InvestorsHub Logo
Followers 0
Posts 66
Boards Moderated 0
Alias Born 06/05/2023

Re: None

Thursday, 04/18/2024 3:41:40 PM

Thursday, April 18, 2024 3:41:40 PM

Post# of 33045
If you are not familiar with token based rewards, our group's understanding (Note: we have not discussed with the CEO) is that in a monetary system, blockchain technology enables “programmable money,” with the issuance and tracking of currency units facilitated by smart contracts. In customer rewards, blockchain can enable “programmable rewards,” yielding efficiency benefits for businesses and leading to a smoother customer experience. In contrast, tokenized rewards are issued on a blockchain, with issuance and reconciliation proceeding according to the blockchain’s rules and smart contracts.