2024
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GIVO is an all-in-one gift card application that allows users to exchange, buy or sell gift cards, as well as store newly acquired or current gift cards. The core functionality revolves around the marketplace, enabling users to exchange unwanted gift cards for other gifts cards, along with a cash top-up (if necessary). Users also have the option to sell their unwanted gift cards for cash if desired. To help match individuals for an exchange, users can create an account and set preferences such as the categories or brands of gift cards they like. GIVO uses machine learning and intelligent algorithms to match users together according to these preferences. Furthermore, users can manage their current or acquired gift cards using the digital wallet. This simple and convenient design allows gift cards to be stored easily and securely, thereby improving the usability of gift cards.
With the escalating living costs and inflation, there's a burgeoning motivation among individuals to promote financial efficiency while also cultivating sustainable consumption practices. Despite their increasing popularity as gifts, billions of dollars' worth of gift cards go unused each year. GIVO is positioned to significantly reduce resource wastage and play a crucial role in advancing toward a more sustainable society.
Credits
Entrant Company
Peerly Inc.
Category
Innovation in Technology - Mobile Technology
Country / Region
United States
Entrant Company
ILUNION Hotels
Category
Innovation in Organizational Excellence - Excellence in Business Transformation
Country / Region
Spain
Entrant Company
eBay Inc.,
Category
Innovation in Services and Solutions - Information Technology (IT)
Country / Region
United States
Entrant Company
Sunitha Safavat
Category
Innovation in Technology - Best Artificial Intelligence Technology Innovation
Country / Region
United States