PRESS RELEASE. After transforming businesses across various industries, blockchain has combined with MLM (Multi-level Marketing) to bring profound, positive changes in the industry. India’s Antier Solutions has executed transactions worth a 100 million USD across its blockchain based MLM platforms.
At the core of blockchain technology is a “shared distributed ledger” where the data and transactions are recorded. This distributed ledger is accessible to everyone on the network, thereby promoting transparency. Blockchain acts as a new type of database system that allows multiple parties to share access to the same data, at virtually the same time, enabling an unprecedented level of confidence. Furthermore, blockchain holds huge potential to automate and expedite business processes by using smart contracts that eliminate the involvement of any third-party to perform the operations.
Although almost every industry is ripe for blockchain adoption, one area that holds significant potential for blockchain implementation is the MLM industry.
MLM has long been a mainstay for start-ups and companies to promote their products while reducing the marketing costs. A few examples of successful companies that have harnessed the potential of MLM include Amway, Market America, and Avon Products Inc.
However, the traditional MLM process is plagued with inefficiencies like centralized control over the system, lack of transparency and trust, and delayed payments to release users’ incentives. All of these inefficiencies can hold back even the best of MLM projects.
Blockchain brings solutions to these pain points, enabling the MLM industry to position itself as a reliable market. Blockchain eliminates the involvement of a central authority and brings everything on a distributed ledger to enable transparency. The smart contract automates and accelerates the MLM process and drives peer-to-peer transactions. Furthermore, smart contract integration contributes to immutability. It prevents any change in the MLM business plan once the smart contract has been deployed on the blockchain, thereby building people’s trust in the system.
These benefits have escalated the popularity and adoption of blockchain MLM software among businesses and participants. While start-ups and companies are readily launching smart-contract-based MLM platforms, users are confidently investing in these platforms being sure of a transparent process and secure, instant payouts.
Antier Solutions, a digital assets management solutions providing company, is helping businesses to launch their MLM smart contract platforms. Equipped with a team of 150+ blockchain developers and subject matter experts, 15+ years of rich technical experience, and breadth of expertise, Antier Solutions has helped over 100 companies to launch their MLM platforms on blockchain like TRON, Ethereum, and Bitcoin.
“Blockchain is serving as a catalyst to drive a meaningful change in the billion-dollar MLM industry and Antier Solutions is working to initiate that change. As businesses navigate towards blockchain and cryptocurrency MLM software, we will continue orchestrating our solutions to help businesses ride the next wave of multi-level marketing”, said Devender Junas, the Product Head of Antier Solutions.
About Antier Solutions
Antier Solutions is a global digital assets management solutions providing company helping businesses transit from conventional technology platforms to blockchain-driven systems. Antier, with its deep domain knowledge and rich experience, has created a well-rounded ecosystem of solutions to help businesses launch their digital assets trading platforms, lending platforms, banks, and more.
Creating a harmonious trifecta of technology, design-driven thinking, and intelligent strategies, Antier creates an innovative roadmap to deliver consulting and development services for a new decentralised digital world.
Antier Solutions: +91 98550 78699 (India), +1 (315) 825 4466 (US)
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