Circle Teams Up with HKT to Cooperate in Blockchain Tech Solutions

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Circle and HKT, a leading telecommunications provider in Hong Kong, have announced a Memorandum of Understanding to explore potential partnerships using blockchain technology.

The aim is to develop a customer loyalty solution for merchants in the region. According to the statement released on Tuesday, the collaboration seeks to utilize blockchain technology to enhance consumers’ discovery and engagement with merchants through customer loyalty services.

Circle’s Web3 products, such as programmable wallets, are designed to assist businesses in using digital assets and smart contracts in their existing consumer and enterprise applications.

HKT Digital Ventures CEO Monita Leung stated that together, the two companies hope to deliver unique loyalty solutions that enable merchants in Hong Kong to establish stronger connections with their customers.