Backed enables businesses to adopt blockchain and cryptocurrency. Our first product will target reward, loyalty programs offering small business, enterprise, ecommerce seamless ways to offer customers rewards at the time of purchase with cryptocurrency or tokens. The other segment enables organizations (employers) to offer an employee rewards system in crypto. This is the first time consumers can get deflationary rewards and enroll in a staking mechanism to get passive income on top of the awarded tokens. These rewards can be acquired faster than membership networks and can be spent anywhere.