Beam

Technology, Information and InternetUnited Kingdom51-200 Employees

BEAM is an innovative payments and marketing system developed from Blockchain technology for supporting advanced solutions for commercial and services retail business through smart contracts with Merchants. It was ranked in 5 place among the top 50 most promising start ups in Europe in Financial IT Pathfinder for 2016/17.
Any payment cards is integrated and marketing tools are provided for Merchants that install terminals under smart contracts. The access of Users to this Platform is made by free download of the app to smartphones by Bluetooth, accessing terminals installed in shops (physical or online) and provide Users with immediate cashbacks received in their wallet on each purchase.

BEAM is being implemented with great success, as thousands of Merchants and Users have a positive perception of the higher advantages of the Platform when compared with any competitors that only execute payments and don’t recognize value to the generated data. The strategy of BEAM for expanding the network is to approach Merchants and Shops in any town under a vicinity concept, for increasing the volume of transactions performed through the Platform. Besides, new innovations have been integrated, as the system that allow Users to BNPL. Another innovation is the creation of a digital currency (tokens) for the benefit of Merchants, Users and other stakeholders of BEAM, as a monetary incentive for intensify the use of the BEAM.
From now on the expansion will be leaded from Lisbon, the capital of the World Web Summit, centralizing the world Property Technologic Rights of the Platform BEAM. The next immediate step is to reinforce funding for the projects that are about to be launched for achieving higher objectives in the future. Private investors and business angels are showing interest to participate in our fund raising. Should you wish to join our project and our strategy, BEAM is open to share directly with you the information you may need for your decision

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