Home Blockchain Telecoms Big MyRepublic Groups Up With Advertising and marketing Expertise Supplier Aqilliz...

Telecoms Big MyRepublic Groups Up With Advertising and marketing Expertise Supplier Aqilliz To Create Blockchain-Primarily based Loyalty Programme


myrepublic-aqilliz

Multinational web service and telecommunications supplier, MyRepublic has teamed up with blockchain digital advertising firm Aqilliz to pilot a brand new blockchain-based loyalty programme pilot.

Entitled MyRewards, the blockchain-based loyalty programme software was developed as a part of the IMDA Blockchain Problem which seems to discover the purposes of blockchain to drive better operational effectivity and enterprise mannequin innovation within the telecommunications sector.

Lawrence Chan, Managing Director of MyRepublic Singapore, mentioned:

~ Commercial ~

Cashaa

“Blockchain has huge potential for unprecedented insights into client preferences, permitting us to not solely see their go-to touchpoints, but additionally be taught and adapt a few of our methods in person concentrating on. Our partnership with Aqilliz has been an extremely precious expertise.”

Gowthaman Ragothaman, CEO of Aqilliz, mentioned:

“Whereas blockchain’s advantages is probably not instantly obvious to on a regular basis customers, the much less intrusive it’s to the person expertise, the higher it’s. For programme house owners and retailers, MyRewards imparted clear advantages in comparison with present loyalty programme infrastructures. With elevated transparency, important cost-savings, and the potential to ship extra worth to their prospects, we hope that manufacturers can recognise that there’s a viable future for blockchain as a expertise that may form the loyalty ecosystem for the higher.”

MyRepublic subscribers acquired an invite to obtain the MyRewards cell software, obtainable on each the Google Play and iOS app retailer. From February to April 2020, MyRepublic prospects might earn factors primarily based on their month-to-month invoice which might be redeemed at any of the corporate’s 19 shops islandwide via an in-app QR code system.

As well as, MyRepublic customers additionally had the choice of incomes factors by connecting to over 20,000 [email protected] hotspots islandwide at places together with procuring centres, libraries, neighborhood centres, and different public venues. MyRewards factors might then be spent on in-app purchases for retail vouchers and different branded presents, rewarding customers for his or her participation.

Aqilliz leveraged Zilliqa, the high-performance, high-security blockchain platform for the MyRewards cell app in an effort to discover the feasibility of a public blockchain community for a wide-scale software.

When in comparison with conventional loyalty programmes, transaction prices could be considerably lowered with blockchain expertise—a precious profit enabled by Zilliqa’s distinctive method to transaction processing. These cost-savings and emphasis on provide chain transparency all merely serve to intensify the shopper expertise on the MyRewards app, as transactions happen in near-real time and programme house owners profit from a holistic, ongoing view of buyer habits.

Aqilliz seems to construct a wider community of blockchain-based loyalty programmes that may perform as one interoperable system, in an effort to enhance the effectivity and utility of this widely-used buyer engagement technique.





Learn orginal right here

- Advertisement -
Mr Bitcointe
Mr Bitcointehttps://www.bitcointe.com/
“Fact You Need To Know About Cryptocurrency - The first Bitcoin purchase was for pizza.” ― Mohsin Jameel
474FansLike
76FollowersFollow
4,567FollowersFollow
5,261FollowersFollow
1,579FollowersFollow
2,230SubscribersSubscribe
USD - United States Dollar
EUR
1.18
GBP
1.29
CHF
1.10
NOK
0.11
JPY
0.01
CAD
0.76
AUD
0.73

Most Popular

Over 40 Bitcoin Forks Are Down More Than 98% Since 2017’s Forking Fiesta

Since the summer of 2017, more than 44 forks of the Bitcoin network were created and so far many of them have...

MicroStrategy CEO seems to embrace Bitcoin maximalism

MicroStrategy’s decision to use Bitcoin as its primary reserve currency has Michael Saylor seemingly favoring the asset over altcoins.In a Sept. 20 tweet, the...

US Space Force taps blockchain firm Xage Security for data protection

The recently created United States Space Force, or USSF, and the U.S. Air Force Research Lab has chosen blockchain firm Xage Security to...

Uniswap payday, ETH transactions hit record high & EU backs stablecoins

Coming every Sunday, Hodler’s Digest tracks every important crypto news story from the previous week. Essential reading for all Hodlers! Top Stories This Week Frenzy as...
bitcoin
Bitcoin (BTC) $ 10,955.45
ethereum
Ethereum (ETH) $ 374.33
ripple
XRP (XRP) $ 0.245905
tether
Tether (USDT) $ 1.00
bitcoin-cash
Bitcoin Cash (BCH) $ 227.46
bitcoin-cash-sv
Bitcoin SV (BSV) $ 154.71
litecoin
Litecoin (LTC) $ 47.05
eos
EOS (EOS) $ 2.68
binancecoin
Binance Coin (BNB) $ 26.30
okb
OKB (OKB) $ 6.26
tezos
Tezos (XTZ) $ 2.24
leo-token
LEO Token (LEO) $ 1.24
cardano
Cardano (ADA) $ 0.089636
monero
Monero (XMR) $ 93.27
stellar
Stellar (XLM) $ 0.077203
chainlink
Chainlink (LINK) $ 9.77
huobi-token
Huobi Token (HT) $ 4.88
tron
TRON (TRX) $ 0.027314
usd-coin
USD Coin (USDC) $ 1.00
dash
Dash (DASH) $ 71.37
neo
NEO (NEO) $ 24.02
iota
IOTA (MIOTA) $ 0.266574
nem
NEM (XEM) $ 0.113718
zcash
Zcash (ZEC) $ 57.83
maker
Maker (MKR) $ 485.03
paxos-standard
Paxos Standard (PAX) $ 1.00
ethereum-classic
Ethereum Classic (ETC) $ 5.11
vechain
VeChain (VET) $ 0.014618
true-usd
TrueUSD (TUSD) $ 0.999718
ftx-token
FTX Token (FTT) $ 3.77
kucoin-shares
KuCoin Shares (KCS) $ 1.15
waves
Waves (WAVES) $ 2.45