What is the Further Network?
How Does the Further Network Work?
Further Network looks to disrupt the travel industry by starting with Autonomous Smart Travel Ecosystems. They are all based on different blockchain based technology and a system that is said to be ideal for travel. You can even use it to book accommodations and airlines or even a tour guide. You can create your own digital rules and assets and even transfer them from booking agent to booking agent via smart contracts.
It all is said to work in real time with payments made through a cryptocurrency of your choice. The initial release is promised to make settlements for payments easy with the process of tokenization of any assets the user currently has from any of the fundamental systems.
After that, they will continue to improve management and ultimately integrate entire management systems to be used as the backbone of the blockchain technology that would tokenize any assets without the need of costly and hard to figure out midware.
The ticket is said to be used to do more then just bring up flight information. It also should be able to work in conjunction with other service providers to help improve and personalize the needs of the traveler. With Further, there will be unique technologies that an individual can use to customize their tickets, so they will no longer be just tickets. You’ll be able to use them to do more than ever before apparently.
STR or Smart Travel Record is the smart token the company uses with their technology. It is made up of all the data and flight information for hotels, reservations and other travel related products.
STR is designed to help you solve any issues of settlement and payment using the Aton digital currency. STR would also bring more structured data as well as useful automation and stability for users and vendors. And with the contracts, you can set each contract up to follow specific rules.
Aton is designed to be a new travel currency, one that is designed to improve the travel ecosystem and platform this will all be running on. Any transactions will be kept in the selected currency as well as Aton. This will allow the system to easily calculate transactions and set balances that are different from the currencies used by issuers or purchasers.
STR will hold the desired currency as well as Aton value. And the platform will the be used to calculate any settlements needed in real time.
What is the ICO on Further?
The Further Network ATON ICO launch begins March 5th of 2018. It’s unknown as to how much it will cost per token and what the cap will be.
Who is Behind Further Network?
There is a massive team on the organization. More than a dozen at the very least, people whoa re respected and have verified LinkedIn accounts are all on Further. They have total transparency as to who is on the team, it’s unknown at this time where the team is out of but from the look of it they are located all over the world.
Further Network ATON ICO Conclusion
This looks to be a very real company and organization that is designed to help improve the travel industry. If you’re looking to get involved with an excellently run travel/cryptocurrency company Further may be ideal for you. The main goal of Further seems to be convenience and ease for travelers and vendors.