Chain of Points Launches Crowdsale to Help Small Businesses with Loyalty

Chain of Points, a new Blockchain Blockchain Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Blockchain comprises a digital network of blocks with a comprehensive ledger of transactions made in a cryptocurrency such as Bitcoin or other altcoins.One of the signature features of blockchain is that it is maintained across more than one computer. The ledger can be public or private (permissioned.) In this sense, blockchain is immune to the manipulation of data making it not only open but verifiable. Because a blockchain is stored across a network of computers, it is very difficult to tampe Read this Term-based loyalty platform, today announced its upcoming token offering sale, which will begin on February 9 2017 and run until March 9. The Toronto-based startup's new cryptocurrency, called Points, can be used to transfer and redeem loyalty rewards between merchants and customers.

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Irene Katzela, PhD and CEO of Chain of Points, said: “Over 50% of loyalty-accumulated rewards are never redeemed and overall interest in these programs among the younger generations is low and decreasing. A multibillion dollar rewards-oriented industry is shrinking fast. Chain of Points is the best solution for merchants and customers; it is easy to understand, and can be implemented in a matter of minutes. To meet the demands of industry, we have built our own blockchain and have developed a stable and scalable solution that benefits the merchants and their customers.”

The developers explain that the platform is designed to allow small and home business owners to focus on their main operations and create a loyalty program through easy-to-use-technology. A robust API also makes Chain of Points compatible with more sophisticated workflows, making it beneficial for medium to large businesses as well.

“Chain of Points solves a large problem many merchants face: how to encourage customers to actively participate in rewards programs,” said Shidan Gouran, President of Gulf Pearl Limited and an investor in Chain of Points. “We need to move away from traditional loyalty programs, and cater to the younger, digital generation. Millennials have a peer-to-peer mindset that puts a greater value on self-Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term and sharing.”