Circle, a global fintech company, has signed a Memorandum of Understanding with HKT, a leader in technology and telecommunications, to develop blockchain-based loyalty solutions for retail companies in Hong Kong.
Combining Circle's expertise in Web3 with HKT's ecosystem, the companies aim to create innovative tools to enhance customer engagement with retail outlets. This solution is directed at more dynamic and socially-oriented loyalty programs.
Circle’s technologies, such as programmable wallets, will allow entrepreneurs to integrate digital assets and smart contracts, simplifying blockchain adoption in business.