CRYPTOCURRENCY
BMW Uses Coinweb And BNB Chain For Loyalty Program
BMW has integrated a supplier of decentralized architecture as well as BNB Chain for the purpose of settling transactions. In order to further incentivise BMW Group consumers, the loyalty program will use a rewards system that is based on blockchain technology. In the future, BMW owners will be able to utilize their credits toward the purchase of products and services from BMW as well as from a connected environment.
What are the Roles of Microsoft Azure and Amazon Web Services in BMW Group's Blockchain Pilot?
BMW Group, a famous global premium manufacturer of motorcycles and automobiles, seeks to expand its pilot blockchain project, dubbed PartChain, to its international supply chains that are enshrined in complexity. Blockchain technology will be instrumental in propelling the traceability and transparency of crucial raw materials and parts as it will ease data sharing.