How Adebayo Surakatu is transforming the FinTech Industry through his new Blockchain venture5/18/2018 A German-based GeoInformatic Engineer and Blockchain expert, Bayo Surakatu seems to have an ace up his sleeve. Bayo Surakatu is allegedly working on a new state-of-the-art Blockchain project which is likely to reshape the Fin-tech industry and the global shopping marketplace. The project is called SUBAJ and it aims to revolutionise the shopping and loyalty industry by means of a crypto-based reward system. Talking about the project, Mr. Surakatu reveals that he is building a decentralised shopping marketplace for all the companies, businesses, retailers and merchants where they all can participate for their mutual benefits. The platform will also benefit customers in a number of ways. First and foremost, it will provide a meaningful loyalty reward system to the customers where they will be getting crypto-based reward tokens. These tokens will be redeemable at any store within the SUBAJ Global Network. The customers will also get instant notifications about various discounts and loyalty programs being offered by the merchants in their area.
Who Is Adebayo Surakatu? Mr. Adebayo Surakatu is a GeoInformatic Engineer based in Bremen, Germany. For over 10 years, Surakatu has worked in the field of Mobile Geo-spatial Technology. He has been the Chief Operation Officer and later vice-president at a Swiss-based mobile commerce company. Mr. Surakatu has also been the leading Engineer at the company and during his days, he successfully implemented technologies like Geo-commerce and Geo-targeting in Retail, Commerce, Blockchain and Fin-tech sectors. He travelled across several countries from North-America, Caribbean, South-America to Europe and Asia for collaborations and established strong business relations with the governments, triple A rated companies and several other institutions. Over the course of time, Mr. Surakatu has attained immense experience in building, implementing and executing technologies in the finance, commerce and retail sectors.
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Bayo Surakatu is globally known for his serial entrepreneurial persona. With an active participation in over a dozen global technological ventures, the man has given an indelible contribution in the field of Geo-commerce, Retail Commerce, Artificial Intelligence and Mobile Geo-spatial technology. Mr. Bayo Surakatu who happens to be a GeoInformatic Engineer with over 10 years of experience in implemented technologies like Geo-commerce and Artificial Intelligence in the Fin-tech sector, is now working on his new Crypto venture. With this new technological venture, the German-based innovator aims to revolutionise the shopping and loyalty industry by introducing a one-of-a-kind crypto-based reward system to the customers. As revealed by Bayo Surakatu himself, the platform (SUBAJ Global Network) will be powered by some of the most innovative technologies like Blockchain, Augmented Reality, Social Gamification (Pokemon Go Concept) and Geo-drop Technology. The platform is devised in such a way that it will be evenly beneficial for both customers and the merchants in a number of ways. SUBAJ Global Network (SGN) provides a Blockchain based loyalty infrastructure where the merchants can create their own business tokens and offer them to their customers. Also, the customers get value-based crypto-tokens as the reward which they can redeem at any merchant store within the SUBAJ Global Network.
Of course, the project seems quite promising and it may really change the way we make daily purchases. But what’s more intriguing is the fact that Mr. Surakatu is also adamant about helping the deprived, underprivileged and homeless kids of the world through this very project. For this sole purpose, he has established a non-profit organization called SUBAJ Charity Foundation that is committed to serving these children in rural and remote areas across the world. Every time a customer makes purchases at any store registered within the SUBAJ Global Network and receives either SBJ or Business Tokens as the loyalty reward, a small percentage of the token amount also goes to the SUBAJ Charity Foundation. This way, the customers not only save big on their purchases but also contribute towards helping the deprived and underprivileged children of the world. Objectives of SUBAJ Charity Foundation:
A Globally known GeoInformatic engineer from Germany, Bayo Surakatu is apparently working on a crypto-based reward platform called SUBAJ for almost a year now. Backed by the state-of-the-art Blockchain technology, the platform aims on disrupting the shopping experience of millions of customers from across the globe.
For rendering an extraordinary shopping experience to the customers, Mr. Bayo Surakatu has patented the GeoDrop technology for his SUBAJ platform. As revealed by Mr. Bayo Surakatu, the GeoDrop technology will be fruitful for both the merchants and customers in a number of ways. The merchants to send instant offers and discounts to the customers who are travelling in their proximity zone. Seeing all these offers, the customers can decide at which merchant store they should be heading at a given time to save more on their purchases. The idea conceptualized by Surakatu in GeoCommerce utilises a patented GeoDrop Technology whereby Merchants and Retailers can create Real-time Offers tailored to customers’ preferred needs and target the customers travelling within a specified proximity zone. Integrating GeoCommerce with Artificial Intelligence will help SUBAJ to study the pattern and shopping behaviour of the customers. The platform will further use smart algorithms to predict and target the desired offers and products to the customers. Matching all these with Augmented Reality and Social Gamification creates a new experience of shopping and rewards offering. How cool is it to get instant real-time offers exactly when you need them directly on your mobile phone. SUBAJ Blockchain Platform is bringing a new revolution to the way customers shop and buy. Once completed, SUBAJ is going to be a global decentralised marketplace backed by the Blockchain technology where different types of businesses, companies, institutions, merchants and retailers will be participating for their mutual benefit. Combining all these entities, it’s going to form an enormous network all over the world, also known as the SUBAJ Global Network (SGN). Benefits of Implementing GeoDrop Technology: Customers: They will be getting instant offers and discounts on their purchases from various merchants in their proximity zone. Merchants: The merchants will get an effective means of advertising and marketing. They can easily reach their potential customers and grab their attention instantly. Seeing all these potential benefits and promising aspects, Mr. Bayo Surakatu is certain that the use of all these cutting-edge technologies in SUBAJ is going to revolutionize the entire shopping industry. Augmented Reality (AR) is one of the most sought after elements in Artificial Intelligence. As of today, the technology has dozens of use cases and applications in almost every industry. Augmented Reality is gradually spreading its wings and is expanding to new horizons. Talking about few of its applications, AR is currently being used in the Smartphone technologies, Headsets, Military equipments, Social Gaming, Promotions and Advertising. When it comes to gaming, the role of augmented reality is really taking off. Not long ago, an AR-based game called Pokemon Go developed by Niantic Labs vent viral all over the world. Using the same concept, a German based Innovator and entrepreneur, Adebayo Surakatu is planning to introduce Augmented Reality (AR) into retail commerce for the first time through his SUBAJ project. Mr. Bayo Surakatu is a GeoInformatic Engineer who is globally known as an Innovator, Technologist, Serial Entrepreneur and Visioner. With over 10 years of experience in Mobile Geospatial Technology, he has previously implemented technologies like GeoCommerce and GeoTargeting in areas like Retail, Commerce, Blockchain and FinTech sectors. It was during his days as a leading Engineer at a Swiss-based mobile company which he left lately for his new Blockchain venture. Mr. Bayo Surakatu is allegedly working on his new blockchain project called SUBAJ to revolutionise the shopping industry through crypto-based reward system. Talking about the project, he is apparently developing a decentralised shopping marketplace powered by the Blockchain technology where different types of companies, businesses, merchants and retailers can participate for their mutual benefit. The platform will allow these entities to create their own crypto tokens (business tokens) and offer them to the customers as loyalty rewards on their purchases.
The customers will also be benefited from the platform in a number of ways. Owing to the availability of crypto-based rewards, they can redeem the reward points received from one merchant at any other merchant or retail store within the SUBAJ network. So for the first time, the rewards will have a real value since they are backed by the crypto tokens. The Role of Augmented Reality Here’s the catch. Augmented Reality (AR) has a crucial role to play in SUBAJ. This technology is used by SUBAJ to provide an interactive UI and immersive UX to the SUBAJ mobile app users. The customers can see different types of elements on their mobile screen while using the SUBAJ app in real-time. The SUBAJ app uses the same concept as Pokemon Go where the users (customers) can see which merchants are offering discounts and loyalty rewards while travelling in given proximity zone. SUBAJ Charity Foundation Bayo Surakatu is also adamant on creating a more meaningful world for the deprived and underprivileged children of the society through a non-profit organisation associated with SUBAJ known as SUBAJ Charity Foundation. Every time a customer redeems a voucher and receives either SBJ or Business Tokens as loyalty reward, a small percentage of the Token amount also goes to the SUBAJ Charity Foundation. We have to say, the concept seems to be quite promising and we are eagerly waiting for the launch. Let’s hope things work our well for SUBAJ and Mr. Bayo Surakatu and we get access to the platform pretty soon. The CEO of SUBAJ Group, Bayo Surakat is travelling across different countries for collaborations and discussions pertaining to his new Blockchain project. The project is called SUBAJ Global Network and it aims to revolutionize the shopping and loyalty reward industry by means of a crypto-based reward system. Bayo Surakat is globally known as an Innovator, Technologist, Serial Entrepreneur and Visioner. He is a geoinformatics Engineer with over 10 years of experience in Mobile Geospatial Technology. He has been the Vice President Sales and leading Engineer at a Swiss-based company where he successfully implemented GeoCommerce and Artificial Intelligence technology in Retail-Commerce, Blockchain and FinTech sectors. Over the course of time, Mr. Surakatu has attained immense experience in building, implementing and executing start-of-the-art technologies in the finance, commerce, and retail sectors. Talking about his new project, he states that it will revamp the shopping experience of billions of customers from across the globe. However, not much has been revealed about the SUBAJ Blockchain project just yet. What we know so far is that he is creating an enormous group of companies, businesses, retailers and merchants who will be offering crypto based reward tokens to their customers. How The Platform Will Help Merchants and Customers?
We just hope that things turn out well for Mr. Adebayo Surakatu and we may have this kind of state-of-the-art reward platform pretty soon. The CEO of SUBAJ Group, Mr. Adebayo Surakatu is allegedly working on a new global Blockchain venture and it seems like he doesn’t want to leave any stone unturned clearly this time. On his American tour to New York, he had a formal meeting with the State Senator, Jesse Hamilton III in Brooklyn where he discussed future possibilities regarding the project. Mr. Adebayo Surakatu, a GeoInformatic Engineer with over 10 years of experience in Mobile Geospatial technology is apparently working on creating a loyalty reward platform that will reshape the existing shopping scenario across the world. His idea is to create a global decentralised marketplace where merchants, businesses, retailers and service providers can participate, forming a gigantic network (SUBAJ Global Network). The platform will offer a crypto-based reward system where the rewards will be redeemable at any store within the SUBAJ Global Network (SGN). It will also connect the merchants directly with their customers so that they can have an uninterrupted one-to-one interaction in a transparent manner. Apart from Blockchain, the platform will be powered by the cutting-edge technologies like Augmented Reality, Social Gamification and GeoDrop technology. Gone are the days when you had to rely on the traditional, insignificant loyalty reward systems. One of the biggest setbacks of the conventional loyalty systems is that you can only redeem these reward points at the store from where you have received them. On top of it, there are various terms and conditions imposed on these rewards that most of the times, customers refrain from using them. For example, if you have purchased something from an apparel store worth $500, you may get 25% discount on your next shopping. But at the same time, the offer may be applicable on the shopping of at least $1000 at the same store. Due to all these conditions, a customer hardly ever uses his reward coupons and eventually the just expire. A renowned GeoInformatic Engineer from Nigeria (residing in Germany), Mr. Adebayo Surakatu is adamant on changing the current global scenario in the field of loyalty rewards by means of a superlative rewards platform called SUBAJ. With continuous efforts, he is making a decentralized marketplace backed by the Blockchain technology where different types of companies, businesses, merchants and retailers can participate for their mutual benefit. Collectively, it will form an enormous network across the globe which will be called the SUBAJ Global Network (SGN). The network consists of highly qualified and dedicated experts working with the sole aim of building the world’s largest market of incentives and loyalty rewards. The platform will also benefit the customers in a number of ways. Most importantly, it will bring real value to the rewards as they will be backed by the crypto tokens. So a customer will be able to redeem the reward points received from one merchant anywhere he wants within the SUBAJ Global Network (SGN). Adebayo Surakatu: The Man Behind The Idea Mr. Adebayo Surakatu is GeoInformatic Engineer who worked in the field of Mobile Geospatial Technology for over 10 years. During his days, he has successfully implemented GeoCommerce and GeoTargeting Technology in Retail, Commerce, Blockchain and FinTech sectors. Mr. Surakatu has been the leading Engineer of the technology platform and travelled across several countries from North-America, Caribbean, South-America to Europe and Asia for collaborations and established strong business relationships with the governments, triple A rated companies and several other institutions. Over the course of time, Mr. Surakatu has attained immense experience in building, implementing and executing technologies in the finance, commerce and retail sectors. Some time ago, he saw a striking opportunity to revamp the traditional approach of reward sharing using the state-of-the-art Blockchain Technology and mass adoption of cryptocurrencies. Soon, he devised a strategy to introduce a unique Blockchain based reward sharing platform for the customers in partnership with local chains of Merchants using Business Tokens. The SUBAJ GmbH consists of highly qualified and dedicated experts working with the sole aim of building the world’s largest market of incentives and loyalty rewards. As of today, not much has been revealed about the project so far. But we’ll keep you in the loop as the new updates arrive. |
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