Philippines-Based  LoyalCoin Is Creating Loyalty Network

Philippines-based LoyalCoin  which is the trending coin and is based on social media and trade activity is planning to establish the biggest and major loyalty network where thousands of different brands are fungible and all due to cryptocurrency.

The clients will have chance to turn bonus point from the large number of brands into taxi rides, air miles, fast food treats and  anything else they want.

Beginning from August this year  for the first time they will manage the function such as cashing out their bonus into Fiat currency.

An innovative digital fund, LoyalCoin is the idea of Filipino company Appsolutely which has become a major player in the loyalty and rewards sector over the last five years.

It is currently utilizing blockchain innovation technology to make the true worldwide scheme  where you can utilize your enthusiasm for pizza to fly off on vacation, and your shopping bills to pay for a taxi crosswise over town.

LoyalCoin is right now working in the Philippines yet is set to venture into South Korea, Japan and the United States before the year’s over. A course into the European market is designed for 2019.

It has officially made waves in the cryptographic money world through its association with United Kingdom e-bike retail seller 50cycles.

A month ago the British organization announced about electric bikes named Toba, on which riders can gain LoyalCoin while they pedal it which is at the rate of around £20 ($26.50) for each 1,000 miles they pass.