Traveling is one of the most integral parts of the human experience. According to market studies, over 67% of all individuals over the age of 24 go on an annual holiday expedition (either within their own country or somewhere abroad). However, it is also commonly observed that when making bookings and travel reservations, there can be a lot of payment issues that come up.
For example, when booking tickets between international destinations, many companies have issues with conversions and forex. Similarly, many a time, foreign banks are not recognized by certain travel operators, thereby causing ticketing issues. Thus, in the past year or so, three have been many advancements made in the crypto world for this very issue.
Routrip is an all new ‘blockchain based travel platform’ that has been designed to help make flight, hotel bookings much more easy and streamlined. It uses many security protocols so as to ensure that money being supplied within the network is protected. In addition to this, the company uses its own currency to help promote more transparency, as well as faster bookings.
This application is a first of its kind and has been designed to help travellers traverse the globe more easily and with more accessibility. Some of the key features of this interface include:
(i) Easy to navigate: the system is highly user friendly and can even be used by people who are unfamiliar with crypto currencies and other such digital assets.
(ii) Incentivized: the entire system is based on providing users with certain monetary gains when the native currency is used for making payments within the platform.
(iii) Secure: as mentioned earlier, Routrip uses advanced security protocols, to help protect customer data as well as prevent any issues pertaining to information theft or monetary losses.
Other Key Aspects
(i) Multi Functional Working Mechanism: other than airline bookings, this platform has also been devised to help travelers choose between the best housing, local transportation solutions available.
(ii) Route Planner: another major feature of Routrip is its ‘route planner’ option. As a result of this, we can chose between many different airlines, and routes through various different countries of our choice.
(iii) Many Useful Miscellaneous Features: apart from the benefits described above, this platform also comes built with features such as regularly updated local travel time, location tracker, exchange rate viewer etc.
(iv) Investment opportunity: owing to the fact that this is a blockchain-based platform, Routrip is able to provide all interested investors with an opportunity to get a piece of the international travel market.
(v) Safe: all transactions are based on ‘smart contracts’. Thus, users can be sure that there is no chance of any money loss.
RouTrip ICO Details
The token native to this system is referred to as RTP. This currency can be purchased by all interested parties in exchange of either ETH, BTC etc. When it comes to pricing, we can see that the rate of one RTP has been set at $ 0.003. From a functional point of view, we can see that RTP tokens can be used for
- payment of hotel bills
- Covering transportation costs
- Clearing invoices
The ICO will start on the 11th of December,2017 and will end when the headcap is reached. All interested customers can join by visiting the official website, and taking part in the ICO. The total number of tokens that have been created are 10,000,000,000 RTP. At the end of the ICO, all unallocated tokens will be burned.