News from the Wire

Referral Foundation's ReferralCoin supports blockchain technology

Wednesday, December 07, 2016 — 13:06:30 (EST)

London, Dec. 7, 2016 -- Referral marketing is one of the oldest forms of marketing involving word-of-mouth promotion where the promoter is incentivised for bringing more people on board. Referral Foundation is on a mission to upgrade the industry by introducing it to blockchain technology. It also provides early insights into the adoption of digital currency and its impact on the referral marketing industry.

A neutral and independent entity, Referral Foundation is the creator of ReferralCoin, the first decentralized digital token targeted towards the multi-billion dollar referral economy. ReferralCoin is designed to meet the challenges and requirements of the rapidly expanding referral economy that has transformed since the spread of social media. With the use of blockchain technology, Referral Foundation presents dedicated solutions to create opportunities and benefits for network marketing and affiliate sales.

The ease of transactions and transparency associated with cryptocurrency technology is being leveraged by Referral Foundation to further accelerate the market growth. The ReferralCoin based payments system is ideal for satisfying the needs of complex payment structures implemented in network and referral based marketing setups.

The industry and cryptocurrency community members can join Referral Foundation as vendors, developers, publishers or sponsors. Referral Foundation welcomes new members to join its growing community to be part of the imminent revolution by involving themselves in Awareness, Networking activities, and other Projects.

About Referral Foundation

The London-based cryptocurrency startup, Referral Foundation is introducing cryptocurrency and blockchain technology to the referral marketing economics. The platform is involved in educating the industry on the potential of digital currency.

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Source: Company press release.