Mileage to Opportunity: Technologies behind M2O

Technology enables great business ideas and makes them a reality. The idea of carpooling and giving rides to passengers was hardly anything new, yet it was the development of a marketplace with visual interface and the release of an app that catapulted Uber into one of the most popular app services nowadays.

The main objective of the M2O structure is to find a way to exchange information between all participants — from the mileage and points issuers to the M2O platform and its users. This important process also includes converting loyalty points to M2O coins.

Oracle BCS allows businesses to securely and reliably extend their processes and accelerate B2B transactions. This is key for our project. Building M2O on such platform means it would give it the type of support and features considered important for a company such as the ability to protect customer privacy and data at all times.

The Oracle BCS platform runs on the business private ledger known as Hyperledger Fabric, an open-source project governed by Linux foundation, which makes it accessible from cloud and on-prem applications via REST APIs and Hyperledger SDKs. This means it will allow for automatic communication of business processes. Some examples are updating a user’s points and even helping with immediate conversions to M2O coins. Completely automatic and effortless for our users. This is all meant to give our users the option to spend their earned rewards as soon as they want.

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