Online Retail Startup Benebit Uses Blockchain Technology to Disrupt the Online Shopping Industry, ICO Commences Jan. 22, 2018
Summary
The service uses an app and physical card to allow users to collect loyalty points, exchange them for Benebit tokens, and spend them at all of your favorite online stores.With both retailers and consumers in mind, Benebit.io aims to revolutionize the world of cashback and loyalty programs through the adoption of blockchain technology.Now, customers do not have to worry if they are in the UK or Europe, as they will always be able to shop from their favorite brands all over the world using one single Benebit Token (BNE).While shoppers can use the app to find brands, shop and store their points, the Benecard solves the longstanding problem of countless loyalty cards.Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections.
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