Italy: Blockchain is the Century’s Most Key Innovation, More Applications Looked

[Goodcat49]

Italy has for long been working hard to make the ends meet in the field of technology including Blockchain and cryptocurrency. Blockchain technology is a more ‘basic tech’ that has the capacity to create massive new technologies and many new bases for the world economy and other social systems, and due to this, it will overthrow several business models.

The wide use of blockchain technology halsen to cause significant advancements in the world supply chains, accounting, financial transactions and assets to social networks. This nascent technology can be effectively merged in various areas and its protocols aid firms to employ new ways to execute and manage transactions.

These are some examples of applications being looked at in Italy this year via projects startup: reward customer loyalty, track & project valuable products, finance, smart contracts, identity, internet of things, and digital government.   

Reward Customer Loyalty   
Loyalty programs have chop-chop launched themselves in the most wide-ranging sectors such as travel, financial services, retail and others. Through distributed ledger technology (DLT), one can develop an initiative that Rewards Loyalty program who cling to Bitcoin (BTC) or who for instance recruits a ‘new friend (s)’ into the program.   

The fund can be spent to buy goods and services within the same program. A profit for a user subscribed to several loyalty programs can also receive refunds or exchange points of various programs via a single platform.

https://coinidol.com/italy-blockchain-is-century-most-key-innovation/

[sammysnack]

Damn, finally. I practically lost hope for that.