The tourist market is a very profitable business. Large companies earn millions of dollars every year through simple mediation. They simply buy in bulk hotel bookings and airline tickets from companies, and then sell them to smaller intermediary firms, which in turn sell them to the final consumer. At the same time, for buyers it turns out as much as two levels by a commission, and the final price of the offer for reservations and tickets reaches indecent heights. But people still have to use the services of intermediaries, because there are no alternatives - hotels and carriers, such as air and railway companies, bus and automobile agencies, do not want to bother with selling their services directly, it is much more profitable for them to work with wholesalers, and you can understand. In the end, not a single large factory sells its products directly, but transports it to wholesalers, from where it already enters retail stores and only then comes to the buyer with various fees and markups.
The development team from the American company STSO DEV intends to solve this problem by using the technology of the blockchain and its own token, The Sterling Sovereign Token. They want to create a system in which the role of an intermediary will be performed not by a travel agency or a ticketing agency, with its offices and staff, but by the blockchain. Such a policy will make it possible to make the most minimal fees per commission, which will be ten times less than those existing on the market. The use of the blockchain will help fully automate the process of booking and buying tickets, so the STSO team will not have to keep a huge staff and pay them a salary - this will be the blockchain and smart contracts of the Ethereum network, and all sales and customer interactions will be carried out through mobile apps devices.
The STSO DEV team specially developed its The Sterling Sovereign Token token to be as safe and secure as possible so that in the future it could work completely autonomously and securely and did not require the service of programmers and blockchain security specialists. Actually this is what the name of this token says. At the moment, The Sterling Sovereign Token token has already been developed and the STSO DEV team is currently conducting its preliminary sale among early investors. After they collect the necessary amount of money, they will begin to develop applications through which they will buy tickets and book hotels with end users.
Principle of operation
Almost all cryptocurrencies that have been launched so far have the same function, namely, to save the amount in a digital wallet or crypto system and use it on different sites or monetize a local bank. Recently, a technical team (STSO DEV team) from the United States presented an unusual idea while working on the blockchain currency. The team has released an ERC20 token, based on the ablock chain - Sterre Sovereign Token, which will function as a centralized currency.
It is very safe, secure and fast compared to paper currencies. Tokens are designed to support the booking of hotels and flights. The team also developed applications for the same thing, which they will submit immediately after the launch of the site.
ICO main details
The token itself works on the Ethereum blockchain and has the ERC 20 standard, therefore, to ensure its security, we will not need our own miners, and it can be stored in any ERC 20 compatible wallet, or in the official STSO application.
The team working on the product
STSO is a cryptocurrency with some amazing features and applications that you will soon see on the market. In the future, the campaign will work with large companies that help communities use their application to get the most out of it.
Additional Information:
Website: https://www.sterlingsovereign.co.uk
Whitepaper: https://www.sterlingsovereign.co.uk/wp-content/uploads/2018/12/edited_white-papaer-2.pdf
Bitcointalk: https://bitcointalk.org/index.php?topic=5099207
Telegram: https://t.me/sterlingsovereign
Twitter: https://twitter.com/sterlingsovere1
Facebook: https://www.facebook.com/pg/sterlingsovereign
Author: Derkovski (https://bitcointalk.org/index.php?action=profile;u=2532827)
ETH wallet: 0x791258d60fa279f76a72E386A2aEC7A8acFc5339
