Liven, An Australian Blockchain Based App Launches On NEM Blockchain To Serve Dinner Rewards
Liven is a dinner rewards-based payment app that enables its users a simple way to cash in using the LivenCoin (LVN). The Australian based platform chose to launch on the NEM blockchain, as the platform is efficient and designed and coded from the ground up for scale and speed. Furthermore, NEM is rapidly gaining trace through Australians, the major target market for the Liven platform.
The decentralized application (dApp) offers its users a chance to have their pick across over 1000 restaurants across the country to pay using the LVN token via the LivenPay payment network.
NEM Blockchain Offers A Perfect Match For Liven
NEM has long been known for its team’s dedication to assist the new applications launched on its blockchain. It will be no different this time as NEM will provide Liven the necessary technical assistance, guidance and support. Further communication on more features to be added will be announced soon. Additionally NEM.io Foundation plans to place the XEM cryptocurrency as the first crypto pairing with LVN token.
This will enable access to payments with XEM at hundreds of outlets in Australia and also utilize the NEM blockchain Apostille function, which is a timestamp on the NEM public blockchain. The Liven wallet will also be built on the NEM blockchain.
On the launch of Liven blockchain on the NEM blockchain, the co-founder of Liven, William Wong showed delight as the integration with NEM will help the company reach its target market in Australia and New Zealand. Liven aims to build a world class platform with efficient blockchain capabilities to starting in Australia as they target global adoption in the future. He continued saying,
“From there, we’ll look to diversify into other verticals such as travel, lifestyle services, and retail. We are also glad to have Lon Wong, Founding President of NEM.io Foundation and now CEO of ProximaX as part of our advisory team, which will add tremendous value to taking things to the next level.”
The Liven development team and the Nem.io Foundation will work hand in hand in ensuring the Liven platform is integrated on the NEM blockchain. The users of the Liven platform will use NEM’s Apostille function which will be used to notarize analytics provided to merchants to ensure transparency and integrity in Liven’s back-end reporting ecosystem. The timestamp function on the NEM blockchain will allow these merchants to receive data on the platform in terms of immutable reports available to them assisting them in making better investment decisions.
On his take on the launch of Liven app, the Expansion Director for Australia and New Zealand for NEM.io Foundation, Jason Lee spoke of the imminent strengthening of the partnership between the two companies, Liven and NEM blockchain. The partnership will mutually benefit both parties as Jason said,
“First, allowing XEM to be paired with LVN through its platform would enable our community to interact with Liven’s ecosystem. Second, Liven using the NEM blockchain is proof that there is area to develop real-world use cases to support business growth, especially in making better business decisions. We are already exploring other opportunities to integrate NEM blockchain technologies with Liven and will look forward to working with them continuously.”
About NEM Blockchain
NEM platform is a blockchain dedicated to digitizing the assets in the world today on a secure blockchain. The permissioned private blockchain delivers industry-leading transaction rates for internal ledgers. Furthermore, NEM’s governance system is run through a revolutionary consensus system ensuring transparency, and scalability at a high throughput.
Liven platform was founded in 2014 with the platform offering rewards for frequent dinner goers which will be received in LivenCash. The founders and siblings, William and Grace Wong opened the dinner rewards app together with engineering Ph.D. David Ballerini and has seen massive growth in the last few years. Over AUD$11.5 million in traditional capital was raised for the decentralized platform. The team at Liven are focusing on increasing the point of sales infrastructure across stores in the world.