Travelling is a very special event and activity in people’s life. Everybody travels for one reason or the other. While some travel for moneymaking and governmental functions, some take a trip for relaxation and leisure. Traveling goes beyond just fun and leisureliness to real life experiences and places that makes the entire voyage exciting, exhilarating and electrifying. Research has revealed that people take tours, go to exhibitions and visit sites for different reasons and at different times. It therefore implies that for whatsoever reason one is traveling for, the overall truth is anchored on the fact that the journeyer needs comfort, convenience and accessibility to features and places that strikes the travelers interest and specification(s). Travelers are however looking for the best of ways to have effortlessness and unlimited opportunities to explore the benefits of the trip.
Among other challenges facing the tourism and hospitality industry is booking of hotel rooms, accommodation and real estate deals between the travelers and the landlords. This is affix to the fact that the industry is too centralized and does not support the 21st century traveler’s need, thus booking and it paraphernalia has hitherto been a very serious challenge confronting the industry. As a traveler, I have shared similar experiences and challenges, but when I discovered https://lockchain.co/, a decentralized platform that is working to tackle the challenges of hotel booking, accommodation issues and real estate deals, my mentality changed onwards.
Lockchain is decentralized open source booking ecosystem for renting hotel rooms, private properties or accommodation called the decentralized LOC Ledger. The platform will be the first to create an avenue where hoteliers and customers will meet to transact and seal deals without any intermediary or commissions. The essence is to create a common front where people can interrelate with each other without limitations vis-à-vis hospitality bookings and accommodating negotiations. The platform will be beneficial to the property owner’s, customers and the general public as it creates a common marketplace for the best listing in terms of real estate and will ensure the process is fair, all-encompassing and people-oriented. The crypto currency was employed because it creates a picture-perfect of a decentralized avenue where the hitherto limitation of middlemen and intermediaries as compared to other centralized platforms is eliminated. The platform employs the decentralized LOC ledger as a mechanism that regulates all transactions and relationship between the hotels/property providers and the clients. To give a sketchy illustration of the concept of the Lockchain platform, the pictures below gives a clue.
The image below gives an illustration of the decentralized LOC Booking Ledger which extends to all participants of the platform and will give an avenue for interexchange at the short run without rigorous processes.
This illustration is to further expand on the concept. The platform is built around creative and future-thinking entrepreneurs and technologists.
To add nudge to the structure of the platform which is of course very flexible, the illustration above shows the project architecture and overview structure of the platform vis-à-vis reaching outlined objectives. To get a better view of this illustration download ‘White Paper’ athttps://lockchain.co/whitepaper_v1.2_p.pdf.
The platform was built using the Ethereum blockchain technology and tokens issued as standard ERC20, to ensure total decentralization of the tourism industry and an enhanced smart contract system. To find out, clickhttps://github.com/LockChainLtd/Smart-Contract/.The tokens used for transactional purposes in the platform is the LOC tokens. The token is the only mechanism that allows clients and hotel providers to make relative interaction and make transactions without any other intermediary, whatsoever, except reviewed by the developers. 25 million LOC tokens are in supply while the total headcap is equivalent to 32, 000 ETH with a target raise of 20, 000 ETH. For more about the LOC tokens terms, sales and conditions, visit https://lockchain.co/, and navigate to the ‘Buy Tokens’ option. The platform is forecasted to be potentially worth at 500 Million USD value, all things been equal. Only 50% of the total LOC tokens will be sold during this ICO season, 25% will be retained for team, advisors, community and supporters including founders, current team and future hires, bounties, referrals and Early-bird backers, on a 25% average equivocally. The remaining 25% will be reserve for the future.
To enable participants take part in the platform considering it huge benefits, ICO is on offer. ICO started since 29th October, 2017 and will run for 24 days more from now. To get tokens click the ‘Get tokens’ options on https://lockchain.co/. I just got mine!
The team behind the Lockchain platform include Nikola Alexandrov (CEO/Founder), Hristo Tenchey (CC0/Founder), Rosen Plevneliev (Chief Adviser), Svetlin Nakov (Technical Advisor), Eva Maydell (Advisory Board-Pro-bono), Nikola Stojanow (Advisor), Neyena Petrova (Head of Business Development), Prerit Srivastava (CTO), Jon Adams (Canada Operations), Richard Gibney (Head of content strategy and PR) and Tanko Gerilieu (Senior Developer).
Lockchain is a big social media community, you can connect with other participants of the platform, via;
Official Website: https://lockchain.co/
Whitepaper Link: https://lockchain.co/whitepaper_v1.2_p.pdf
Official Bitcointalk ANN Thread: https://bitcointalk.org/index.php?topic=2209047.0
Facebook Page: https://www.facebook.com/LockChainLOK/
Twitter Page: https://twitter.com/LockChainCo
Github Link: https://github.com/LockChainLtd/Smart-Contract
#My Bitcointalk Username: wisdomcn
#My Bitcointalk Profile link:
https://bitcointalk.org/index.php?action=profile;u=1052342
#ETH wallet address: 0x750af87B61B460811d268f553ca308Ef3a7C6777
No comments:
Post a Comment