qiibee (QBX)

qiibee foundation is a decentralized payment infrastructure that enables businesses and consumers to trade loyalty currencies and enrich them with more liquidity.

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What is qiibee

Qiibee is a software company that offers a solution for businesses and consumers in its blockchain-based platform. Through qiibee’s plug-and-play solutions, enterprises worldwide are running and operating their loyalty programs on the blockchain in just a few hours. The company is creating a decentralized, Ethereum infrastructure-based loyaltyecosystem by providing a loyalty platform and developer interface on which every loyalty application can be tokenized. qiibee enables companies all around the world to run their loyalty applications on the blockchain. The cutting-edge, easy-to-use solutions set the new global standard for loyalty. Qiibee offers a comprehensive development kit that includes an API, tutorials, complete documentation, and a dashboard with an exceptional user experience. When a brand integrates with Qiibee’s API, it gains the flexibility to structure its loyalty system according to its preferences. As explained by Gabriele in an Interview on CNN; Brands can tokenize various elements as part of their loyalty system, such as discount codes, coupons, or points stored on the blockchain.

• Each of these points is stored in the same database, so it’s easier to exchange them
• This fosters collaboration and also provides value for customers

Here’s an example of how this works. If you hold some amount of Coca-Cola points (from your purchases) and you want to get coffee from Starbucks, you can exchange your points (or coins) with someone who’s a part of Starbucks’ loyalty program. So you get access to their premium coffee and he gets access to Coca-Cola’s offer. This is quite similar to how P2P exchange works. And it’s exactly how Qiibee powers loyalty programs, however, they do this with QBX tokens.