Geon Network – Blockchain-based AR Mobile App

Consumer Update/AppWatch

More and more augmented reality, or AR, becomes a part of our daily lives – think Pokemon Go. Trend-setting companies are implementing it, along with other groundbreaking technologies, to transform everything from charitable giving to retail design to market research.

One example of this is Geon Network with their blockchain-based AR mobile app.

Geon employs AR to allow users to create virtual beacons – called geons – that store values.

These values become accessible to users when they’re physically near a geon satisfy preset conditions.

For instance, if you own a restaurant, you can generate a geon and reward patrons with food or drink discounts when they walk inside. Or just imagine if you’re a brand, such as us here at NewsWatch, we can set up a Geon beacon in a high-trafficked area and reward those who take a survey with Geon coins.

These Geon coins can be converted to cryptocurrencies such as bitcoin, or even cash. And because it’s back by blockchain, all the transactions on the app are secure and verifiable.

With these efforts, small businesses can attract customers, large businesses can conduct market research, and end users like yourself can securely be rewarded for interacting with a business or charity or individual.

Learn more about Geon and their upcoming ICO, visit geon.network today.

 

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