<ul><li>Blackbird Labs has raised $50 million for its blockchain-based payment-loyalty app for restaurants.</li><li>The company plans to launch a cross-restaurant 'points' service called Blackbird Club and expand into new markets.</li><li>Leading the funding round is Spark Capital, with participation from Coinbase Ventures, Amex Ventures, and Andreessen Horowitz.</li><li>Blackbird's Flynet payment service utilizes blockchain technology and aims to improve the profitability of restaurants by reducing payment processing fees.</li></ul>

Blackbird gobbles up $50M for its blockchain-based payment-loyalty app for restaurants

Discover more