Close Menu
AlexaBlockchain
  • News
  • Press Releases
    • Submit Press Release
  • Adoption
  • Funding
  • Interview
  • Policy
  • Explained
    • Bitcoin Halving 2024: Will it Trigger the Next Bull Run?
    • Everything You Wanted to Know About Bitcoin But Were Too Afraid To Ask
    • Cryptocurrency: what makes it so popular?
    • Top Five Crypto Scams And How To Avoid Them
    • Cloud Mining Explained
    • What are NFTs?
    • What is a Web3 Browser?
    • How To Build High Quality Crypto Backlinks
  • About
  • Advertise
  • Trending
    • #BitcoinHalving
    • #CloudMining
    • #Web3.0
    • #Metaverse
    • #NFTs
    • #PlayToEarn
    • #DeFi
    • #BlockchainTechnology
    • #Bitcoin
    • #Cryptocurrency
    • #DigitalAssets
Facebook X (Twitter) Instagram
Saturday, August 9
  • Advertise
  • Crypto PR
  • Partner
  • Submit Press Release
  • Contact Us
X (Twitter) Facebook LinkedIn Instagram
AlexaBlockchain
Banner
  • News
  • Press Releases
    • Submit Press Release
  • Adoption
  • Funding
  • Interview
  • Policy
  • Explained
    • Bitcoin Halving 2024: Will it Trigger the Next Bull Run?
    • Everything You Wanted to Know About Bitcoin But Were Too Afraid To Ask
    • Cryptocurrency: what makes it so popular?
    • Top Five Crypto Scams And How To Avoid Them
    • Cloud Mining Explained
    • What are NFTs?
    • What is a Web3 Browser?
    • How To Build High Quality Crypto Backlinks
  • About
  • Advertise
  • Trending
    • #BitcoinHalving
    • #CloudMining
    • #Web3.0
    • #Metaverse
    • #NFTs
    • #PlayToEarn
    • #DeFi
    • #BlockchainTechnology
    • #Bitcoin
    • #Cryptocurrency
    • #DigitalAssets
AlexaBlockchain
You are at:Home » Concordium and SharingClub Reinvent Customer Loyalty Programs
News

Concordium and SharingClub Reinvent Customer Loyalty Programs

The partnership will enable SharingClub to transform proprietary loyalty program points into interoperable FairShare (FASH) tokens, breaking down the barriers between loyalty schemes and allowing users to spend rewards as they wish.
Rakhi ShahBy Rakhi ShahOctober 9, 2023Updated:October 9, 2023No Comments3 Mins Read
Twitter Facebook LinkedIn Reddit Email WhatsApp
Concordium and SharingClub Reinvent Customer Loyalty Programs
Lars Seier Christensen, Chairman and Founder at Concoridum
Share
Twitter Facebook LinkedIn Pinterest Reddit Telegram Email WhatsApp

Concordium, the leading science-backed Layer 1 blockchain focusing on enhancing digital security, has made a significant stride in creating a safer and more interconnected digital world. Today, the blockchain giant announced a strategic integration with SharingClub, a Web3 platform committed to combating the rising costs of living by allowing its users to earn exclusive rewards on their everyday purchases. .

This collaboration is set to reshape the landscape of customer loyalty programs, offering consumers unprecedented flexibility in accumulating and utilizing rewards across a wide array of businesses.

Traditional customer loyalty programs often suffer from fragmentation, limiting rewards to specific brands or establishments. However, SharingClub aims to disrupt this norm by leveraging the power of Concordium’s blockchain technology.

The partnership will enable SharingClub to transform proprietary loyalty program points into interoperable FairShare (FASH) tokens, breaking down the barriers between loyalty schemes and allowing users to spend rewards as they wish.

Lars Rostock Jehl, CEO at SharingClub, emphasized the importance of customer loyalty and the need for customers to reap the benefits.

He stated, “At SharingClub, we believe that customers deserve the freedom to choose where they spend their loyalty rewards. Our interconnected platform not only attracts and retains customers effectively but also provides them with unparalleled access to exclusive deals and rewards, addressing the rising costs of living.”

The innovative approach involves redirecting a percentage of the transaction amount to SharingClub whenever a user makes a purchase through a merchant. This mechanism benefits both the user and the merchant, as they each receive a share of the transaction amount in loyalty tokens.

A portion is also allocated to the referral program for promoters. Moreover, Sharingclub.io utilizes received fiat to purchase FASH tokens from the market, stimulating demand and enhancing the token’s value.

Lars Seier Christensen, Chairman and Founder at Concordium, highlighted the significance of this partnership in advancing Concordium’s mission to address real-world challenges through blockchain technology.

He emphasized that Concordium’s blockchain, known for its superior security, sustainability, and speed, will enhance the shopping experience for users making purchases through SharingClub.

Christensen added, “This partnership showcases how blockchain can be applied to real-world scenarios, unlocking transformative potential for users and businesses. By providing users with unprecedented capabilities, we can truly appreciate the value that blockchain technology brings.”

Through Concordium’s adaptable blockchain infrastructure, the SharingClub platform can cater to businesses of all kinds, setting the stage for potential expansion into diverse markets and driving future growth.

For those eager to embrace this paradigm shift in loyalty programs and earn inflation-resistant crypto based on their loyalty, they can now start their journey with SharingClub by visiting www.sharingclub.io.

The fusion of Concordium’s expertise and SharingClub’s vision promises to revolutionize the way we view loyalty and rewards in the digital world, creating an exciting prospect for both businesses and consumers alike.

Read Also: Concordium and IMPERO Group Partner to Revolutionize Identity Management in South East Asia

Concordium Loyalty Token SharingClub
Share. Twitter Facebook LinkedIn Reddit Pinterest Tumblr Telegram Email WhatsApp
Rakhi Shah
  • Website

R Shah is a journalist and writer based out of Delhi, India. She is an Economics graduate from Delhi University. She can be reached at R.Shah@alexablockchain.com.

More AlexaBlockchain

Shardeum Revives ‘Proof of Keys’ Movement With Self-Custody Airdrop Program

August 7, 2025

MANTRA Secures $20M from Inveniam to Scale Private RWA Tokenization

August 5, 2025

Star System Labs Launches Nebula Miner, The First Permissionless Meme Coin Mining Protocol

August 2, 2025

RWA Inc. Launches the First Fully On Chain Private Investor Platform

July 30, 2025

tokenforge Introduces $TKFG Presale – Infrastructure-First, Built in Germany, Aligned With MiCAR

July 30, 2025

Amber Group Leads $10M Investment in GAIB to Accelerate Tokenized AI Compute Economy

July 29, 2025
Add A Comment

Comments are closed.

Don't Miss

Shardeum Revives ‘Proof of Keys’ Movement With Self-Custody Airdrop Program

MANTRA Secures $20M from Inveniam to Scale Private RWA Tokenization

Star System Labs Launches Nebula Miner, The First Permissionless Meme Coin Mining Protocol

RWA Inc. Launches the First Fully On Chain Private Investor Platform

Trending Topics
  • Blockchain News
  • Blockchain Technology
  • Blockchain Platforms
  • Blockchain Regulation
  • Bitcoin News
  • Ethereum News
  • Ripple News
  • Tezos News
  • CBDC
  • NFTs
Featured Companies
  • Binance
  • Tech Mahindra
  • Huobi
  • Efforce
  • Future FinTech Group
  • SuburbanColors
  • Launchpool Labs
  • Lucky Crab Club
  • SIMBA Chain
  • Bulldog Law
Stay Updated
  • Events
  • Newsletters
  • Follow
  • Follow on Google News
  • Blockchain Directory
Get In Touch
  • Crypto PR
  • Advertise
  • Partner
  • About
  • Masthead
  • Careers
  • Write for Us
  • Submit Press Release
  • Submit Guest Post
  • Contact US
Copyright © 2025. AlexaBlockchain
  • About
  • Advertise
  • Crypto PR
  • Submit Press Release
  • Write for Us
  • Careers
  • Privacy Policy
  • Affiliate Disclosure
  • Disclaimer
  • Contact

Type above and press Enter to search. Press Esc to cancel.