Xpense – extracting value from individual consumption and consumer behavior





Xpense will start a revolution on offline consumer experience and attract more users returning to brick and mortar stores.

Project Highlights

Mining through facial recognition
The age of living off your face has come! Consumers can be rewarded tokens by scanning their faces at the offline stores which join Xpense platform program. Tokens can be converted into cash on third-party market or exchanged for all sorts of goods and services from the stores.
KYC Capability
Under traditional business model, offline stores are not able to obtain the background information of each new customer, so targeted selling can not be achieved. While stores joined Xpense are empowered with the KYC (Know Your Customer) capability, therefore they can easily acquire the consumption portrait and other information of every client who has visited their stores. This is essential for them to improve the Price per Customer and success rate of sales.
Making shopping full of fun
Xpense itself or stores on the platform can launch various shopping tasks based on facial recognition. After the completion of these tasks, consumers will be rewarded with token. These game-like tasks will reshape the offline consumption experience and make shopping much more interesting.
Helping stores win more customers
Joining Xpense enables stores to access consumption portraits of the people nearby and push precise marketing information to them. This will tremendously improve stores’ ability to gain more customers because the people nearby are the most likely potential customers.

Project Technical Architecture
and Product Realization

DOWNLOAD WHITEPAPER

Design of Xpense consumption & behavior data platform

Through the use of blockchain technology, Xpense will record all consumption and behavioral data involved by initially recording data on the side chain or off the chain and finally writing data into the backbone of Xpense data management chain. This is to ensure its growth comes from the records of consumption and behavioral data and avoid alteration or falsification. In the future, with the blockchain distributed storage technology getting more mature, the backbone of Xpense data management chain will also be transferred or stored on blockchain distributed storage. For truly achieving decentralization, we have adopted the following technologies.

1.Blockchain based distributed ledger technology
2.Side- chain and cross-chain trading technology
3.DPOS consensus algorithm
4.Smart AI video recognition technology

Media Report

Our Team

Marcos Meibergen
CEO
Ginger Ho
CTO
Thomas HSUEH
Partner APAC,PR

Project Milestones

Initial planning of
the project starts
Nov.2017
Completion of the Core Team
Dec.2017
Completion of prototype
Jan.2018
Feb.2018
Launch of the website and white paper
Aug.2018
Building the basic infrastructure

Project Consultants

Pan ZHU
Fintech Consultant
Guan Wen Sheng
Founder of Ji Zhi Hui Capital
Lenit TUNG
Chief Consultant
Hangxing XIE
Chief Scientist
Peiling TSUI
Expert of investment Risk Control
Aoyun ZHANG
Financial Consultant
Yiyun ZHANG
Geekbeans CEO

Partners

Cooperation Projects

Media Partners

Located At
Level 19&20,Tower 2,1 Raffles Place,Singapore 048616
Contact Us
info@xpense.io     www.xpense.io