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Al Burgio - Founder at DigitalBits - Blockchain Technology Supporting The Tokenization & Trading Of Digital Assets, Such As Loyalty Points & Rewards
Future Tech: Almost Here, Round-the-Corner Future Technology Podcast
English - August 28, 2018 04:54 - 17 minutes - 11.9 MBEducation health fitness entrepreneur leadership business entrepreneurship interview Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
The DigitalBits Project is an open-source software project used by the DigitalBits blockchain network. In addition to supporting fast & low-cost micropayments & remittances, Enterprises are also able to tokenize assets on the DigitalBits blockchain. Users are able to trade on-chain and the technology will automatically-trade (with multi-hop) in less than 5 seconds.
Loyalty points & rewards are one of the asset categories that the decentralized DigitalBits blockchain is able to support. There are over $100Billion in unused points currently in the US alone and 1/3 of points issued each year (representing approx $16Billion in value) are never used.