Capgemini announces partnership with Ascribe for banking rewards and loyalty system

Capgemini has announced a partnership ascribe GmbH to develop a blockchain database solution built on BigchainDB.

Under the partnership, Capgemini will bring its extensive financial services, consulting and digital technology expertise in BigchainDB to design and develop a loyalty and rewards system.

“The potential of blockchain technology to enable a better customer experience is considerable and Capgemini and ascribe are excited to be part of this transformation. For loyalty rewards programmes, a blockchain-based solution could enable a real-time, localised view of data for both merchants and consumers, providing opportunities for new rewards programs for consumers as well as the potential for improved management of assets and resources for merchants.” said Sankar Krishnan, vice president, financial services, Capgemini.

Capgemini is one of the leading providers of consulting, technology and outsourcing services. ascribe GmbH is a Berlin-based startup.