India, Jan 17, 2021 /AlexaBlockchain/ – India based Antier Solutions has claimed to process transactions worth US$100 million across all its Blockchain based MLM platforms.
Antier Solutions said in its press release that MLM (Multi-level Marketing) industry holds significant potential for blockchain implementation.
How blockchain can transform the MLM (Multi-level Marketing) industry?
MLM has long been a mainstay for start-ups and companies to promote their products globally while cutting down the marketing costs. A few examples of successful companies that have capitalized on the potential of MLM include Amway, Market America, and Avon Products Inc.
Traditional MLM process is beset with inefficiencies such as centralized control over the system, lack of trust and transparency, and delayed payments to release users’ incentives – which can hold back even the best of MLM projects.
Blockchain brings solutions to these pain points, empowering 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 expedites 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 confidence in the system.
These benefits have fueled the popularity and acceptance 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.
Devender Junas, the Product Head of Antier Solutions, said:
“Blockchain is serving as a catalyst to drive a profound, positive 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.”
Antier Solutions, a digital assets management solutions providing company, is helping businesses to launch their MLM smart contract platforms. Equipped with a team of 100+ 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.