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⍰ ASK How did blockchain-based rewards programs enter the realm of electronic payments in the United States?

Using blockchain for rewards programs brought a cool twist to how we do electronic payments. Blockchain tech made it decentralized and clear for keeping track of and giving out rewards. Loyalty points or tokens could stay safe on a blockchain, making a secure record of what users earned.

These blockchain-based rewards programs made it easy for users to use rewards at different stores and platforms in the same system. Smart contracts helped give out rewards automatically and securely based on set rules.

As more people got into digital payments, adding blockchain-based rewards to electronic payment systems just made sense. Companies saw the chance to make customers more loyal and engaged by using blockchain's clear and traceable rewards.
 

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