Circle partners with Hong Kong Telecom (HKT) on customer loyalty program, integrating blockchain wallet app.

The issuer of the digital dollar USDC, Circle, recently announced a memorandum of understanding (MOU) with Hong Kong Telecom HKT on 10/29 to explore customer loyalty solutions in Hong Kong. The collaboration aims to leverage blockchain technology to enhance customer loyalty services and strengthen interaction experiences with merchants. Source

Circle Offers Web3 Services, HKT Enhances User Engagement

Circle will provide support for Web3 services and enhance the security of blockchain applications, including core features such as "programmable wallets" that allow merchants to easily integrate digital assets and smart contracts into existing applications, providing users with a novel interactive experience.

Meanwhile, HKT will leverage its extensive merchant network in Hong Kong and its experience in promoting customer interaction and engagement to assist Circle in smoothly implementing loyalty programs and integrating them into the Hong Kong merchant ecosystem.

Circle's Programmable Wallet Supports DeFi to E-commerce

The programmable wallet introduced by Circle bridges the complexity of private key security, blockchain node operations, transaction management, cross-chain interoperability, and more through abstraction. This enables developers to integrate encrypted wallets into various applications, quickly and easily use features such as cryptocurrencies and smart contracts, and provide dedicated secure wallet settings for different application scenarios, such as DeFi, gaming, or e-commerce. Below are the highlighted features of Circle's programmable wallet.

• User-Controlled Wallet: Users can initiate transactions and have full control over asset usage.
• Developer-Controlled Wallet: Developers can manage assets on behalf of users, suitable for services like loyalty points or cryptocurrencies.
• REST API and SDK Support: Provides a variety of APIs and iOS/Android SDKs to help developers accelerate development and customize wallet interfaces.
• Real-Time Transaction Updates with Webhooks: Notifies transaction statuses in real-time, enhancing user interaction experience.
• MPC Encryption Protection: All wallets are built with MPC encryption technology managed by Circle.
• Cross-Chain Compatibility: Supports multiple blockchains such as Ethereum, Polygon, and Avalanche, with plans to support more chains in the future.
• Flexible Billing Model: Charges based on the number of active wallets, decreasing unit price as usage grows, and offering incentives for USDC usage.