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Amaten has been exchanging gift cards for more than 12 years, such as Amazon, Google and Apple, with sales of US$ 110 million per year, accounting for 75% of the market share in Japan. And now the project is developing a new type of blockchain-based gift card and a TEMPORARY rewards program for the last 3 years. This is due to the fact that in conventional gift card systems there are problems such as fraud, errors, exchange rate changes, as well as high management and maintenance costs.
This new product will solve these problems, and as soon as the system is launched in the 4th quarter of 2021, the Amaten blockchain solution will be used by the 500+ hotel chain, and AMA will be used exclusively as a service token in the ecosystem. The project is also ready to expand the airline loyalty program.