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BlockSocial Technologies Inc. Receives Patent Pending Status for RewardSocial™ AI Based Social Earning and Engagement System Powered by the Blockchain

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BlockSocial Technologies Inc. Receives Patent Pending Status for RewardSocial™ AI Based Social Earning and Engagement System Powered by the Blockchain

October 12
18:35 2021
BlockSocial Technologies Inc. has received an official patent pending status by the U.S. Patent and Trademark Office for its RewardSocial™ AI social earning and engagement system. Utilizing blockchain technology, RewardSocial™ will provide social media users with rewards—such as fiat, gift cards, tokens, coins, and NFTs—in exchange for generating online conversations around the brands, products, and causes they believe in.

BlockSocial Technologies Inc. Receives Patent Pending Status for RewardSocial™ AI Based Social Earning and Engagement System Powered by the Blockchain

DALLAS, TX – BlockSocial Technologies Inc. has received official patent pending status by the U.S. Patent and Trademark Office for its RewardSocial™ AI social earning and engagement system. Utilizing blockchain technology, RewardSocial™ will provide social media users with rewards in exchange for supporting the brands, products, and causes they believe in. 

With more than 4.4 billion global social media users, RewardSocial™ will provide individuals with a first-of-its-kind opportunity to leverage their influence to earn a variety of digital assets such as fiat, giftcards, tokens, coins, and NFTs. Using artificial intelligence, RewardSocial™ will provide users with rewards proportional to volume of conversation they generate around a specific product, brand, individual, or social cause. Rewards will be automatically deposited into a user’s digital asset wallet on the blockchain where they can be stored, swapped for other digital assets, or converted into traditional fiat currencies. 

To jump-start the RewardSocial™ ecosystem, BlockSocial Technologies will issue its first social earning and engagement rewards in $BSL, a digital asset already traded on the Ethereum and Binance Smart Chain blockchains, as well as on numerous centralized cryptocurrency exchanges. $BSL is the native token of BankSocial™, an evolutionary FinTech and blockchain platform, that provides users with a variety of blockchain-based financial tools and a location to store their digital assets. 

BlockSocial Technologies Inc. CEO John Wingate stated “our patent pending status underpins our commitment to changing the future of FinTech by utilizing the ever expanding potential of blockchain technology. As brands and companies rely more and more on social media to tell their stories, it only makes sense that there’s an associated reward system for loyal patrons—much the same that brick and mortar stores offer rewards and incentives to physical customers and loyal supporters.”

In addition to RewardSocial™, BlockSocial Technologies Inc. is developing a suite of financial tools and services that will revolutionize the way the blockchain is used in every-day life for businesses and consumers. Following receipt of its official patent, BlockSocial Technologies Inc. will begin the rollout of RewardSocial™ in-tandem with some of the most trusted names in FinTech and blockchain technologies. 

BlockSocial Technologies Inc. is a leading digital financial services company with offices around the globe. To learn more about BlockSocial Technologies Inc. or BankSocial™, please visit BankSocial.io

Media Contact
Company Name: BlockSocial Technologies Inc
Contact Person: Alireza Dehghan
Email: Send Email
Country: United States
Website: https://BankSocial.io

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