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MarketOrders News

Why Retailers should be embracing blockchain

 

 
There have been many stories in the press lately about how the high street is dead. But is this really true? Will the high street die…or is it just time for them to embrace blockchain?

 
We at MarketOrders are always keen to bring fresh ideas and new approaches to our customers, the retailers. We help them to keep up to date with the latest technology and help them to embrace the digital world.

We know from our vast experience that the use of technology in brick-and-mortar shops is vital to help drive deeper customer engagement and emotional connections with local retailers and customers. This, in turn, will elevate the customer experience and create an incentive for shopping offline and driving purchase intent.

 
At MarketOrders, we believe the future of retail sits at the intersection of e-commerce and brick and mortar. We call this the converging platform and this is what MarketOrders is doing.

 
The reason why the giants of e-commerce such as  Alibaba, Amazon and eBay are flourishing today is that they embraced technology and its potential from the very beginning.

 
This is critical. Tech cannot be an afterthought or a side dish. Retailers must embrace technology and have a digital strategy present from the very starts.

 
The rise of cryptocurrency

 
As blockchain tech turns 10 years old, it’s becoming a household word among the millennial generation. While the cryptocurrency market is establishing itself in the world of speculative trading, it has not yet been widely accepted as a viable transaction method for goods and services.

 
Undoubtedly, one of the most common questions people ask is, “How can I use my cryptocurrency aside from trading on an exchange?” Marketorders will bring a practical solution for customers to utilize cryptocurrency to buy, sell and reward in exchange for products and services, within the ecosystem of the platform.

 
Cryptocurrency is inspiring entrepreneurs to create startups, millennial generations to have ownership and association with their own currency of choices that they are craving and desire to make better choices in pursuit of their life quest.

 
Marketorders converging platform and its MOT Token [cryptocurrency] can be the lifeline the offline retailers need to transform. MOT will create the ability to transact with an opportunity to experience a smart retail phenomenon in the future of a cashless society. And we are still only at the very beginning in terms of seeing what blockchain technology can accomplish.

 

 

MOTokens [cryptocurrency] envisions and working towards a future where ultimately MOT, the native currency, will be the cryptocurrency of choice for millennials to spend, earn and transact in the digital world.

 
Our fresh and new strategic platform and approach will pave the way for offline retailers to engage with millennial generations in an experiential economy.

 
This will give millennials a direct say to how their community spends and supports the local retail scene.

 
To align the transformation of brick and mortar of the future and millennial thinkers in entering a new market free of centralization and rich with intelligence and innovation. The cryptocurrency may be just what is needed to enter the smart retail space.

 

Written by CEO & Founder, Ram Krishnna Rao

 

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MarketOrders News

Creating the future of millennial retail with cryptocurrency

 

While the volatility is positive for speculative investors, it is also causing more hesitancy on the part of consumers to use it as a reliable fiat currency alternative. Unfortunately, the cryptocurrency craze has attracted too many ICO startups whose intentions are focused solely on watching their valuation being pushed to the pinnacle by the speculators. Often, there is no other utility outside of their cryptocurrency merely being a way to inflate their bank accounts.

 

MarketOrders solves the problem and challenges faced by offline retailers in dealing with millennial generations of consumers by creating a tech marketplace for them. Millenials are Smartphone driven and attention deficit and need to be able to access information on demand and on their mobiles.

 

 

photo credit: https://pixabay.com/en/office-meeting-business-partners-336368/

 

How is MarketOrders solving this challenges?

 

MarketOrders is bringing a Converging platform for offline retailers to future proof it by embracing new technologies using blockchain technology- NOT the least of which is the advent of cryptocurrency.

 

Blockchain invented a trust-less decentralized currency, owned and transacted by entire communities and movements. This could not be accomplished with traditional [fiat] currency in the circulation.

 

photo credit: https://pixabay.com/en/block-chain-shaking-hands-handshake-3468276/

 

 

For the first time in the modern history, communities can be served by currencies of choice without geographical boundaries, language, race, and religion restriction.

 

Despite a multifold of possibilities this new technology presents, it is critical that MarketOrders focuses initially on embracing this digital era and the millennial uprising that is causing disruption to offline retailers [brick and mortar].

 

This trend is being driven by a desire to tap into the rise of the experiential economy.

 

This experience became the blueprint for every brick and mortar shops. Digitization brings so much of convenience but customers are still looking for surprises and spontaneity in their shopping experience, which can only be achieved with a physical environment.

 

This actually creates positive tension between convenience and smart shopping with the experiential element to it and bring realization to an entire retail industry that in today’s digital and fast-moving technology world, only remain constant is the change.

 

Therefore, retailers are under pressure to move quickly to implement technology into their business. Retailers are constantly seeking technologies to both bolster customer experience and increase efficiency. To execute this vision of online and in-store experiences powered by technology, retailers need to leverage the critical skill sets of both business leaders and infrastructure and operations professionals, which can be very expensive for small retailers.

 

Written by CEO & Founder, Ram Krishnna Rao

 

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MarketOrders News

MarketOrders is Interviewed on Women’s Radio Station: Smart tips on how to raise money for your business

 

 

MarketOrders co-founder & COO, Sukhi Jutla, was invited onto the Women’s Radio Station, the online radio station dedicated to women, to talk about how to raise funds for your business.

 

Sukhi continues to be a thought leader and influential voice for female founders and entrepreneurs and she talks about her journey to create MarketOrders and shares insights on her funding journey to date.

 

Sukhi was joined by female founders, Georgina Wilson-Powell from Pebble Magazine, a stylish take on sustainable living, covering food, fashion, travel and design and Winnie Mak, from One Dear World, who created a collection of multi-cultural dolls.

 

The show will be aired from Monday at 2 am and pm each day and can be listened to here, if you click on the Listen button: http://womensradiostation.com/

 

Written by CEO & Founder, Ram Krishnna Rao

 

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MarketOrders News

Sukhi Jutla profiled in the Sunday Telegraph as part of Management Today’s ’35 women under 35’.

MarketOrders is pleased to announce our very own COO and co-founder, Sukhi Jutla, was profiled in the Sunday Telegraph as part of Management Today’s ’35 women under 35’. 

This year’s 35 Women Under 35 list, published by Management Today in association with Accenture to shine a light on the country’s top young businesswomen, is packed with career chameleons. 

These women entered the workforce during the financial crisis. They watched established companies crumble, entirely new industries spring up and technology evolve at an extraordinary rate. 

The launch was celebrated at a wonderful drinks reception at the Foundling Museum, a historic venue in the heart of London.

Congratulations Sukhi for continuing to be a shining powerhouse and role model for other women leaders and entrepreneurs!

Sukhi’s feature can be accessed here.

The full feature can be read here.

 

Written by CEO & Founder, Ram Krishnna Rao
 

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MarketOrders News

MarketOrders COO, Sukhi Jutla, talks about Why Diversity Matters with @FintechChat on 8th Aug 2018 – Do tune in!

 

Why “Diversity Matters” and how can #FinTech build a diverse workforce? Don’t miss our #FinTechChat and join the conversation with Sukhi Jutla, World’s 1st #BlockchainAuthor, next Wednesday, 8th Aug, 10AM. Follow us @FinTech_Chat.

 

 

 

Next week on 8th Aug 2018 at 10am GMT, Sukhi Jutla, MarketOrders co-founder & COO,  will be live on Twitter talking to @FinTechChat on why diversity matters and how #FinTech can build a diverse workforce. They will discuss topics such as:
 

    • Why diversity matters in #FinTech
    • What are the biggest challenges in building a diverse workforce?
    • Why do we need more Women in FinTech?
    • How do we make the FinTech sector more Inclusive and Diverse?

 

…and much more so please do join in the conversation.

 

 

Don’t miss out and ear mark the date and time and join in the conversation. Follow us @FinTech_Chat and see you then!

 

Written by CEO & Founder, Ram Krishnna Rao

 

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Press Coverage

5 British Asian Women who Became Entrepreneurs

August 2018
 
“There are so many impressive British Asian women who have started their own businesses and become entrepreneurs.
South Asian women are often marginalised within mainstream media. Widely perceived as a minority, their impressive rise to success remains unheard. …”
 
Read more:  https://www.desiblitz.com/content/british-asian-women-entrepreneurs