Loyyal current product seems focusing on loyalty programs, however, it doesn't mean the company is not a blockchain tech company. In fact, ASX announcement specificially titled, "Strategic Investment in Blockchain Leader".
Also, RFN appointed global Blockchain industry expert Matthew Hamilton as Blockchain Industry Advisor and Blockchain industry leader Tim Lea as CEO.
If RFN just passively invests in a tech company, why would they need to appoint blockchain experts???
Loyyal is the first company to have leveraged the breakthrough advantages of blockchain for the global loyalty and rewards industry with its proprietary blockchain network platform. This proprietary platform (the subject of filed patent applications) can be white labelled or offered direct to large enterprises and loyalty program operators.
ASX Announcement 3 October 2017
GLOBAL BLOCKCHAIN INDUSTRY EXPERT APPOINTED
The directors of enterprise to employee Software as a Service solutions provider REFFIND Limited (ASX: RFN, the Company) are pleased to announce the appointment of global Blockchain industry expert Matthew Hamilton as Blockchain Industry Advisor.
ASX Announcement 1 December 2017
NEW CEO APPOINTED
The directors of enterprise rewards and recognition Software-as-a Service solutions provider REFFIND Limited (ASX: RFN, the Company) are pleased to announce the appointment of Blockchain industry leader Tim Lea as Chief Executive Officer effective 1 December 2017.
Ann: Strategic Investment in Blockchain Leader, page-227
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