"We’ve seen in the past years the raise of new ICOs, in 2017 — according to the ICO rating website — there have been over $5 billion in ICO founding. This movement is coming from all kinds of industries, platforms like AdShares, BLOCKv and Papyrus which will disrupt the Marketing and Advertisement ecosystem, or TRON, aiming to change the entertainment business. TravelBlock sums to this movement by changing the travel industry using Blockchain technology.
Before continue reading, for those who want to know more about Blockchain and ICOs, Blockgeeks provide a clear explanation of both concepts: What is Blockchain Technology? and What is an initial Coin (ICO)?. Ready? Now let’s dig into the topic."
Blockchain in the Travel Industry
"So anyways, what does Blockchain offers in the Travel Industry? Think about the top 2 online travel agencies in USA… Done? Those agencies control the 95% of online travel market. The Global Distribution System (GDS) is a single access point for airline reservations, hotel rooms, rental cars, and other travel related services provided by travel agents, online reservation sites, and large consortiums. The top 3 GDS Companies own 99% of that market, connecting the consumers directly with service providers.
So you may ask yourself, how does that impacts the online travel industry? It’s almost impossible for small businesses to enter this market, and small hotels get charge up to 25% commissions, resulting to:
· Higher fees.
· Slower Feedback.
· Confusing overall process.
If we could find a way to integrate Blockchain technology to the online traveling industry we would be able to: Book within seconds, stop higher fees and provide a more transparent process, here is where TravelBlock enters."
Read more on our Medium blog post: https://medium.com/@info_16268/new-blockchain-travel-ico-travelblock-vacationing-through-the-blockchain-ba65c049bbbe
Welcome to the first operational platform to offer DECENTRALIZED travel! Vacation through the blockchain anytime, anywhere, wherever you want! By eliminating third-party systems, we're able to offer more affordable travels, while also becoming quite secure through the technology that our platform is based on.
Did we mention that we're also giving out FREE vacation weeks to lucky lottery winners? We'll begin that soon on this channel, so stay tuned to the upcoming videos for rules on entry. Also, anyone who invests a certain amount of ETH (ranging from 5-100+) will be eligible for larger rewards.
We're the ONLY cryptocurrency company to do such things, and as far as we know, there's no competition in our niche. We will beat everybody to market. Be a part of this EPIC paradigm shift today. If you can dream it, you can do it! 🚀
Feeling excited? Great! Join us today by visiting our website and following our social media!
Thanks for viewing! Don't forget to Resteem and Upvote if you've enjoyed this post!
https://www.TravelBlock.io/ 💰 CONTACT US : info@travelblock.io
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