Thursday, March 15, 2018

Great idea, but we don't need another coin

PR: BUSINESSCOIN – Decentralized Apps in Service of Hospitality, E-Commerce and Real Estate

The remove the middle man in foreign travel plans. Great, but a new ledger is unnecessary. If I would them, I would be looking at the Singapore airlines idea for the frequent flyer coin, a much better coin to measure travel costs.

We will see a bunch of the ICOs coming out, all of them planned before we figured out bearer asset networking.  They will adapt once they figure it out.  Ripple has this problem, great idea, bearer asset network, but the XRP coin is unnecessary and slows the company down.

Here:
KrisFlyer is the frequent flyer programme of Singapore Airlines and is designed to reward everyone who loves to travel, with us and our partners. Best of all, you not only earn KrisFlyer miles every time you fly. You can get them whenever you use your credit card.

No comments: