Innovation For Traveling On Blockchain
Booking travel in the US has been basically dominated by two major companies, Expedia and Priceline (who own all the other major sites). But Blockchain technology is about to change all that through a new non-profit system offered by TravelChain . The company has announced that it will provide users a methodology for booking travel that will bypass the current travel monopoly in the US. The concept is to use Blockchain to incentivize its users for posting feedback on travel using TravelTokens, the internal cryptocurrency for the system. The announcement was followed by the presentation of the platform to the participants at BlockShow Asia this year. The team has coined the term ‘travelution’ - a revolution in the way travel takes place. The announcement was a statement on the platform, and the many ways that it will change how travel and rewards are earned and distributed. “Amazing event, best we have ever participated in...