Intel’s NUC Group purchased CMTL℠ (Computer Memory Test Labs, Inc.) digital currency service tokens during 2012-2017.
CMTLabs, Inc. (Currency Method Tokenizing Labs) revealed in a press release that service tokens were purchased by Intel to pay for over 450 memory and flash compatibility tests from over 30 manufacturers.
CMTLabs stated:
“CMTL’s testing and certification program was completely funded by the Intel NUC purchasing digital currency service tokens. The program and payment platform functioned flawlessly for five years and provides a great case study for applications in other large corporations and service industries”.
The Intel NUC Group started utilizing CMTL in 2012 to perform independent memory/flash drive compatibility testing on NUC platforms.
NUC TMEs (Technical Marketing Engineers) were given Intel corporate credit cards with a $5000 monthly discretionary spending limit for channel marketing needs. The TME in charge of the NUC platform discovered that the testing programme could be totally supported by purchasing CMTL service tokens.
A significant quantity of reserve tokens would accumulte in Intel’s online digital wallet if monthly purchases were made consistently. When a new NUC platform was announced, the token reserves allowed a large number of part numbers to be tested at the same time.
To purchase the same number of reserve tokens at once, an Intel purchase order and management clearance would have been necessary due to the dollar amount of the tokens. The TME was able to bypass corporate bureaucracy and the risk of not gaining management funding clearance thanks to CMTL’s service token platform.
Intel’s NUC Group’s CMTL testing programme and token purchases began in mid-April 2012 and terminated in mid-April 2017, when Intel elected to use in-house and NUC customer self-testing.