"Consider Alice. When she purchased an airline ticket with a credit card, the airline and credit card provider could immediately transfer loyalty tokens to her digital wallet. During her trip, she could access the loyalty points and redeem them with another network participant such as a large hotel. She could also make micropurchases—a cup of coffee, for instance—along the way. The transactions would be instantaneous and secure, there would be only one user interface, and Alice could use the accumulated points in the manner she chose."
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