How they describe themselves: Swych is disrupting global digital gifting and corporate incentive programs by breaking cross-border barriers with a blockchain-based global gifting architecture. Whether powering corporate incentives programs so employees can “swych” to favorite brands available in their region/currencies or powering digital wallets, Swych is expanding the boundaries of how people shop, gift, and pay for their purchases in a global, mobile marketplace.
How they describe their product/innovation: Swych is the world’s first blockchain-based global gifting and shopping network with 1000s of retailers representing millions of product SKUs across the globe. Swych provides an instant, secure, scalable way to send personalized relevant gifts and incentives globaly. With unparalled transaction speeds and scalability, it costs less than pennies per 1000 transactions and eliminates legacy barriers while ensuring compliance, and security.
Product distribution strategy: Direct to Consumer (B2C), Direct to Business (B2B), through financial institutions, through other fintech companies and platforms, licensed