Hi readers, today, i want to introduce the transformation of toorcoin and toorister in travelling industry with the use of blockchain.
Toorcoin addresses the first travel dilemma around budgeting by facilitating payments on Toorister with near instant payment transactions and ridding users of insurmountable international transaction fees.
In our modern community, technology is developing at lightning speed. We are so used to it that we do not even think about it and very often do not know the principle of their work. We just got used to that way. This is so powerful technology that a person can at any time find out where he is or some object just having a smartphone and the Internet.
Even in the current fast-growing society, the ability to track anything with a margin of several meters is a stunning concept. Traditionally, these systems have been entrusted to centralized organizations, and this is true, But the organization of work in this way also has its drawbacks.
However, using the technology of blockchain, many problems in the use of travel concepts can be solved. These problems can be solved by a project called TOORCOIN and TOORISTER.
Toorcoin and Toorister technology allow the global network to bring some passive revenue to the owners of routers, as well as ensure the economic efficiency. Toorcoin is an ERC20 token. Its usage is governed by a smart contract.
With the help of the modern decentralized blockchain system and the world-wide network of terrestrial location data devices, the Toor traveling Network project is planning to revolutionalize the concept of travelling usage around the world!
Using a series of cryptographic protocols that can provide security levels in the data networks of the current location, Toor can create a global decentralized ecosystem and ride users of insurmountable international transaction fees.
Toorister is meant to be a travel website providing amazing travel itineraries and a booking platform for top travel destinations of which Controllers or data collectors receive position information using sensors and radio stations.
Then the data is transmitted through bridges that will ensure the security of the ecosystem through the module(Proof of Origin)".
Bridges receive this data from data collectors and transfer it to archivists. Then archivists will store this data in a decentralized book, which stores all the historical data. Of course, these publicly distributed books are protected from unauthorized access, as they are based on blockchain technology.
On the practical end of things, Toorcoin and Toorister is a platform with immense potential for use in various spheres of life and business, mostly on travelling agency. Some of its potential use cases include:
Governance: This is a platform that has the ability to create absolutely immutable ledger records that no entity has the ability to tamper with. This is a key feature that can come in handy in entrenching the spirit of travelling and in ensuring the will of the people ultimately matters around the world.
Internet Archives: Though there are internet archives today, most are limited in their scope and are often very prone to doctoring, which violates the very idea, to begin with. Toorcoin with its groundbreaking activities blockchain has the necessary firepower to enable the creation of vastly powerful archives that once created cannot be changed or censored.
Decentralized Cloud Storage: Among the biggest tech sub industries today is that of Cloud Computing. This service in the past one and a half decade has exploded in prominence and now plays a central role in the delivery of Internet-based services and solutions.
However, with the imminent dawn of the world with billions of people travelling to and from and communicating autonomously between themselves, the present cloud computing infrastructures are grossly underequipped to handle the spike in demand.
For more information
Twitter Account: https://twitter.com/toorcoin
Telegram Group: https://t.me/toorcoin
BitcoinTalk Announcement: https://bitcointalk.org/index.php?topic=3478302.0
Github: https://github.com/toorister/toorcoin
Reddit: https://www.reddit.com/r/Toorcoin/
Website: https://www.toorcoin.com
Medium: https://medium.com/toorcoin
Youtube Videos: https://www.youtube.com/channel/UCYjYlMqYT9UnHgrkqdGhsjQ
White-paper: https://toorcoin.com/Toorcoin_Whitepaper.pdf
Lite-paper: https://toorcoin.com/Toorcoin_Litepaper.pdf
Explainer Video:
Bounty0x username: humblemee
