Smart contracts automation brings in new levels of efficiency to MLM processes

Vivek KS
Rajesh Ramakrishnan

Product Development Engineer

Automated smart contracts have been designed to simplify MLM incentive and compensation management, the core complex processes in MLM businesses. This considerably reduces manual errors and ensures accurate and on-time payouts with minimum human intervention.

Accurate commission payout process

Smart contracts are set to execute payouts when a preset commission or bonus criteria is met. The newly integrated smart contracts feature is compatible with all MLM compensation plans and is easily configurable for any change in the commission or bonus structures.

Accurate commission payout

Easily manage incentive programs

Launch time-bound challenges or competitions with automated rewards. The smart contracts automation feature lets you create competitive leaderboards and rewards top performers automatically.

Easily manage incentive programs

Gamification of your MLM goals through smart contracts can boost engagement and make it easier for teams to accomplish their targets faster.

Performance tracking for optimized teams

Smart contracts can track the performance of teams to validate qualifications for promotions or rewards. Smart contracts can also auto-update rank advancements and commission changes when a distributor climbs up the MLM network.

Performance tracking for optimized teams

This unbiased execution will ensure transparency and reduce administrative overhead in the business.

Secure payments and transactions

Smart contracts built on advanced blockchain technology secures financial data and transactions to secure your MLM transactions. The feature also allows members in the network to audit their earnings independently.

Secure payments

The new feature integration is aimed at reducing disputes and increasing accountability across all transactions. Decentralized and automated process also secures compensation plans against tampering.

The latest smart contracts automation feature will ensure efficiency, accuracy and transparency across all MLM processes.

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