Blockchain technology is making it happen: A world where loyalty points are received real-time and tradable with competing points.
BitBeat: How Bitcoin technology could shake up the loyalty-points business
Retail rewards points - frequently flyer miles, hotel loyalty points, return-customer retailer programs and so forth - that make use of cryptocurrencies or their underlying blockchain technology were exempted from the regulations. For Ribbit, which creates software that turns reward points into tradable, blockchain-based crypto-tokens, that was good news.
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