Ann: Reffind completes investment with Loyyal, page-190

Loyyal is revolutionizing loyalty programs
The travel and tourism industry thrives on loyalty – frequent flier miles, gift cards, complimentary breakfast, concierge, and airport lounges are some of the perks that businesses in the travel industryuse to reward their customers. The problem however with the current loyalty system is the complexity and high costs of setting up procedures and settlement process. The worst part is that it is practically impossible to transfer reward points between airlines or hotels. When you do get to transfer points between airlines of the same alliance, you’ll be required to make a redundant phone call and wait for as much as six weeks for the points to be moved.

Loyyal wants to leverage the distributed nature of blockchain technology to improve interoperability among business operating in the airline industry. With Loyyal’s system, travelers will find it easy to access and transfer travel points in real time. In a use case scenario, you can transfer the points from your airline trip into an Uber app to book a ride as soon as you clear customs at the airport. You can use the loyalty points from your hotel to buy coffee when you walk through town.

https://www.insidermonkey.com/blog/...ogy-is-disrupting-the-travel-industry-627084/