Blockchain 

China’s Army Considering a Blockchain Rewards System, Report

China’s military could implement a blockchain rewards system to manage personnel data and incentivize its workforce, the Global Times reported on Nov. 18. Citing a People’s Liberation Army (PLA) Daily report, the Global Times underscores that the blockchain system would likely not involve financial incentives, but would be used as an innovation strategy for the military’s management. Non-financial incentives The PLA is reportedly interested in using an immutable and secure blockchain-based system to manage personnel data; spanning records such as military training, career path, missions undertaken and performance reports.  The…

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Bitcoin 

Bitcoin Rewards App Lolli Responds to Alibaba’s Denial of Partnership

Bitcoin (BTC) rewards shopping app Lolli has responded to Alibaba’s denial of a partnership between the two companies following Singles’ Day marketing blitz. CEO of Lolli Alex Adelman refuted Alibaba’s denial of partnership with Lolli. In an email to Cointelegraph on Nov 17, Adelman maintained that Lolli did have a partnership with the Alibaba Group, saying: “We’ve been partnered with Alibaba Group since May through AliExpress. We have driven AliExpress significant revenue and distributed bitcoin rewards to our users.” A partnership rejected It was previously reported that Lolli introduced an…

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Blockchain 

Gaming Rewards Firm Partners With Blockchain-Based Streaming Platform DLive

United States blockchain-based rewards and marketing company Refereum has announced its latest partnership with decentralized streaming platform DLive to reward gamers for creating and watching content. According to a press release shared with Cointelegraph on Nov. 7, Refereum’s partnership with one of blockchain’s largest streaming platforms, DLive, will enable users to earn rewards for live-streaming games. DLive is reportedly the first blockchain-powered streaming service to join the Refereum platform, alongside Twitch and Mixer. DLive CEO Charles Wayn said: “Bringing benefits to our streamers is always one of DLive team’s priorities.…

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Blockchain 

Loom Network Offers a Rewards Program to Its DApp Developers

Loom Network, a blockchain-based platform designed with large-scale social apps and games in mind, launched a new bounties and rewards program. In the announcement published on Sept. 24, Loom said that it kicked off a new campaign to recruit decentralized applications (DApps) developers, which involves several large bonuses of Loom tokens to grow the ecosystem. Co-founder of Loom Matthew Campbell said: “In order to help grow our ecosystem, we want to continue rewarding our existing stakers, validators, and current and future dapp developers with LOOM tokens for doing various tasks.…

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Bitcoin 

Bitcoin Rewards App Lolli Partners With Major US Pet Store Chain

Lolli, an app that provides Bitcoin (BTC) rewards to users when they shop with partner stores, has teamed up with major American pet retailer Petco. The rewards deal with Petco Lolli announced the new partnership in an official blog post on Aug. 23. In the announcement, the company notes that there are two new veins of rewards that come with the partnership. One is that Lolli users can earn up to 3.5% satoshis (sats) of their purchases on Petco’s website, Petco.com.  Another is that Lolli users can earn a flat…

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Ethereum 

Binance Unknowingly Earns Staking Rewards of Stellar, Adds Support

Major cryptocurrency exchange Binance has earned staking rewards on Stellar (XLM) following a change of some parameters on cold and hot wallets. In a blog post published on July 18, Binance said that it unknowingly earned staking rewards of 9,500,000 XLM ($775,000 at press time) in extra XLM tokens in the wake of specific parameter changes on cold and hot wallets made a year ago. The exchange subsequently decided both to immediately add staking support for XLM and to share the gained XLM rewards with the entire community. The post…

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Blockchain 

Social Network Taringa! Launches Stablecoin Rewards for 27 Million Users

Latin American social networking giant Taringa! has partnered with MakerDAO and e-wallet provider Airtm to launch a stablecoin-powered points system for its 27 million strong user base.  According to an official Taringa! news release published on July 7, the development was revealed on Friday during the Blockchain Summit Latam in Mexico City.   The pilot program, dubbed “Taringa! Pioneers,” will reportedly reward users with points for creating popular platform content, which can then be monetized by being converted into MakerDAO’s Ethereum blockchain-based stablecoin DAI.  Taringa!’s news release places a strong accent…

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Ethereum 

You Can Now Get Bitcoin Rewards When Booking at Hotels.Com

Bitcoin (BTC) rewards shopping app Lolli has expanded its business by adding major booking service Hotels.com to its partners, the company announced in a blog post on June 25. With the new partnership, the New York-based firm now has two of the world’s top three travel websites including Booking.com and Hotels.com, Lolli said in the announcement, citing data from traffic analytics service SimilarWeb.  Founded in March 2018, Lolli allows users to earn Satoshis (sats), the smallest unit of bitcoin currency worth of 0.00000001 BTC, while shopping online. The firm claims…

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Blockchain 

Chinese City Offers Rent Subsidies, Cash Rewards to Blockchain Businesses

Fuzhou, China is offering rent subsidies to blockchain businesses in a bid to accelerate the industry’s growth, the state-run People’s Daily reported on June 11. The incentive is part of three measures designed to help the sector, and will enable companies to receive up to 600,000 yuan ($86,800) in relief on rent bills per year for three years. Traditional companies will also be encouraged to build blockchain applications, and will be eligible to receive a 20% subsidy on the cost of their development. Projects that win awards for scientific and technological progress, or…

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Blockchain 

Iota Partners With Jaguar Land Rover on Crypto Rewards Program, Price Jumps 20%

United Kingdom car manufacturer Jaguar Land Rover will use blockchain network Iota to reward drivers with cryptocurrency for data reporting, the companies confirmed in a press release on April 29. Part of a plan to gather better information on road conditions and vehicle performance, Jaguar will distribute Iota’s Iota tokens to Smart Wallets tied to participating drivers. The drivers will then be able to redeem them for various products including road tolls and even coffee, Jaguar says. “In the future an autonomous car could drive itself to a charging station,…

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