Loyalty points and credit note are managed and accepted by the business. There are two important distinctive features of the token system from loyalty points and credit note:
1. Token transactions are recorded in a decentralised system. Instead of managing the loyalty points and credit note system, the business owner does not need to keep the record of token transactions. The decentralised ledger system will keep the record permanently with minimal management cost to the business.
2. The token is easier to be traded. Compared to credit note and loyalty points, tokens can be listed on a marketplace(exchange platform) where collects all the buy orders and sell orders. Unused tokens can be exchanged to Australian Dollar and other currencies, the marketability of tokens improves the system efficiency and benefits stakeholders overall.