Komcore Launches New Bytecent Rewards Network Powered by Blockchain Technology

Bytecent is the world's 1st peer-to-peer rewards network that takes advantage of blockchain technology, and the only rewards network to offer instant cash rewards.

Mar 09, 2016, 07:00 ET from Komcore Corporation

NEW YORK, March 9, 2016 /PRNewswire/ -- Bytecent, an innovative platform that lets consumers earn rewards in a variety of ways, has reinvented cash rewards. Bytecent took all the qualities of traditional rewards programs and combined them with the speed, flexibility, and security of blockchain technology. The end result is a powerful rewards platform that allows companies to create compelling rewards applications.

There are several ways to start earning Bytecent rewards. Any user can install the free Bytecent software on their Windows compatible PC, and use the power of their CPU to assist with maintaining the Bytecent network. In exchange for their contribution to the network, they will be periodically rewarded with Bytecent. Anyone can earn Bytecent in this way, and doing so does not require any investment in infrastructure or special hardware. If running the Bytecent software is not an option, consumers can still earn Bytecent by performing various tasks - such as installing apps or shopping at Bytecent-enabled websites. Bytecent transforms these everyday tasks into fun activities, and rewards the end-user with cash. With more websites and services joining the Bytecent network, there are increasing opportunities to join in on the action and earn rewards.

In addition to earning rewards, users can convert their Bytecent into cash and gift cards. Unlike other rewards programs, Bytecent can also be traded on the popular Bittrex trading platform, for other digital currencies like Bitcoin. Best of all, Bytecent never expire and there are no limitations on the amount of Bytecent that can be accumulated or spent.

The launch of the Bytecent rewards network has the potential to do what no other digital currency has done, which is to bridge the gap between blockchain enthusiasts and mainstream consumers. A successful integration of those two demographics promises to significantly fuel the Bytecent adoption rate. That would make Bytecent extremely popular, while simultaneously presenting an extraordinary opportunity for both consumers and companies to capitalize on any rise in Bytecent value triggered by accelerated demand.

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SOURCE Komcore Corporation