Bakkt holdings went public early this year with a blank check of $2.1 billion merger and since then their share has went upto 77%. On Monday Mastercard partner with them to get involve in crypto in order to help their customer buy and sell crypto instead of loyalty points. Read further
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Crypto is the new trend, the bad thing is that these companies try to do it by applying the same old school system.
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Crypto instead of loyalty points-- that could be a game-changer for many companies. Maybe not the airlines since people love airline miles/kilometers, but it would still be a big deal elsewhere.
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I'm now picturing a tokenised, cross airline points system that you both earn and buy.
Not sure how that would work from a logistical point of view, but it's a pretty cool concept.
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Let's extend your concept one step further and tokenize local mass transit and travel via common carrier (planes, trains, buses, ship, boats, etc.). If governments want to discourage people from using automobiles, this could be a good way to get it done; however, I don't think government would implement this properly.
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Definitely it looks likes a good concept we watch to see what become of this lead.
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