BLOCKCHAIN HOTEL BOOKING PLATFORM
Hello guy, today I will be talking about something unique that I find during my article review. Today will be about the Next-Gen solution for Online Hotel Booking that will be based on Blockchain. So let’s know what blockchain is and what they do.
The blockchain is an undisruptive system, originally a list of growing records, an openly distributed ledger, and resistant to modification of data. Typically, blockchain can be a peer-to-peer network that has the capability to adhere to a protocol, thus for inter-node validating and communication new blocks.
Blockchain has gained popularity in the past few years of existence. We could say that it's one of the top system invented in 2008 by Satoshi Nakamoto which basically, serves as the public transaction ledger of cryptocurrency bitcoin. The blockchain is an important system but I want to talk about what is in the market now. I present to you GOeureka.
THE PLATFORM
GOeureka is a platform that based on blockchain that provides efficiency and affordability for customers and hotels to transact with each other in the platform, thus eliminating all commissions to online travel agencies (OTAs) which has totally decrease hotel margin and to increase customer prices.
Talking about the OTAs, these are agencies that demonstrate the value of new technologies so as to disrupt existing industries. However, they have individual hotel advantage which means they can offer customers low price demands and so on. You won’t believe that currently OTAs are generating more income than any other time and have had an impact on the hotel industry.
Basically, there are two most powerful OTAs in the world currently and by statistics, it is said that they will control 94% of online hotel bookings by 2020.
OVERVIEW
The platform is providing a commission-free on online booking platform based on technology for hotels. Blockchain technology will be one of the major transformations on loyalty program and will be delivering many values to all consumers. Having a mobile application that operates in Android and IOS means that customers can access the platform by anyone and from anywhere on the go. The platform allows hotels to list rooms at lower prices. What an advantage for hotel managers as they can be using the platform to manage their own revenue stream, while consumers will be rewarded for the features implemented on the platform.
Any payment made, the platform will take 5% charges for any transaction carried out with credit cards and cryptocurrency. While the platform token used to make transaction will not be charged any fee. Thus, this enhances the interest of token holders in the platform.
HOW IT WORKS
So basically, customers make a search on the platform for the nearest hotel available to stay. Then, the information of the hotel, services, and the booking rates will all be displayed. What else when you have a re-booking feature and a loyalty program that is all available to customers.
Hotels have their systems update every time on the platform for customers to ensure new services. Re-book feature is allowed on the platform which allows existing customers to book at no cost so, you can have a lower rate on at the nearest hotel possible.
Lastly, customers will receive a notification when a price drops and quickly changes are made on the user's account.
FEATURES
The platforms feature a token called GO Token. The token is a virtual or digital token that can be used to purchase hotel services, room nights and any other essential payment that will be made on the platform. The token can be traded on an exchange or be spent on the platform. Blockchain and smart contracts will all be used on the platform for security and other top features that will enhance customer’s satisfaction.
FINAL THOUGHT
I would say that this is the best opportunity in the market and is the first platform on hotel bookings and other that is actually on blockchain technology. This is the best time, the future is indeed bright.
For more details, visit the links below. Thanks.
BitcoinTalk Username: kelvinkent
https://goeureka.io/
https://goeureka.io/static/files/GOeureka-rev.pdf
Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profile;u=2313436
The blockchain is an undisruptive system, originally a list of growing records, an openly distributed ledger, and resistant to modification of data. Typically, blockchain can be a peer-to-peer network that has the capability to adhere to a protocol, thus for inter-node validating and communication new blocks.
Blockchain has gained popularity in the past few years of existence. We could say that it's one of the top system invented in 2008 by Satoshi Nakamoto which basically, serves as the public transaction ledger of cryptocurrency bitcoin. The blockchain is an important system but I want to talk about what is in the market now. I present to you GOeureka.
THE PLATFORM
GOeureka is a platform that based on blockchain that provides efficiency and affordability for customers and hotels to transact with each other in the platform, thus eliminating all commissions to online travel agencies (OTAs) which has totally decrease hotel margin and to increase customer prices.
Talking about the OTAs, these are agencies that demonstrate the value of new technologies so as to disrupt existing industries. However, they have individual hotel advantage which means they can offer customers low price demands and so on. You won’t believe that currently OTAs are generating more income than any other time and have had an impact on the hotel industry.
Basically, there are two most powerful OTAs in the world currently and by statistics, it is said that they will control 94% of online hotel bookings by 2020.
OVERVIEW
The platform is providing a commission-free on online booking platform based on technology for hotels. Blockchain technology will be one of the major transformations on loyalty program and will be delivering many values to all consumers. Having a mobile application that operates in Android and IOS means that customers can access the platform by anyone and from anywhere on the go. The platform allows hotels to list rooms at lower prices. What an advantage for hotel managers as they can be using the platform to manage their own revenue stream, while consumers will be rewarded for the features implemented on the platform.
Any payment made, the platform will take 5% charges for any transaction carried out with credit cards and cryptocurrency. While the platform token used to make transaction will not be charged any fee. Thus, this enhances the interest of token holders in the platform.
HOW IT WORKS
So basically, customers make a search on the platform for the nearest hotel available to stay. Then, the information of the hotel, services, and the booking rates will all be displayed. What else when you have a re-booking feature and a loyalty program that is all available to customers.
Hotels have their systems update every time on the platform for customers to ensure new services. Re-book feature is allowed on the platform which allows existing customers to book at no cost so, you can have a lower rate on at the nearest hotel possible.
Lastly, customers will receive a notification when a price drops and quickly changes are made on the user's account.
FEATURES
The platforms feature a token called GO Token. The token is a virtual or digital token that can be used to purchase hotel services, room nights and any other essential payment that will be made on the platform. The token can be traded on an exchange or be spent on the platform. Blockchain and smart contracts will all be used on the platform for security and other top features that will enhance customer’s satisfaction.
FINAL THOUGHT
I would say that this is the best opportunity in the market and is the first platform on hotel bookings and other that is actually on blockchain technology. This is the best time, the future is indeed bright.
For more details, visit the links below. Thanks.
BitcoinTalk Username: kelvinkent
https://goeureka.io/
https://goeureka.io/static/files/GOeureka-rev.pdf
Bitcointalk profile URL: https://bitcointalk.org/index.php?action=profile;u=2313436
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