Partnership to Scale Customer Loyalty Platform, Southeast Asia Incubator Lunch
Appsolutely, a blockchain omni-channel loyalty solution, has announced its partnership with NEM, the smart asset blockchain, in order to scale Appsolutely’s LoyalPlatform for fast, transferable and secure customer loyalty redemption. Operating at 4,000 transactions per second (TPS), the NEM blockchain high processing speeds that can now be leveraged for transactions involving LoyalCoin (LYL), the currency of the LoyalPlatform. This announcement comes before the launch of the LYC token generation event on the 11th of December, 2017.
Also revealed was the launch of the Appsolutely-NEM Blockchain Center, an incubator, accelerator and co-working space for blockchain start-ups in Southeast Asia. The new centre is designed to build a strong community that enables entrepreneurs to learn how to use blockchain technology to build services that solve business problems worldwide. The flagship location, located in Manila, is planned to open by end of 2017 or early Q1 of 2018. The centre is the first in a planned series of blockchain centres across Southeast Asia.