Leondrino Exchange, a private virtual currency wallet, announced that it has formed a strategic partnership with BigchainDB, a scalable blockchain database, and a software and consulting firm Tymlez, in order to build blockchain infrastructure and applications for enterprises.

According to the official release, the partnership will enable Tymlez and BigchainDB to bring their know-how in blockchain infrastructure, tooling, and applications. Leondrino will administer branded virtual currencies for enterprises to increase customer engagement.

“Customers from both the U.S. and Europe are excited to explore the capabilities of our LEX Platform to manage smart loyalty programs and to prepare for the issuance of their branded virtual currencies. We’re pleased to form a strategic partnership with BigchainDB and Tymlez. With their deep experience in blockchain infrastructure and development capacity, we can serve our clients faster,” Sandra Leonie Ritter, CEO of Leondrino Exchange said.

Leondrino Exchange supports its LEX Platform, through which an enterprise or brand can issue vouchers, loyalty points or private branded currencies. This platform will help enterprises to experiment blockchain technology and integrate with existing legacy systems. Private branded currencies through Leondrino Exchange will provide more monetary policy control over their global ecosystem. It also allows them to automate certain processes with blockchain networks and smart contracts.

There has been a growing demand among many enterprises on blockchain technology. The three companies see the distributed ledger technology as a driver to fundamentally rethink the underlying infrastructure on how businesses can be conducted.