Smart Trip Platform: Blockchain-based Online Travel Platform

hasantpq01349 (18)in #blockchain • 6 years ago (edited)

The travel industry has seen a lot of changes in the last two decades. According to the Bureau of Labor Statistics, the number of full-time travel agents in the U.S. dropped from a high of 124,000 in 2000 to around 74,000 in 2014. The business model of travel agencies has changed, mostly due to the rise of online booking but also due to the popularity of telecommuting, which has rendered many business trips unnecessary. In 2016, digital travel sales in the United States amounted to 180.6 billion U.S. dollars. This figure was forecasted to exceed 213 billion U.S. dollars by 2020.

Meanwhile, the potential benefits of blockchain have generated huge interest from global financial services companies and supply chain organisations. However the travel industry has also been looking at what benefits blockchain can offer them. Here are several benefits of blockchain technology could provide:

High Transparency: The decentralised nature of the blockchain means that information can never go ‘offline’ or be lost through accidental deletion or a malicious cyber attack, ensuring transactions are always traceable.
Reliable Access: The travel industry relies upon different companies passing information between one another. For example, travel agents need to pass customer details on to flight companies and hotels, while the personal belongings of travellers are often passed between companies and tracked too. Blockchain can make accessing and storing important information easier and more reliable, because responsibility for storing it is shared across the whole network.
Secure payments: financial transactions are a vital part of the travel industry too, and blockchain technology has the capacity to not only simplify, but also secure payments. This is especially true when dealing with overseas payments. As a consequence of this, blockchain has the potential to improve the level of trust among all parties.

Introduces you to Smart Trip Platform , a new solution to the tourism problems, here tourists can get and give much more than on any other platform. This is the last point in the organization of your trip, from making up a route, to hiring a guide and searching for fellow travelers. All the above advantages of the blockchain are implemented on the platform.

Smart Trip is a blockchain-based travel ecosystem that will connect travelers to the travel services to provide the ultimate resource for organizing trips and have unforgettable memories. The platform plans to encompass the use of a decentralized structure, tokens and smart contracts to provide users with the advantages of having an instant and secure payments for their travel ventures.

Smart Trip platform offers a reliable and transparent ledger that will help reduce the fees for airlines, travel agencies and hotels by streamlining the payment and settlement system. The use of smart contracts enable a trust system where individual get a digital identity to purchase the travel services using TASH. The decentralized nature of blockchain eliminates intermediaries, with the concept allowing travelers to pay and receive the services without any monopolies. With Smart Trip platform, the travel industry stands to gain a new structure with the travelers and service providers having a peer-to-peer transaction system and their cryptocurrency.

The platform will provides several features, include in:

Important tips & Emergency help — this feature will help you if anything dodgy happens. It will be able to save your itinerary starting from a set point you choose (hotel, tour group meeting point, landmark, airport…). If your internet connection is lost, the app will remember your itinerary and guide you back to the starting point — even offline.
This section will also include contacts of emergency services nearest to you; once again, if you find yourself without Internet, you will be offered emergency contacts nearest to your last registered location. The information will include phone number and address of the nearest police station, ambulance or hospital, your insurance company, embassy or consulate; you will also be able to access important safety tips on how to behave if you find yourself in an emergency in the country where you find yourself.
Weather forecast — this feature will give you not just location-specific forecast, but also water temperature, avalanche bulletin, flood or earthquake warnings, and so on.
Currency converter will provide not just a convenient currency calculator, but also exchange rate forecasts, local money policy, tips on changing money, bank opening hours, etc.
Discovery/Country info section — here you’ll get all the basic info about the place where you find yourself: local languages (so that you can set up the translator module at once), currency (helping you tweak the settings for your virtual debit card), local customs and ethnicities, and so on. Platform will give you tips on what you shouldn’t do (so that you can avoid any cultural faux pas). All this info will keep you out of trouble that often spoils trips for unexperienced travelers.
Calendar/Events — you'll love this one! It’s a calendar of festivals, celebrations, and important dates, complete with participation rules, ticket prices, reviews, and more.

Other unique feature of Smart Trip is users can edit and compile all the information on the platform based on their real experience of travel in each destination. Users will be rewarded by rating points and token bonuses for their efforts.