REM Loyalty is a system based on a chain of bindings for loyalty incentive programs, linking both crypto and traditional consumer communities. With the help of REM, consumers can easily manage several loyalty programs, as well as buy, exchange and redeem partner reward points.
What is REM Loyalty about?
REM Loyalty is a blockchain-based ecosystem for loyalty rewards programs, linking both crypto and traditional consumer communities. With REM, consumers can easily manage multiple loyalty programs as well as purchase, exchange and redeem partnered reward points. REM’s App Wallet offers secure and fast transactions and the industry’s highest cash back redemption rate. Loyalty program partners also benefit through enhanced revenues, smart analytics and and easy to adopt APIs. Powered by Stellar, REM helps you unlock the value of your rewards.
What is the value proposition?
An effective customer loyalty program can help businesses win the mindshare of their top 5% customers who bring in 30% of the revenue. With approximately $100 billion US in loyalty points left unclaimed in North America, this provides a case for REM Loyalty to disrupt the limitations of the current loyalty reward programs with the support of blockchain.