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INTERNET CITY, DUBAI, Dec 16, 2022 – LBank Exchange, a global digital asset trading platform, has listed PayPointCoin (PPC) on December 16, 2022. For all users of LBank Exchange, the PPC/USDT trading pair is now officially available for trading.
As a universal loyalty program protocol, PayPointCoin (PPC) uses blockchain technology to track all transactions within the protocol, providing more rewards to loyal customers. The PPC token has been listed on LBank Exchange at 8:00 UTC on December 16, 2022, to further expand its global reach and help it achieve its vision.
Introducing PayPointCoin
Addressing some of the challenges that current loyalty programs face due to inefficient data management, and lack of data privacy and ownership, PayPointCoin is a universal loyalty program protocol that can revolutionize the way that merchants track and distribute rewards points and coupons so that more perks and benefits will be provided to loyal users. It uses blockchain features such as smart contracts, wallets, and tokens to track all the transactions within the protocol.
Specifically speaking, PayPointCoin allows transaction ledgers to be shared across a network of participants. When a new transaction occurs (e.g. loyalty points are issued, redeemed or exchanged) a unique PayPointCoin is created and assigned to that transaction. PayPointCoins are grouped into blocks and distributed throughout the network, updating all ledgers at once.
By leveraging the blockchain technology, PayPointCoin makes it easy to track each transaction and its history, while making it irreversible, avoiding double-spending, fraud, abuse and other types of transactions manipulation. In addition, by allowing multiple parties to record and access transactions in near real-time, blockchain increases the opportunity for loyalty rewards program providers to reduce adjustment inertia for credit points more quickly.
Furthermore, PayPointCoin is supposed to reduce costs associated with errors and fraud by reducing system administration costs with smart contracts that report transactions securely, traceably and transparently to legacy systems. Large loyalty rewards program providers with well-developed programs in the early stages of building interconnected loyalty networks have a unique opportunity to provide value-added services to other businesses.
Last but not least, for consumers juggling different loyalty programs, blockchain provides instant redemption and can be exchanged for multiple loyalty points currencies on a single platform. With only one “wallet” for points – the PayPointCoin Wallet, consumers do not have to look for options, restrictions and usage rules for each program.
About PPC Token
PPC is the native token of PayPointCoin ecosystem. Based on ERC-20, PPC has a total supply of 2 billion (i.e., 2,000,000,000) tokens, of which 30% is provided for the ecosystem, 25% will be used for marketing, 20% is allocated for investment, 10% is provided for partners, 7% will be used to provide liquidity for transactions on the platform, 5% is allocated to the team, and the remaining 3% is allocated to advisors.
In addition, 100% of the revenue stream is used to buy back tokens from the market. They are then burned each month, reducing the total circulating supply, and increasing the value of PayPointCoin tokens.
The PPC token has been listed on LBank Exchange at 8:00 UTC on December 16, 2022, investors who are interested in the PayPointCoin investment can easily buy and sell PPC token on LBank Exchange right now. The listing of PPC token on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
Learn More about PPC Token:
Official Website: http://paypointcoin.com
About LBank
LBank is one of the top crypto exchanges, established in 2015. It offers specialized financial derivatives, expert asset management services, and safe crypto trading to its users. The platform holds over 7 million users from more than 210 regions across the world. LBank is a cutting-edge growing platform that ensures the integrity of users’ funds and aims to contribute the global adoption of cryptocurrencies.
Start Trading Now: lbank.com
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LBK Blockchain Co. Limited
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