The benefits of blockchain can often seem slightly intangible - terms like 'distributed ledgers', 'permissionless networks' and 'smart contracts' don't speak to people on an everyday level. So it's refreshing to see a blockchain service that could help you buy your morning coffee.
We've heard a lot about how financial institutions are getting excited about blockchain, but the promise of blockchain that's 'as simple as e-mail' could open up the technology in a more palpable (and tastier) way.
For example, a cafe owner could sign up for ANX’s blockchain service and issue reward points. Customers can sign up for an account and every time they buy coffee, they can scan a QR code on their phone and receive points that can be exchanged in the future for free coffee. By doing so, the proprietor can track the points and exchange them at any time, knowing that they are legitimate.