Workshop: Empowering Merchants for Next Generation Rewards

Reefic Protocol
Reefic
Published in
3 min readSep 4, 2018

Singapore, July 27th 2018 — Following the success of the first workshop: Digitization of Business in the Era of Digital Economy in April 2018, Reefic Protocol and M.C. Models Global partnered together and hosted our second workshop on why blockchain is a smart solution for loyalty programs in Singapore.

Held at King Ohmmi, this workshop also extended itself as a great opportunity for Reefic Protocol to grow the word about its advantages for all industries.

Events like this one are a unique opportunity for Reefic Protocol to gain invaluable contacts and showcase our project to a large and major players of the industry.

The workshop kicked off with Dr. Koh; the CEO and CTO of Reefic Protocol going over the announcement of the project to the crowd.

Our CEO and CTO, Dr. Koh shared the vision of Reefic Protocol and highlighted the importance of having focused on a decentralized platform, where customers can exchange reward points and vouchers across multiple loyalty programs and selected cryptocurrencies.

He also talked about how the industry is rapidly changing and how Reefic Protocol is set to create a sustainable community ecosystem and a sharing economy where businesses can benefit from data and contributions that are aggregated by an incentivised community.

Our goal is to get the community together, enable all to get a better understanding of Reefic Protocol and adapt it to best fit any form of business.

Reefic Protocol aims to synchronise the contrasting reward programs onto a networked loyalty platform with each maintaining an independent flow of operations to create a harmonious ecosystem. The platform will not interfere with the business strategies of participating programs to allow program providers to better regulate and tailor their rewards.

The use of blockchain technology will allow the source of all loyalty points to be effortlessly authenticated, curbing fraud and deepening security. With its internal crypto-token economy, the system controls inflation and tracks the stream of loyalty points on the platform.

Following next, Marc, Founder of M.C. Models Global and the organizer of the event, wrapped the session and thanked everyone who has supported us along the way and has made this workshop possible.

Shoutout to all the attendees that were incredibly open and interactive during the workshop!

About M.C. Models Global

M.C. Models Global creates and manages events in the fashionable lifestyle arena , fintech and blockchain industry and ICO Events. MC Models boasts its proficiency and efficiency in, which not only promotes all business and commercial products, but also receives publicity from far and wide or corporate clients in Asia.

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Reefic Protocol
Reefic
Editor for

Reefic is a decentralized platform where customers can exchange reward points and vouchers across multiple loyalty programs and selected cryptocurrencies.