TrueFocus offers a Blockchain based ‘Thank You Card’ solutions to measure the effectiveness of training and coaching activities. It lays the foundation for a culture that rewards a peer-to-peer knowledge exchange, which manifests in a culture of gratitude and overall development of an organization.
Thank You Cards (TYC) is a blockchain-based appreciation software designed to encourage gratitude and appreciation among teams.
TYC is a score ledger which keeps immutable score of the Thank You Cards that an individual has received from and bestowed on their peers, colleagues and teams.
TYC creates an opportunity for employees to appreciate the efforts of their fellow colleagues. It aims to reward those who go the extra mile and fosters a mood of support, appreciation within the team. Effectively, a positive attitude towards work and tangible rewards creates a sense of belonging which can be effective in reducing the churn rate and attrition rate in organizations.
- It’s distributed – Blockchain creates a shared system of record among network members, eliminating the need to reconcile disparate ledgers.
- It’s permissioned – Each member of the network must have access privileges. Information is shared only on a need-to-know basis.
- It’s immutable – Consensus is required from all members and all validated transactions are permanently recorded. Even a system administrator can’t delete a transaction.
CLICK HERE TO REQUEST FOR A DEMO!