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SYSTEM, METHODS AND APPARATUS TO MONITOR LOCAL MARKET PHYSICAL CONSUMER ENGAGEMENT AND CASH-BASED TRANSACTION ACTIVITY USING INFORMATION COMMUNICATION TECHNOLOGY HARDWARE AND TOKEN EXCHANGE ALGORITHMS
SYSTEM, METHODS AND APPARATUS TO MONITOR LOCAL MARKET PHYSICAL CONSUMER ENGAGEMENT AND CASH-BASED TRANSACTION ACTIVITY USING INFORMATION COMMUNICATION TECHNOLOGY HARDWARE AND TOKEN EXCHANGE ALGORITHMS
Tightly packed local neighborhood markets are typically characterized by a high density of small merchants located next to ea ch other in a locality. A vast majority of transactions that happen in such local neighborhood markets are through physical one-on-one interactions and cash-based transactions. Under these circumstances, physical interaction, consumer engagement and cash -based transaction activities occurring between consumers and small merchants are hard to monitor, quantify and study. The author's invention presented here elucidates system, methods and apparatus to monitor local market physical consumer engagement and cash- based transaction activity using information communication technology hardware and token exchange algorithms.
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