Tag: MOToken

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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

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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MarketOrders News

MarketOrders Celebrates Diversity at the London Stock Exchange

 

 

The London Stock Exchange Group welcomed Diversity UK on Monday 11th June 2018 to mark its contribution to improving equality and inclusion in Britain and to mark the publication of the 2018 edition of the #Top100AsianStarsinUKTech #innovation #women #tech #entrepreneurship.

 

 

Our very own Sukhi Jutla, Co-founder and COO of MarketOrders was invited to the LSE to celebrate being listed on the Top 100 Asian Stars in UK Tech.

 

The date coincided with the launch of London Tech Week 2018 and the 171st birthday of women’s rights campaigner, Millicent Fawcett. 

 

Diversity UK members and guests were welcomed by Nikhil Rathi, CEO of the London Stock Exchange Group and senior colleagues from the organisation’s diversity and inclusion team. 

 

Lord Gadhia, who was a judge for Diversity UK’s Top 100 Asian Stars in UK Tech 2018 list, gave the keynote address emphasising the importance of diversity and inclusion for Britain.

 

Read more here:

https://diversityuk.org/london-stock-exchange-group-welcomes-diversity-uk/

 

https://www.lseg.com/markets-products-and-services/our-markets/london-stock-exchange/equities-markets/raising-equity-finance/market-open-ceremony/welcome-stories/ondon-stock-exchange-group-welcomes-diversity-uk

 

Sukhi Jutla with Rav Bumbra, Lopa Patel and Farrah Quereshi

 

 

Written by CEO & Founder, Ram Krishnna Rao

 

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MarketOrders News

Why the future of retail sits at the intersection of e-commerce and the physical retail shop?

 

The digitisation of Gold Jewellery Industry on MarketOrders platform becomes location agnostic and open to global gold jewellery industry which can constantly evolve by investing in and building Unique IP that will add value for every participant on the platform.

 

In order to make MarketOrders a strong marketplace for the gold jewellery industry, MarketOrders must continue to invest heavily in machine learning, blockchain technology and data – analytics capabilities to gain and gather intelligence from trade data flow.

 

 

MarketOrders enhances the intersection of e-commerce and physical retail stores. Retailers understand that strong customer engagement can only be achieved by implementing new innovation and new technology. This realization causes retailers to think about the need to innovate. They are constantly seeking to evolve and innovate. To execute this vision of an in-store experience powered by technology, retailers need to leverage the capital-skill set of both infrastructure and operations which can cost them a fortune.

 

Keeping in mind that retailers are prime for fresh ideas and new approaches, MarketOrders platform introduces new technology to retailers to help elevate the customer experience and create an incentive for shopping offline and driving purchase intent by increasing the visibility of demand  by allowing retailers to discover product of relevance, reduce shoppers frustration and help create pleasing experience and increasing chance of customer delight.

 

We believe that the future of retail sits at the intersection of e-commerce and the physical retail shop. MarketOrders will bring and enhance these two experiences into a seamless integrated and complementary approach.

 

 

The ultimate goal of MarketOrders is to help retailers to leverage real-time placement for retail stores which will create a concentrated and consolidated Marketplace with retail-user interface integration with a unique point of buying. This will enable and optimize retail buying to be unique, personalized and enable customisable experiences and pushes retailers to know who is their customer in the rise of the experience economy.

 

Today, the world is entering a new phase of globalization where digital technology is rapidly changing the nature of doing business. MarketOrders platform is adopting the technology to digitize the entire end to end supply chain of the gold jewellery industry in this new world across physical and digital commerce by bringing a centralized hub and digitising it.

 

Written by CEO & Founder, Ram Krishnna Rao

 

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MarketOrders News

Proud to announce MarketOrders co-founder, Sukhi Jutla, wins the Top 100 Rising Star awards!

 

We at MarketOrders are over the moon to announce that our co-founder and COO, Sukhi Jutla, won the We Are The City’s Rising Star Awards (Entrepreneur) beating over 1,250 candidates- well done Sukhi!
 

The Awards are powered by The Sunday Times and Sukhi will attend a glittering awards ceremony to pick up her award in July!

 

 

 

 

About WATC Rising Stars Awards

The Rising Star awards were introduced to showcase the UK pipeline of female talent below management and to create female 100 role models across different industries and professions.

The awards were entered by 1,250 individuals were judged by a panel of 54 independent judges. Over 35,000 public votes were received for the 200 shortlisted nominees. The awards were kindly sponsored by The Times & The Sunday Times and supported by 3M, Accenture, Aon, Barclays, Bloomberg, Cancer Research UK, CMI Women, Edit Development, EPAA, Jessica Huie Public Relations (JHPR), Jobbio, Kier, Lloyds Banking Group, Lloyd’s, Northern Trust, PedalSure, Reed Smith, Royal Navy, SAGE and Sodexo.

 

 

We at MarketOrders would like to congratulate all the winners and extend a sincere thanks to everyone who supported Sukhi’s nomination for the Rising Stars during 2018 – thank you for your support!

 

Check out the full list of winners here: https://bit.ly/2tbxYqW

 

https://risingstars.wearethecity.com/rising-stars-winners-2018/rising-stars-entrepreneurs-startups-2018/

 

Written by CEO & Founder, Ram Krishnna Rao

 

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MarketOrders News

How the gold jewellery industry can adopt a centralised platform strategy

 
The gold jewellery industry is a very ancient industry. It is as old as civilisation itself and its one of the few industries which haven’t been revolutionised by the use of technology…until now that is!

 
MarketOrders is on a mission to bring unity and centralisation to this fragmented industry.  And for the gold industry to become digital, they must first be bought into centralisation.

 
To understand this better, let us consider planes and passengers. For example, when there is no airport, just imagine the scenario. Planes land in any available space to land the aircraft and board the passenger and head back to the destination.

 
Now, this situation would cause havoc in the aviation industry. The passenger has to go to any landing space of aircraft NOT knowing which destination the plane will head back to. And this happens because there is no visibility of demand and supply.

 

photo credit:  https://pixabay.com/en/aircraft-landing-reach-injection-513641/

 

Now, apply this scenario of an airport or hub to that of a centralised platform. You now have total visibility of what planes are available and how many passengers want to take a flight. The passengers will have visibility of which aircraft are at which terminals. They will know what time the planes will leave and which destinations they are heading in.

 
The airport concept serves as a centralised mechanism, not just as a centralised infrastructure connecting passengers, planes and destinations but also providing retail offerings such as shops, restaurants and shopping mall experiences.

 
MarketOrders can leverage a similar system by providing a centralised hub for the gold jewellery industry. This would enable multiple participants such as manufacturers and retailers to collaborate in many ways.

 
As an initial adoption of strategy in building the first ever concentrated market via centralization, MarketOrders is using a three-pronged strategy approach. These are centralisation, creating unique IP and e-commerce. In the next blog post, we take a deep dive into this unique approach.

 

Written by CEO & Founder, Ram Krishnna Rao

 

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MarketOrders News

Why the gold jewellery industry must adopt a platform strategy

 

The gold jewellery industry is a very ancient industry. It is as old as civilisation itself when early humans would gift gold and adorn it on their bodies. From day one it has had a cultural and personal significance. And thousands of years later, it still remains an untapped and fragmented market where technology has yet to make it smark on this industry worth $175 billion dollar industry.

 

photo credit: https://pixabay.com/en/sculpture-museum-perth-gold-digger-1104196/

 
Today, this industry still operates in a highly fragmented and scattered manner. As a result, the industry must re-invent itself as a hub suited for the digital world.

 

Today in digitally dominated economies, marketplaces offer customers the opportunity to connect with one another. The Gold Jewelry industry must adopt this approach of a centralized marketplace. In a way, the marketplace is the most ancient way of trading goods. And this is also where the digital age has gravitated towards – a marketplace that is truly global in scale with thanks to technology.

 

A digitised centralised platform will act as a key advantage for sellers and buyers by allowing them to connect through a digitally initiated platform.

 

Today, digital technologies are changing the nature of globalization. The digital economy is driven by the rapid growth of a digital transformation and it’s happening at a breakneck speed.

 

photo credit: https://pixabay.com/en/bitcoin-money-virtual-market-3137984/

 

The MarketOrders platform will be an engine of innovation for gold jewellery retailers specifically and retailers in general SME’s as it will allow them to participate in international trade without the need to invest in their own technology-driven supply chain.

 

In the changing landscape, gold jewellery retailers and the entire industry needs to re-imagine and re-invent its position in centralised platforms and leverage its current strength in physical gold trade retailing to create a new digital trade.

 

 

Written by CEO & Founder, Ram Krishnna Rao