GOEUREKA presents the hotel booking platform Blockchain
GOeureka is a traveling technology firm that uses blockchain technology to create a hotel reservation platform. The GOeureka (GO) program leverages blockchain technology to put itself as an impartial and transparent technology spouse for resorts, transforming traditional loyalty devices and delivering increasing benefit to all or any hotels and their clientele. GO aims to make a new symbiosis where hotels keep control of their company while unlocking an unprecedented worth for consumers on the platform.GO's vision for future years of the travel sector can be an online support ecosystem where all corporations can thrive and gain by giving the best services or products to travelers.
The booking engine may also allow users to earn cryptocurrency tokens (Go Tokens issued by GoEureka) for online bookings made on the platform that may then be utilized for future bookings on the GoEureka portal. “Think about getting Tokens as loyalty items which users can utilize to unlock a variety of rewards across our platform. Among the distinctions between our tokens and traditional loyalty, tips are that Head out Tokens may also have monetary worth because they can be exchanged on cryptocurrency exchanges. With that said, the essential benefit of our tokens is certainly its utility across our program” explained Manraj Rai, GoEureka’s founder, and CEO. GoEureka also strategies to permit booking payments through classic methods such as bank cards and other kinds of cryptocurrency.
Company’s goal :
The company’s goal is to provide greater transparency in the booking process and get better value for the buyer by allowing users to transact directly with accommodations through smart contracts. Different features the business plans to release is undoubtedly to facilitate interoperability of resort loyalty things and a rebooking program that will deliver the complete room fee for travelers. “We've recognized a simple issue with the existing ecosystem where resorts and OTA’s operate in isolated conditions. For example, the current user who literature on a third-get together portal generally does not have the benefits associated with hotel loyalty rewards.
Furthermore, to reward our users with Choose Tokens, everyone who literature through the GoEureka system will also gain loyalty points straight from the resort” stated Tej Bhuller, COO of GoEureka.GoEureka will get rid of the current commission unit adopted by online travel companies and do the job on a more expense effective fixed cost model with their resort partners. This will reduce the costs that accommodations incur whenever a booking is manufactured through an authorized booking engine. Rai commented, “We aren't your typical OTA. We aren't an OTA at all.
Our concentration is to work together with the accommodations as a technology spouse to provide personalized solutions which will benefit both hotel and consumers”.After a round of proper seed funding, GoEureka has put in the last 12 several months focusing on a beta version of their program, consulting blockchain specialists on the token model and having everything in place for his or her initial coin offering. GoEureka will end up being launching an ICO in mid-2018 and Choose Tokens will be produced available to the general public. Users who acquire these tokens can utilize them on the GoEureka reserving program when it launches. The cash brought up from the ICO will be used for a multi-territory advertising campaign and complete production of their program and put together it for a start to the public.
Future of the industry:
The growth of online travel agencies is an ideal example of what sort of current technology can disrupt the general industry. These online organizations have an enormous advantage over traditional accommodations, as they will offer consumers low rates and more opportunities. On the other hand, this is not entirely rosy for the web travel agency; The first hotel sector is slowly but surely introducing online technology. Nevertheless, these hotels remain lagging behind. They have to work faster. In any other case, intermediaries who hook up them with customers can start earning a lot more than they.
The GOeureka workforce thinks that they could have found a thing that gives the hotel an edge over the firms. To get this done, they decided to extend their existing loyalty courses with blockchain technology. The purpose of the GO job is by using a blockchain to make a symbiotic relationship between accommodations and clients. Shelters will maintain control over their manufacturer, while buyers will receive more worth at the same selling price.
Official links for more details,
Website: https://goeureka.io
Telegram: https://t.me/goeureka
Whitepaper: https://goeureka.io/#download
Medium: https://medium.com/@social_23833
Facebook: https://www.facebook.com/GoEurekaTravel
Twitter: https://twitter.com/goeurekatravel
LinkedIn: https://www.linkedin.com/company/goeurekatrave
Instagram: https://www.instagram.com/goeurekatravel
Bitcointalk Thread: https://bitcointalk.org/index.php?topic=4978912.0
Youtube: https://www.youtube.com/channel/UCreMaKqzzcCmo3sNg3X2hsQ
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