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  • Intellabridge Technology Corporation (INTL) ¬†announced plans to release the Kash Points Token System
  • The loyalty token points will initially be available to the first 100,000 Kash beta users in the coming months
  • The Kash product provides customers with an easy way to transfer money into the decentralized financial ecosystem using banking transfer services from customers’ existing banks
  • Intellabridge has built upon Terraform’s existing technologies with multiple layers of cybersecurity mechanisms for consumer protection
  • Intellabridge Technology Corporation (INTL) is down 0.58 per cent and is trading at C$1.72 pm ET

Intellabridge Technology Corporation (INTL) has announced plans to release a blockchain-based loyalty token point system.

This next-generation loyalty token point system is expected to provide multiple benefits to customers of the Kash blockchain neo-bank and to Intellabridge partners, including free debit cards, cashback on transactions, discounted subscriptions, lower fees, increased interest rates on savings accounts, and other rewards within the partner network.

The loyalty token points will initially be available to the first 100 thousand Kash beta users in the coming months.

The Kash product provides customers with an easy way to transfer money into the decentralized financial ecosystem using banking transfer services from customers’ existing banks or through global cryptocurrency exchanges.

Intellabridge uses the multi-billion dollar Terra blockchain, developed by TerraForm Labs, which was founded by a Stanford engineer, with investment from Coinbase, Robinhood CEO Vladimir Tenev, Delphi Digital, and Galaxy Digital Holdings Inc.

Intellabridge has built upon Terraform’s existing technologies with multiple layers of cybersecurity mechanisms for consumer protection and concierge customer service.

The combination of cybersecurity, customer service, and traditional banking integration capabilities enables mass audiences to earn a stable 10% per annum on deposits by directly accessing decentralized financial markets.

“[…] by leveraging blockchain technology, we can make the rewards exchangeable between members of the Intellabridge partner network and benefit end customers in a very powerful way,” said John Eagleton, Intellabridge CEO.

“We are proud to be a pioneer in helping to make loyalty points on the blockchain a global standard in the future,” added Eagleton.

Intellabridge will release a whitepaper detailing both the finalized mechanics of the blockchain-enabled Intellabridge Kash points token system along with a product roadmap that extends the long-term vision of the system to corporate partners.

Intellabridge Technology Corporation (INTL) is down 0.58 per cent and is trading at C$1.72 pm ET.

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