Token-Based Loyalty Program for Pharmacies

[GENERAL] Name and surname of main applicant

Alaa Benmahmoud

[GENERAL] Email address of main applicant

alaabenmahmoud2@gmail.com

Additional applicants

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[GENERAL] Please specify how many months you expect your project to last (from 2-12 months)

10

[GENERAL] Please indicate if your proposal has been auto-translated into English from another language.

No

[GENERAL] Does your project have any dependencies on other organizations, technical or otherwise?

No

[GENERAL] If YES, please describe what the dependency is and why you believe it is essential for your project’s delivery. If NO, please write “No dependencies.” .

No dependencies.

[GENERAL] Will your project’s output/s be fully open source?

No

[GENERAL] If NO, please describe which outputs are not going to be open source. If YES, please write “Project will be fully open source.”

While we strongly support the principles of transparency and openness, the specific components of our project related to security, privacy, and user data protection require proprietary solutions to maintain integrity and robustness. Hence, certain aspects of the project will not be open-source. However, we aim to share as much of our learnings and general architectural approach with the community as possible.

[METADATA] Category of Proposal

Other

[IMPACT] Please describe your proposed solution.

Our proposed solution aims to modernize and streamline the customer loyalty programs in pharmacies, particularly in Germany, through the implementation of a token-based system on the Cardano blockchain. The current systems, usually card-based, pose challenges such as loss or damage of physical cards, and potential misuse of customer data. 

We intend to build a digital loyalty program, where customers earn non-transferable tokens for their purchases. These tokens can be accumulated and redeemed for discounts, enhancing customer retention. Simultaneously, it protects customer data as the tokens don't track purchase history, only the amount of tokens accrued.

We're approaching this problem with blockchain technology due to its unique properties: transparency, security, and immutability. These properties will allow us to build a loyalty program that not only benefits the customer but also the pharmacies by providing a more robust, efficient, and privacy-centric system. 

The main stakeholders engaged in this project will be the pharmacies and their customers. By proving a successful implementation, we aim to show the versatility and practical use-cases of the Cardano blockchain beyond financial transactions.

What sets our solution apart is the use of the Cardano blockchain and its native tokens to solve a real-world issue, while maintaining high standards of privacy and security. 

This project will not only showcase the practical applicability of the Cardano blockchain, but also attract more users and developers to the ecosystem, potentially inspiring similar solutions in other sectors. The success of this project could pave the way for more widespread adoption of blockchain-based solutions in day-to-day operations of various businesses, thus contributing to the overall growth of the Cardano ecosystem.

[IMPACT] How does your proposed solution address the challenge and what benefits will this bring to the Cardano ecosystem?

Our proposed solution addresses the challenge of facilitating a more efficient, secure, and transparent loyalty program in pharmacies, particularly in Germany. This is achieved by leveraging the capabilities of Cardano's blockchain and native tokens. 

For the Cardano ecosystem, this project will showcase the utility of Cardano's native tokens and the power of blockchain technology in a real-world context outside of just financial transactions. It provides a use-case example of how blockchain can offer solutions to everyday problems, strengthening its position as an adaptable and versatile technology.

Though we anticipate that the initial user base may be limited, due to the scope of this proof-of-concept, the successful implementation could potentially influence a broader adoption. It can serve as a practical demonstration of the Cardano blockchain's capabilities, attracting new users and businesses to the platform and thus expanding the community.

While our primary focus is not on transactions or user growth, we believe the proof-of-concept could stimulate further development and innovation within the ecosystem. This could lead to an increase in the number of transactions on the Cardano network in the long run, as more businesses implement similar solutions.

In conclusion, our project adds value to the Cardano ecosystem by proving its potential in real-world applications, promoting its adoption, and inspiring further innovation.

[IMPACT] How do you intend to measure the success of your project?

Our proposed solution addresses the challenge of facilitating a more efficient, secure, and transparent loyalty program in pharmacies, particularly in Germany. This is achieved by leveraging the capabilities of Cardano's blockchain and native tokens. 

For the Cardano ecosystem, this project will showcase the utility of Cardano's native tokens and the power of blockchain technology in a real-world context outside of just financial transactions. It provides a use-case example of how blockchain can offer solutions to everyday problems, strengthening its position as an adaptable and versatile technology.

Though we anticipate that the initial user base may be limited, due to the scope of this proof-of-concept, the successful implementation could potentially influence a broader adoption. It can serve as a practical demonstration of the Cardano blockchain's capabilities, attracting new users and businesses to the platform and thus expanding the community.

While our primary focus is not on transactions or user growth, we believe the proof-of-concept could stimulate further development and innovation within the ecosystem. This could lead to an increase in the number of transactions on the Cardano network in the long run, as more businesses implement similar solutions.

In conclusion, our project adds value to the Cardano ecosystem by proving its potential in real-world applications, promoting its adoption, and inspiring further innovation.

[IMPACT] Please describe your plans to share the outputs and results of your project?

The primary output of our project will be the proof-of-concept (PoC) for a blockchain-based pharmacy loyalty program, including its technical documentation. We plan to share the results with the Cardano community and the wider blockchain and pharmacy sectors to gather feedback and potentially inspire more innovative solutions.

Here are our plans to share the outputs and results:

1. Community Engagement: We will actively communicate the project's progress through regular updates on Cardano forums and social media platform
2. Public Presentation: Upon completion of the PoC, we will present our findings, experiences, and lessons learned to the Cardano community, perhaps via an online webinar or a live demonstration
3. Case Study and Technical Documentation: We will prepare a comprehensive case study, including technical documentation of the project

As for the future, the results from this project will significantly contribute to our understanding of how blockchain can be integrated into practical real-world use-cases, such as loyalty programs. The knowledge and insights gained will feed into our future research and development activities, guiding our approach and informing our decisions in similar projects.

We expect that the proof-of-concept could stimulate broader discussions about blockchain's potential in loyalty programs and customer engagement strategies, and lead to the exploration of further use-cases. Thus, our project could serve as a stepping-stone towards a larger, more comprehensive approach to blockchain-based customer engagement in various sectors.

[CAPABILITY/ FEASIBILITY] What is your capability to deliver your project with high levels of trust and accountability?

Our team uniquely combines technical prowess and industry-specific acumen, positioning us ideally to deliver on this project with utmost trustworthiness and responsibility. Dr. Alaa Benmahmoud, our principal proposer, is an active pharmacist in Germany. Her thorough comprehension of the pharmaceutical sector will guarantee our project's alignment with the real-world needs of this environment.

Complementing her expertise is Oussama Benmahmoud, who brings significant knowledge in blockchain technology to the table. His expertise and seasoned experience will be crucial in the technical design and execution of our project.

Backing our project is PeakSoft GmbH, a renowned technology firm with an established reputation for delivering top-tier software solutions. This collaboration not only guarantees technical superiority, but also provides robust project management facilities, promising prudent use of funds and punctual delivery of project milestones.

As custodians of the community's faith and resources, we appreciate the importance of accountability and transparency. We commit to being fully transparent in our fund management procedures, providing regular progress and financial updates. We pledge to provide precise, detailed, and timely reports on the utilization of funds, while maintaining open communication channels with the community.

Given this mix of sector-specific knowledge, blockchain competence, and sturdy project support, we are confident in our capacity to successfully implement the project with the highest levels of accountability and trust.

[CAPABILITY/ FEASIBILITY] What are the main goals for the project and how will you validate if your approach is feasible?

The main objectives for our project are as follows:

1. To develop a blockchain-based solution for pharmacies that enables a secure, transparent, and efficient loyalty program. 
2. To ensure customer data protection through an innovative and decentralized loyalty syste
3. To incentivize customer loyalty through a unique token-based reward mechanism, encouraging customers to continue patronizing the same pharmacy
4. To leverage the Cardano ecosystem to create our loyalty tokens and establish a scalable, sustainable solution that can be expanded to accommodate more pharmacies and customer

In terms of feasibility validation, we'll conduct several steps:

1. Technical Feasibility Assessment: Our team will leverage their blockchain expertise to carry out a technical feasibility assessmen
2. Pilot Testing: Pilot testing will be conducted in a controlled environment with a small group of user
3. Stakeholder Consultation: We will engage with pharmacists, customers, and other key stakeholders to garner their feedback and suggestions on our proposed system
4. Ongoing Review & Refinement: Throughout the project, we will continuously monitor progress and performance against our objective

By following these steps, we will ensure that our approach is not only feasible but also aligns with the needs of the pharmacy ecosystem and the values of the Cardano community.

[CAPABILITY/ FEASIBILITY] Please provide a detailed breakdown of your project’s milestones and each of the main tasks or activities to reach the milestone plus the expected timeline for the delivery.

Milestone 1: Requirement Gathering, Analysis, and Project Management Preparation (1 month)

1. Project Management Preparation: Set up the project management framework, outline roles and responsibilities, define communication channels and reporting structure
2. User Research: Gather insights and feedback from potential users on existing loyalty program
3. Requirement Analysis: Analyze collected data and requirements to draft a specification document

Milestone 2: Design and Token Development (2 months)

1. Solution Design: Design the structure and workflow of the blockchain-based loyalty system
2. Token Development: Develop, test and mint the non-transferable, non-sellable loyalty tokens on Cardano blockchain

Milestone 3: Platform Development (4 months)

1. Backend Development: Develop the backend infrastructure to manage token distribution, redemption, and tracking
2. Frontend Development: Develop an easy-to-use interface for user

Milestone 4: Testing and Deployment (3 months)

1. User Testing: Conduct testing with selected user
2. Feedback Incorporation: Iterate on the product based on feedback and improve the system accordingly
3. Final Deployment: Deploy the final version of the system

[CAPABILITY/ FEASIBILITY] Please describe the deliverables, outputs and intended outcomes of each milestone.

Milestone 1: Requirement Gathering, Analysis, and Project Management Preparation

• Deliverables: Project management plan, user research report, finalized specification document.
• Intended Outcomes: Clear project roadmap, identified user requirements, and finalized project specification.
• Measurement: Successful setup of project management framework, completion of user interviews and surveys, finalized specification document.

Milestone 2: Design and Token Development

• Deliverables: Design documents, loyalty token smart contract.
• Intended Outcomes: A detailed layout of the platform, successfully minted tokens on Cardano blockchain.
• Measurement: Completion of design documents, successful development, testing and minting of the token.

Milestone 3: Platform Development

• Deliverables: Backend and frontend code, user interface, updated project documentation.
• Intended Outcomes: Fully functional loyalty platform ready for user testing.
• Measurement: Completion of backend and frontend code, successful deployment of the platform for testing.

Milestone 4: Testing and Deployment

• Deliverables: User testing reports, final product ready for deployment.
• Intended Outcomes: A thoroughly tested platform, ready for public use.
• Measurement: Completion of user testing, feedback incorporation, and successful deployment of the final version of the system.

[RESOURCES & VALUE FOR MONEY] Please provide a detailed budget breakdown of the proposed work and resources.

Milestone 1: Requirement Gathering, Analysis, and Project Management Preparation

• Estimated Cost: 50,000 ADA

This cost will cover project management setup, user research, requirement gathering, and drafting the project specification. It will also include any software or services required for these activities, like project management tools, survey platforms, etc.

Milestone 2: Design and Token Development

• Estimated Cost: 60,000 ADA

This cost will cover the designing of the platform and the development of the loyalty token. It will include costs for design tools, smart contract development tools, and the cost of minting the token on the Cardano blockchain.

Milestone 3: Platform Development

• Estimated Cost: 100,000 ADA

This cost will cover the development of the platform, including frontend and backend development, integration of the token with the platform, and any third-party services required for the platform to function effectively.

Milestone 4: Testing and Deployment

• Estimated Cost: 80,000 ADA

This cost will cover testing activities, including user testing, bug fixing, and the deployment of the platform. It will include any software or services required for these activities, such as hosting, testing tools, etc.

[RESOURCES & VALUE FOR MONEY] How does the cost of the project represent value for money for the Cardano ecosystem?

Our proposed budget has been meticulously planned to ensure the highest value for the Cardano ecosystem. We've benchmarked our costs against industry standards, accounting for the unique challenges and requirements of our project.

1. Real-world adoption: This project will promote the real-world use of Cardano and its smart contract functionality in the healthcare sector
2. Scalable solution: Our token-based loyalty system has potential scalability not only across other pharmacies, but across other retail sectors as well
3. Expert team: The budget directly finances an experienced team of developers, project managers, and industry professional
4. Development costs: Costs associated with development, design, and project management have been estimated based on typical rates in the blockchain industry
5. Sustainable operations: The budget will ensure that the project can maintain operations, update and refine the system as needed, providing a sustained benefit to the Cardano ecosystem

Ultimately, this project aims to deliver a tangible, usable product that demonstrates the real-world applicability of Cardano's technology, thereby enhancing Cardano's reputation, user base, and potential for further innovation.

[IMPORTANT NOTE] The Applicant agreed to Fund10 rules and also that data in the Submission Form and other data provided by the project team during the course of the project will be publicly available.

I Accept