MTO Global increases speed to market, reduces operating costs, and enhances Customer Experience with Oracle Blockchain Platform.
MTO Global Co., Ltd. is a Korean startup company that provides an integrated Mileage-to-Opportunity (M2O) platform for users around the world to exchange their mileage or reward points earned from airlines, cards, and shopping into tokens and use them as a form of payment via blockchain technology. With the mileage market estimated at a value of US$1,780 billion within the next few years, MTO Global aims to build and attract 50 million worldwide members in the next 2 years.
To support this goal, MTO Global needed to adopt a complete, production-ready blockchain platform and enable the business to quickly develop and integrate M2O wallets and M2O coins into the various systems of alliance partners—including mileage accumulation and payment systems—before the opening of its Initial Coin Offering (ICO).
As a startup company, we had to deal with scarce resources while building our trusted market reputation. Thanks to Oracle Blockchain Platform, we not only built a revolutionary blockchain business model, but also have the confidence of potential alliance partners that MTO Global is a trusted business partner.
Senior Managing Director, MTO Global Co., Ltd.
We selected Oracle over other vendors, such as IBM and Samsung, because of its technical maturity and reputation in the market. Oracle also offered the most secure and reliable blockchain cloud service, supporting our goal to create a new paradigm of mileage and points markets for worldwide users.
Senior Managing Director, MTO Global Co., Ltd.