed by all international quickly. Unlike the case if business people implement a manual system such as using local banking services that must pass several requirements.
Some of the main uses of technology:
- In addition to payment transactions, the blockchain technology itself functions in the field of data protection such as receipt data, comments, reviews, and client structures where the data cannot be changed and falsified.
- Provides digital for users. This digital will later function to save user money and transaction history such as recording cashback and kickback. Of course this can only be obtained with the blockchain system.
- A decentralized system that allows servers to be able to service all types of requests and needs of users, even though these activities are carried out at the same time. Unlike the case with a centralized system that makes users have to wait a long time and if the central network is damaged, then all the systems below can not function at all.
- Blockchain technology that can make Sessia able to access Ios and Anroid users.
- It is possible to make your own currency, just like Sessia makes a currency called “kiks”. This currency was created to transfer cashback to any country quickly, cheaply and safely.
- The ability of blockchain technology to record user activities, such as seeing proof of payment for other users. later this recording can be used by other users to get cashback or kickback.
Another fundamental difference between Sessia and platfom e-commerce is the promotion strategy offered. In other e-commerce users cannot operate their merchandise directly, because all operations have been controlled by the e-commerce developer. Unlike the case with Sessia which gives full responsibility to the sellers. Everything starts from the design / concept of the online and the price offered. The second difference lies in the advertising system, if in other e-commerce the seller must pay advertising costs to the agent, therefore on the Sessia platform the seller can promote the product with a cashback and kickback system.
The cashback system is obtained if there are 1 users who enjoy at restaurant A, after the user makes a payment, then with the approval of user 1, the image will be posted by Sessia to the Sessia account page other social media platforms. Later if there are 2 users who will be interested in making a payment transaction at that restaurant, then the user will get a kickback. The bonus kickback obtained by user 1 will be taken as much as 20% percent by the Sessia first. Suppose a user pays as much as $ 10, and gets a cashback of 1% or $ 1, then Sessia will get 20 cents (20% of $ 1).
Therefore this platform can only be used by sellers, but can also be enjoyed by buyers. Of course all these can be operated sophistication thanks to technology.
To run the kickback and cashback system, of course, you must determine some agreements with the company partners. For example, how much the profit will be given to partners companies using the Sessia platform. At the moment there are 15–20%, while large companies like Walmart are only about 1%.
Please note that we highly respect the privacy of its users. The seller can only publish proof of payment if the user provides a QR code. But users cannot benefit from the cashback and kickback system. Unlike the case, there is a platform that can only be published without asking for user approval.
Official resources of the SESSIA project:
WEBSITE:
TELEGRAM [CHAT]:
TELEGRAM [CHANNEL]:
WHITEPAPER:
ANN THREAD:
FACEBOOK:
TWITTER:
REDDIT:
LINKEDIN:
INSTAGRAM:
IOS:
ANDROID:
YOUTUBE:
Published at Wed, 24 Apr 2019 05:34:54 +0000
