Blockchain Midas Touch

Blockchain: Midas Touch Strikes Again!

First, it was Turkeys at Thanksgiving. Then, came the food supply, now its Burgers!

As more and more companies are joining in the bandwagon that is Blockchain Technology, the more awareness it is creating with the many other businesses and the common man.

The latest to join in is Chanticleer Holding, which include American Burger Co. and Little Big Burger.

See Also: Can Blockchain Solve World Hunger?

They have promised to give its users, merit for mining their cryptocurrency with them.

How Does This Work?

Mobivity Mind, a Blockchain commerce platform is helping regular customers into creating a loyalty program.

Dennis Becker, CEO of Mobivity, and visionary behind the concept said, “Eating a burger is now a way to mine for cryptocoins! Every meal enjoyed at any Chanticleer Holdings brand will accrue currency for the consumer that can be used for future meals or traded with other consumers. It transforms traditional consumer rewards into something that the consumer can control.”

One more for the road.

This is not the first instance of a food chain using Blockchain Technology.

Long Island Iced Tea Corp, rose 289 percent in stock, after the unprofitable Hicksville, New York-based company rebranded itself Long Blockchain Corp. This helped its patrons have more faith in the company’s future.

Such instances are bound to rope in many other small scale industries to join in to Blockchain Technology. They won’t regret it.

Nisha Joshi

Nisha Joshi

A traveler who has eaten with Bedouins, gotten lost in mist, and walked a kilometer to get net connection. When not writing, Nisha reads tech magazines to shampoo bottle labels

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