Abstract: A multi-party, multi-point type decentralized loyalty system and associated processes for promotion and point issuance using a permission-based distributed ledger are disclosed for promotion and point issuance across multiple point/promotion issuers and redeemers via a permission-based distributed ledger. This system allows an issuer and a set of partners to gain transparent access to both (a) the rules of the system in the form of promotions and exchange rates defined in a distributed ledger and (b) consumer accrual and redemption transactions posted to the distributed ledger, and thereby to allow the complete coalition to operate in a decentralized fashion, with quick on-boarding of new partners and transparent reconciliation of point balances between partner and issuer.