[2016-05-13] Firstpost: Capgemini and ascribe to bring blockchain to fin clients

Capgemini and ascribe ally to bring blockchain to financial services clients

http://tech.firstpost.com/biztech/capgemini-and-ascribe-ally-to-bring-blockchain-to-financial-services-clients-314780.html

Capgemini, the provider of consulting, technology and outsourcing services, has announced an alliance with ascribe GmbH to develop a blockchain database solution built on BigchainDB, for a rewards and loyalty system for consumer banking that tracks processed transactions in real-time. The blockchain database will enable banks to offer consumers the ability to combine loyalty points from various programs and use them in real-time for redemption.

As part of the alliance, Capgemini will bring together its financial services, consulting and digital technology expertise in BigchainDB to design and develop a loyalty and rewards system. The blockchain database solution will help banks to have flexibility on offering a robust reward system that is cost-efficient, and secure, while providing consumers the ability to use rewards across multiple merchants.

Topic: [2016-05-13] Firstpost: Capgemini and ascribe to bring blockchain to fin clients (Read 675 times)