Blockchain start-up Mil.k teamed up with Luxury retail space chain. This joint venture had brought Blockchain technology to “millions”.
The Seoul-based luxury-retail-space chain is Shinsegae Duty Free which will provide loyalty point’s compatibility and management.
The new partnership allows Shinsegae customers to connect their existing rewards accounts to the MiL.k mobile application.
MiL.K, in turn, can be exchanged for reward points at other partnering vendors, such as Yanolja, a Korean travel accommodation platform.
Such partnerships allow MiL.K to increase the utility of loyalty points across the leisure, lifestyle, and travel sector, making it a more effective endeavor, the press release stipulated.
Subscribe to our newsletter!
Related Articles From Blockchain News Report: