BOScoin Blockchain Project And Korea Cashback Form Partnership For Travel Platform
BOScoin is proving to be Korea's first in many things. It is not only the first blockchain project in Korea, but has recently announced a Memorandum of Understanding that will see it become the first Korean blockchain project to partner with any company to bring the technology to global travel.
BOScoin intends to introduce human identity authentication that will be based on the blockchain technology for Woti, a company that's already doing well with providing information for tourists and travelers using LBS. The information provided by Woti are secured by the worldwide personal information protection acts, paying special attention to the GDPR, The European version of the act.
Woti is accessible through a mobile app and will provide useful travel information for Free Independent Travelers. As part of its resolution to improve user experience, the platform will also inculcate games and quizzes into its App. Playing these games and quizzes are part of the ways users can earn coins as rewards on the platform.
The coins earned from using the App will be usable for earning discounts in different restaurants and hotels around the world. The platform has already established itself as a global travel solution and quite a number of travel agencies are already joining its partnership support program to further help accelerate the launch of its new services.
Furthermore, BOScion is experimenting its potentials in the public financing sector with its ongoing project BOS-Net. With this project, it intends to help nurture startups that will inculcate the financial services of BOS-Net. It recently announced during its June community meetup that it intends to reach this goal through its Reverse ICO Partner Program.
In a recent interview with Yezine Choi, BOScoin CEO, he addressed questions pertaining the Memorandum of Understanding with Korea Cashback, stating that they saw the company as a reliable business to ride on in pushing their services into the global market.
BlockchainOS launched BOScoin in May 2017 through its ICO, making it the first blockchain project in Korea.
- Total coin offering – 5 million BOScoin
- Hardcap – $13,700,000
BOScoin is already living up to its vision to apply blockchain in numerous untapped sectors around the world by applying innovating and expanding partnerships.
About Korea Cashback
Since 2000, CEO Youngmin has been seeking possible means to engage his wealth of experience in revitalizing the tourism industry. His experience is going to prove to become the basis for which BOScoin will run. It has not come as a surprise that the past few years have seen Korea Cashback become popular for its contributions in the tourism Industry. Its efforts have been recognized by the Korean Tourism Organization. The company has rolled out mechanisms that will support the launch of startups, as well as help solidify already existing platforms that seek to pursue services that will help simplify things in the world tourism industry.
With the memorandum of understanding covering a lot of important areas and mechanisms already set in place to make it work, it is left to see how the partnership helps the industry in the next few years.