Brazilian premier league soccer club Atletico Mineiro has launched a fan token dubbed “GaloCoin,” Cointelegraph Brazil reports Friday, Dec. 14. The GaloCoin is named after Atletico’s mascot, a rooster (“galo” in Portuguese). It is based on Footcoin — a platform that allows to launch utility tokens on the Ethereum blockchain. The GaloCoin is tied to the national fiat currency exchange rate and is equal to one Brazilian real.
Payments platform PayPal has so far avoided Bitcoin acceptance and, at least visibly, not considered blockchain for its platform. Now, it has launched an internal blockchain-based employee incentive program. A production of PayPal’s innovation lab, in San Jose, California, the platform took 25 strong team six-months to build and went live this November, according to reports by Cheddar and the lab’s director of innovation Michael Todasco.
21-Aug-18 Swiss Loyalty Ecosystem qiibee Announces Partnership with Italian Retail Association Confimprese
Qiibee, the Swiss loyalty token protocol which helps brands around the world run their loyalty programs on the blockchain, has announced a partnership with Italian Retail Association Confimprese.
This strategic partnership allows qiibee to harness the power of Confimprese’s extensive relationships with some of the world’s most renowned brands across the homeware, electronics, entertainment, clothing, F&B, and health and wellness sectors.
P.S. Read more news in the new issue of our Rising Blockchain Magazine.