SkyBuys World is the SkyBuys global reward program for Luxury Goods and Brands in Duty Free and airline related Travel Retail. With its partners in the global travel ecosystem (airlines, airports, brands, concessionaires, travel agents and other travel retail merchants and payments cards) SkyBuys is launching a global rewards program developed on a cryptographic based utility token.

The SkyBuys World rewards program is being developed on a cryptographic based utility token built using Distributed Ledger Technology that provides a single, global solution for online-to-offline (O2O), duty free shopping and travel retail commerce experience.

SkyBuys will be the first organisation in the international travel world to have a commerce platform that touches all aspects of the travel journey and includes all groups in the ecosystem with an emphasis on online discovery though the SkyBuys App and offline purchase via a network of global concessionaires, travel retail groups and payments ca...
SkyBuys World is the SkyBuys global reward program for Luxury Goods and Brands in Duty Free and airline related Travel Retail. With its partners in the global travel ecosystem (airlines, airports, brands, concessionaires, travel agents and other travel retail merchants and payments cards) SkyBuys is launching a global rewards program developed on a cryptographic based utility token.

The SkyBuys World rewards program is being developed on a cryptographic based utility token built using Distributed Ledger Technology that provides a single, global solution for online-to-offline (O2O), duty free shopping and travel retail commerce experience.

SkyBuys will be the first organisation in the international travel world to have a commerce platform that touches all aspects of the travel journey and includes all groups in the ecosystem with an emphasis on online discovery though the SkyBuys App and offline purchase via a network of global concessionaires, travel retail groups and payments cards. The SkyBuys platform has already attracted some of the most advanced global organisations (airlines, concessionaires, travel retail groups, luxury goods and food and beverages conglomerates).

By utilising Blockchain, the SkyBuys World rewards program and the SkyBuys World Token will decentralise stored value, accumulated via a loyalty program or schemes, into a central transferable unit. In doing so, not only we offer advantages to a loyalty scheme participant (because the reward can be redeemed in multiple markets), but also to the organisation distributing the reward units, or points, via their proprietary loyalty scheme (as rewards are now redeemable globally).

Passengers will be able to use points across multiple suppliers and most importantly, our concept will also allow our airline partners to better manage the financial accounting of their frequent flyer rewards programs (removing this liability from balance sheets more efficiently).

The SkyBuys World rewards program will also offer benefits for the consumer and luxury goods marketers. Where the SkyBuys’ solution is different is that our technology platform is based on a focus at SKU (Stock Keeping Unit) level and does not just use merchant and spend level data. So where current payment card schemes can only offer rewards at a merchant level, SkyBuys - through the basis of its exclusive licence of this SKU-focused patented method - can link incentives and rewards at a product level.
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Bill Kemmery
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