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Momentum Protocol appoints new CEO for global expansion

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Momentum Protocol appoints new CEO for global expansion
Source: CoinZIlla

Zug, Switzerland, April 2019-Momentum Protocol announced that its board of directors has appointed Mr. David Mock as their new Chief Executive Officer. This appointment is effective as of March 1, 2019, and Mr. Kees de Vos might be moving on to an Advisory Board position.

Ariel Luedi, Chairman of the Board of Directors stated,

“During this time of transformation, there is no better person to lead Momentum Protocol to become the global leader for the blockchain loyalty reward ecosystem.”     

David Mock has in recent months already taken on a very active role in the company. In the past, he has also been a key figure in the successful procurement of capital, as well as the sales of tokens for commercial customer token buyers.

David is a proven expert with the visionary skills to lead companies into the global arena. His vision for how the blockchain industry will influence the segment of customer loyalty and rewards programs is exactly what Momentum Protocol needs as the company enters its next chapter of adoption and expansion.

David Mock said,

“I am very excited to be part of this journey and am a strong believer in the disruptive potential Momentum Protocol has. One of the first steps I took in preparation for this role is the opening of our new office in Israel.”     

Since Momentum Protocol already had multiple potential customers interested in its Protocol, the company decided on the opening of its office in Israel. This interest was in part due to the new CEO’s strong commercial connections as well as the tech affinity of Israeli companies.

Discussions with franchise chains from the food and beverage sectors and the hospitality industry are now entering their final stages in order to kick off the implementation of Momentum Protocol. This will help unlock their hidden potential and take their customer relationship management strategy to a new level.

About Momentum Protocol

Momentum Protocol enables companies to easily launch new loyalty rewards points programs or convert their existing programs onto the blockchain. This standard blockchain infrastructure allows consumers to easily exchange their reward points between various programs, providing liquidity to use their points to the maximum value.

A full API stack allows companies to unlock the hidden value of their loyalty points in their marketing and consumer-facing solutions.  It also allows them to use points, for example, to reward consumers not only when they purchase, but every time they show support for their favorite brand.

For more information visit our official webpage.

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Press Release

Are Blockchain Casinos on the rise?

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Are Blockchain Casinos on the rise?
Source: Pixabay

Over the years, the online casino industry has gone through many changes with new technology allowing for better payment methods and software on the sites. One of the newer additions to online casino sites is blockchain and sites that use this.

Here, we are going to discuss whether we think that blockchain casinos are on the rise or not. Keep reading if you’d like to find out more about these casino sites.

What Is A Blockchain Casino?

Blockchain technology is essentially a system that allows digital information not to be copied when it is being distributed. This technology originally started out as a method for Bitcoin which is a cryptocurrency and now is present in many online casinos. Blockchain was first invented in 1992 and since then it has come a long way.

A blockchain casino is a safe and secure casino that uses this special technology to pass the information on. There are many new casino sites that are already using blockchain technology but is the number of these still rising?

Why A Blockchain Casino?

You might be wondering about the advantages of blockchain casinos and why many casino operators are making the switch to this technology. The main reason for this is that there are many advantages to using this technology. Firstly, there is more transparency and trust and there is also a reduced risk of fraud.

This is something which is very important to many players at online casinos as they want to make sure that they are not passing their details onto a company that is going to sell it on.

When a casino uses blockchain technology, they can also allow players to make payments with cryptocurrencies like Bitcoin which are becoming even more popular in recent years. Of course, there are many other advantages of using a blockchain casino both for the player and the operator. For this reason, we have seen a rise in the number of blockchain casinos online right now.

Issues With Blockchain

There are some minor issues with blockchain casinos that operators are working hard to resolve as soon as possible. The fact that it is new means that there are some general infrastructure issues and the transactions can go through a lot slower than some players would like. Of course, these issues are set to be resolved sooner rather than later.

The Rise Of Blockchain Casinos

From the research done by companies interested in blockchain casinos, it is clear that these casinos are on the rise. In the first quarter of 2019 alone, there was $1 billion of TRON cryptocurrency gambled online. This is a lot of cash and it shows that players are not afraid to try out this new type of casino when it comes to spending their own cash.

Research also suggests that this income came from over 432,000 users which are a lot more people than it would have been in the past when this technology was first invented.

Of course, it is also important to note that the online casino industry is growing at the same time as the popularity of blockchain casinos. It is expected that the online casino industry will earn more than $50 billion this year which is a lot of cash.

With more people playing online in general and the technology improving so much – it is expected that blockchain casinos will become even more popular as time goes on.

Final Verdict

It is clear that blockchain casinos have been on the rise for a while now and they don’t plan on stopping any time soon. As the technology gets more advanced and players can be sure that their details are going to be kept safe, these casinos are set to become even more popular.

On top of this, online casino regulators can rely on technology when it comes to ensuring casino operators are sticking to the regulations. Look out for the rise of blockchain casinos as time goes on and more casino operators start to make the switch to this technology.

We expect more payments being allowed in Bitcoin form as well as the other cryptocurrencies that are gaining a bit of momentum right now.

Source: Buzz Engine

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