Cool Cousin Aims to Be the First Blockchain P2P Travel Agency
Justin Lam — April 26, 2018 — Tech
References: coolcousin & techworm.net
The Cool Cousin travel app is positioning itself to be the first P2P travel agency through the implementation of blockchain technology. The app currently functions as a VC-backed travel platform that connects travelers with a community of locals to receive curated city guides for a more personalized experience. The platform already has over 500,000+ travelers and almost 1,000 Cousins in 70 cities.
The existing Cool Cousin platform is already quite innovative but the brand is looking to further its expansion with an implementation of a cryptocurrency named CUZ. The new token is using the Ethereum blockchain and will be used to incentivize the growth of its community of local experts. This will allow travelers to receive personalized concierge-like services from locals through a token-based, smart contract and P2P platform.
The existing Cool Cousin platform is already quite innovative but the brand is looking to further its expansion with an implementation of a cryptocurrency named CUZ. The new token is using the Ethereum blockchain and will be used to incentivize the growth of its community of local experts. This will allow travelers to receive personalized concierge-like services from locals through a token-based, smart contract and P2P platform.
Trend Themes
1. Blockchain-powered Travel - Innovative blockchain technology enables a new layer of security and transparency in the travel industry.
2. P2P Travel Agencies - A decentralized travel agency model allows for more personalized travel experiences and reduces reliance on intermediaries.
3. Cryptocurrency Incentives - Using cryptocurrency to incentivize community growth and reward local experts creates new opportunities for monetization and engagement.
Industry Implications
1. Travel & Tourism - Blockchain-powered travel services offer a new layer of security and personalization to the traditional travel experience, creating opportunities for disruption and innovation in the industry.
2. Cryptocurrency & Blockchain - The implementation of blockchain and cryptocurrency in the travel industry showcases new use cases for the technology and enables new opportunities for P2P transactions.
3. Mobile App Development - Mobile app developers can explore ways to integrate blockchain technology and cryptocurrency incentives to create new travel apps and services with added personalization and security features.
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