ICO will start in
What is BIRC?
BIRC is an innovative and interactive reward ecosystem that combines local shops, O2O and blockchain. This cryptocurrency on blockchain will generate from interaction with local shops, so mining of cryptocurrency will be no longer funny toy of internet geeks and normal people can also mine in daily life. People can earn cryptocurrency easily when shopping, dining or go to movies.
BIRC defines specialized interactive rewards for every interaction scene with local shops. For instance, you go to restaurant with your family members and dine may produce actions like “rating”, “commenting”, “like” and “Photo uploading”. These actions constitute a set of “collection of interactions in restaurants”. People can receive corresponding “Business Interactive Reward Coin” when finishing an interactive action. When you participate in a concert, it will generate actions like “buying tickets”, “listening/watching”, “video uploading”, “check-in”. These actions will constitute a set of “collection of interactions in exhibition activities”. We will define every physical interaction in daily life. Both local shops and users will receive corresponding rewards when they generate interactions.
This is the first innovative application which combines physical interactive actions and cryptocurrency in the world. We will develop a sound ecosystem from this interaction process at most effort in the future. Users or local shops of BIRC will also create more unforeseen commercial applications, then BIRC will become a really valuable cryptocurrency!
What problems does BIRC solve?
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Physical interaction without value
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Reluctant to comment or rate
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O2O is inefficient
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Cost of mining is too high
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Cryptocurrency is not available to all
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Too many point reward systems result in confusion
Interactive Reward Ecosystem
User Interactive Scenario
Business Interactive Reward Strategy
BIRC defines specialized interactive rewards for every interaction scene with local shops. For instance, you go to restaurant with your family members and dine may produce actions like “rating”, “commenting”, “like” and “Photo uploading”. People can receive corresponding “Business Interactive Reward Coin” when finishing an interactive action. We will define every physical interaction in daily life. Both local shops and users will receive corresponding rewards when they generate interactions.
Interactive Reward Examples
Every interaction reward will be calculated by PoI formula.Numbers below are for reference. In 2019 we will release10 interactive application scenarios in daily life!
- Like :
- Guest receives 1 BIRC
- Local shop receives 0.5~2 BIRC
- Rating :
- Guest receives 1 BIRC
- Local shop receives 0.5 BIRC
- Commenting :
- Guest receives 1 BIRC
- Local shop receives 0.5 BIRC
- Photo：
- Guest receives 2 BIRC
- Local shop receives 2 BIRC
Proof of Interaction
Receive cryptocurrency by mining. The disadvantage is that it takes a lot of power to calculate. For example BTC, ETH.
Receive cryptocurrency by interacting with specific targets, networks, applications: BIRC.
Receive cryptocurrency by amount and time you hold it, just like interest. For example DASH、NEO、PIVX.
Make your life full of interaction
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Dining
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Clothing
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Housing
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Transportation
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Education
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Entertainment
Business Application Scenery
The interactive reward system of BIRC will integrate all application scenarios including dining, clothing, living, transportation, education and entertainment. On the other hand, besides universal and common interactions and rewards for all application scenarios like photo taking, check-in and commenting, we will define distinctive actions and rewards. Application scenarios as below are already in planning. More application scenarios will be added according demands. BIRC will make every interaction in normal life producing valuable reward!
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Rating
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Photo
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Check-in
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Comment
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RestaurantDining
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Oline/Offline ShoppingPurchase / Experience / Use
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RentalViewing / Rent
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TransportationTravel / Rent
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EducationTaking class / Register
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ShowcaseBuy tickets / Join
BIRC Local Business APIs
BIRC Local Business APIs will be enabled in 2020. 3rd party developers can develop reward systems or other creative applications through BIRC.
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Data Layer
- BIRC BlockChain
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Application Layer
- Store API
- Location API
- Account API
- Transaction API
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Business Layer
- Local Business dApps
- 3rd Business Applications
- Trip Apps
- Others
API Economy
Increase value of service platform through opening of API, then an ecosystem will be built. “API Economy” is coming!” eBay opened API in 2000 and connected about 2,000 application programs until now. About 60% of exchanges come from API; SoftBank’ “Pepper” uses open API. It provides SDK to developers for free. In this way it can accelerate the rich content of application software and promote marketing sale; Facebook is one of the most popular social media in the world. It also opens its API for connection. With API, vendors can do marketing to users directly. All these brands are leaders of API economy. With API, BIRC can improve the interactions between guests and shops effectively and promote business growth.
BIRC + Education
Education Reward
Reward system is very popular in various after-school tutorial institutes, for instance recommended registration, scholarship and point collection for small gifts.
Reward of academies
Students who achieve goals will be rewarded with BIRC. BIRC can be exchanged to cash reward of RE APP. They can go to shops of RE alliance for free stationery or gifts with RE APP reward cash.
BIRC＋SaaS
SaaS: Cloud software service
Integrate current cloud services. BIRC will have horizontal cross-platform application capability.
Points from buying drinks can exchange to BIRC
Through API, POS can deliver BIRC automatically when designate number of points are collected. No need for manual operation anymore.
BIRC＋IOT
IoT : Internet of Things – everything links to internet
BIRC reward for 10km-running.With API connection, smart treadmill will deliver BIRC automatically when designate conditions are met.
BIRC API + Car Safety
Car Safety : Incentive safety regulations.Reward for complying regulations
Through IoT of ECU, drivers will be rewarded automatically when complying regulations. For example changing tires regularly, no speeding and regular inspection.
Roadmap
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May 2018
BIRC announcement
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May 2018
BIRC business model patent application
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June 2018
Private sale
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July, Aug. 2018
BIRC ICO
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2018 Q4
List on Top 100 Exchanges
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2018 Q4
RE APP enters SEA market: Hong Kong and Malaysia
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2019 Q1
List on Top 50 Exchanges
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2019 Q3
RE APP enters Singapore and Thailand
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2019 Q3
The release of application scenario definition
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2019 Q4
The release of BIRC Android/iOS App bases on RE APP
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2020 Q2
The release of BIRC blockchain API
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2020 Q2
BIRC buy/sell platform for business on line
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2020 Q2
The release of first 3rd party BIRC application
Our Vision
A local business platform better thanGoogle's My Business:
Because of open and fairness, the commenting function of Google's My Business has gradually replaced the promoted posts from traditional bloggers. Plus Local Guide mechanism which can accumulate points, My Business has already became a useful tool for local shops.
BIRC salutes Google and releases a commenting mechanism which is more attractive. A cryptocurrency acquisition mechanism based on concept of interactive mining will change interaction between guest and shop into substantial profit. It is expected to compete with Google in three years, and build better O2O platforms for local shops together!
Open API Structure:
BIRC Local Business APIs will be enabled in 2020. 3rd party developers can develop reward systems or other creative applications through BIRC.
Future Perspective
BIRC is the first cryptocurrency system which is designed for interaction with physical shops. According past experience, we find that mining is only a funny toy of few engineers. For normal people mining and cryptocurrency are very difficult things to get close to. This is diametrically opposed to demand of currency. For now cryptocurrencies like Bitcoin, Ethereum are just investment products and can’t reach the goal of widely accepted by more normal people. But BIRC makes it. With very simple mechanism of interactive mining all people now can receive cryptocurrency. When everyone holds cryptocurrency and can deal with it easily, it meets the demand of circulation. We expect that the following things can be achieved in the future:
- To popularize practical application of cryptocurrency
- To be a better platform of interaction with shops and surpass Google Map
- Mining mechanism which is more environment-friendly and energy-saving
- Define scenarios of shops and consumers as international standards
