Turn your Loyalty Points into Cryptocurrency
The loyalty market and the gift card market account for over USD 1 trillion in business revenue. 90% of the people in the developed world are holding at least 4 memberships each. Many people often consider the number of loyalty points trivial. Most of them do not pay enough attention to the value of loyalty points, and therefore, let their loyalty points expire. According to a recent report from Deloitte, each member represents a value of USD 4 to a merchant. So the total value is huge.
How can we maximize our benefit from our loyalty? How do we get a merchant to accept our loyalty points from other merchants?
Blockchain technology is able to help us manage loyalty points from different merchants in one digital account and to convert loyalty points from one merchant to another. We will be able to aggregate not only loyalty points but also gift cards, e-vouchers, e-coupons, in-game assets, and even cryptocurrencies in an app on a mobile device.
Applying blockchain technology with a multi-asset conversion engine, a truly open decentralized asset management platform will be available for everyone to store and swap multi-digital assets in one app with one credential. We will be able to unlock the value of our loyalty points by turning our idle points into cryptocurrencies to ensure no loyalty will be wasted. This exciting and innovative blockchain infrastructure will bring a revolution to the loyalty community. Everyone will benefit.
In this event, AAMA is proud to bring together speakers from 3 sectors — corporate, startup and tokenomics. Our speakers will discuss innovative ideas for the loyalty business, how blockchain technology disrupts the traditional business model and why tokenomics is changing finance. The start-up founder will also explain how a Hong Kong start-up can leverage its expertise in GBA to grow and how it plans to expand worldwide.
About the Speakers:
Mr. Andy Chen; CEO of Asiatop Loyalty Ltd; Advisor of DragonBite Tech Pte. Limited; Member of Association of Blockchain Development.
Andy is a serial entrepreneur with over 20 years of banking experience. Andy is holding 2 patents: one in loyalty program using blockchain and one in IoT. Andy is an expert in loyalty program. He served as General Manager in Mastercard. He was a principal in BCG. Andy received his M.Eng of Electrical Engineering from Imperial College and a certificate in Quantitative Finance from Stanford University. He is also a PhD candidate in Finance at CASS.
Mr. Mickael Costache; CEO of DragonBite Tech Pte. Limited; Regional Director of Espeo Software / Espeo Blockchain; Co-Founder and Country Manager of el Grocer.
Mickael is an experienced sales executive with a passion for technology ventures. He had a proven track record of defining new business strategies, launching new ventures and delivering operational impact, both as a regional sales director and as company co-founder.
About the Panelists:
Mr. Philip Leung; Founding President & Vice Chairman of AAMA Pearl River Delta Chapter; Co-founder and Chairman of Technology, Trade, Investment & Services Co., Ltd.
Philip is an executive in multi-national and multi-cultural business organizations, experienced to highly effective in cross-border market entry and international commerce. He has an extensive community leadership experience and international business network over his career.
Dr. Amanda Lim; A Charter Member of AAMA PRD, a Digital Economy Consultant and a Lecturer.
Being a business consultant and a project research lecturer, Amanda has valuable and reputable corporate consultancy job experience. Her consultancy and research projects are related to AI, fintech, blockchain, biotech, robotics and retail 4.0. She has published more than thirty articles and research reports related to Digital Economy. She got her Bachelor Degree of Social Sciences (Economics) from the University of Hong Kong, Master Degree of Business Administration (Finance) from the University of Manchester, PhD (Management) from Renmin University of China and Postdoctoral Certificate from Chinese Academy of Social Sciences. She got her Fintech course certificate from HKU and her Contract Law course Certificate from Harvard University. Also, she is an assistant Professor at the Industrial and Economic Institute of Chinese Academy of Social Sciences.
Dr. Kyle Wong; President of Association of Blockchain Development; Chief Operating Officer of Artifical Intelligence Hong Kong Limited.
Kyle, Ph.D., CFA and FRM, has more than 30 yr. of expereince in the financial markets. He has taken on sales and management position at Merrill Lynch, Citibank, HSBC and RBC Group in Hong Kong, Canada and Singpore. He has great knowledge in tokenomics. He was advisor to several crypto projects. From 2010-2017 He was the Chief Operating Officer of a hedge fund focusing on tech and value stocks in the Greater China area. The fund strategy employed an activist approach and had generated excellent return in his tenure. He will bring his expertise in identifying macro trends, valuation and due diligence to the Great Meta Fund and other crypto projects. Kyle received his Ph.D. in Applied Physics from Cornell University.