The TripBit ICO Hopes to Be the First Decentralized Travel Coin
Justin Lam — April 30, 2018 — Tech
References: bitcoinexchangeguide
Cryptocurrencies and the blockchain are already shaking up plenty of modern industries, but the TripBit ICO is hoping to be the first company to create a cryptocurrency just for travel. While companies like AirAsia have already integrated cryptocurrencies into rewards programs, the TripBit ICO is instead focusing on revolutionizing how trips are planned. By leveraging blockchain technology, this new form of cryptocurrency hopes to make purchasing flights, events and hotel easier with a decentralized travel coin.
This new payment service is set to be the first of its kind and will allow users to make purchases with TripBit token. This would allow for increased convenience while traveling and enable the booking process to be handled through blockchain platforms. The TribtBit ICO is also set to feature a secondary marketplace that will allow consumers to resell tickets and amenities that would normally be non-refundable.
Image Credit: TripBit ICO
This new payment service is set to be the first of its kind and will allow users to make purchases with TripBit token. This would allow for increased convenience while traveling and enable the booking process to be handled through blockchain platforms. The TribtBit ICO is also set to feature a secondary marketplace that will allow consumers to resell tickets and amenities that would normally be non-refundable.
Image Credit: TripBit ICO
Trend Themes
1. Decentralized Travel Coins - Creating a cryptocurrency specifically designed for travel has the potential to disrupt the travel industry by simplifying payment processes and enhancing convenience for travelers.
2. Blockchain-based Booking Platforms - Using blockchain technology for travel bookings can introduce a new level of transparency, security, and efficiency, revolutionizing how trips are planned and managed.
3. Secondary Marketplaces for Travel - Introducing a secondary marketplace for non-refundable travel tickets and amenities can disrupt the industry by providing a platform for users to resell and recoup the value of their purchases.
Industry Implications
1. Cryptocurrency - Developing travel-focused cryptocurrencies can open up new opportunities for innovation and adoption within the cryptocurrency industry.
2. Travel and Tourism - The introduction of decentralized travel coins and blockchain-based booking platforms can transform the travel and tourism industry, making it more efficient and user-friendly.
3. E-commerce and Resale - Creating secondary marketplaces for travel can disrupt the e-commerce and resale industry, providing a specialized platform for reselling non-refundable travel tickets and amenities.
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