TravelChain ICO review

TravelChain ICO review

ICO
January 15, 2018 by Super System
479
TravelChain

TravelChain

What is TravelChain?

TravelChain is an open source blockchain managed by all market players. The user installs the application or widget and decides what data and in what form can be collected.

Big data is now a huge industry. It is worth more than $203 billion annually.

Mainly large organizations that have access to their vast data sources benefit from this market.

Their data is typically tightly guarded and cannot be used by personal users or even other organizations. Those limitations are stopping the market from creating new and more efficient services and products.

“TravelChain is an open source blockchain managed by all market players.”

TravelChain, a new blockchain based platform is trying to change this system. The main goal of TravelChain is to help both travelers and business profit by sharing their travel information, and by doing so to solve many of the issues that trouble the travel industry.

TravelChain aim is to create to world’s first decentralized data exchange specifically for the travel industry.

“The main goal of TravelChain is to help both travelers and business profit by sharing their travel information”

Users will be rewarded with TravelChain tokens, while the big companies in return will receive via TravelChain all the data required to create a custom advert.

TravelTokens will be used for trading in user information, advertising, account upgrades, and purchasing additional platform and travel services. The main source of income for the TravelChian company will be mostly from the fees in the system, transactions and fixed issue to a community reserve fund. All the fees paid on the platform will be distributed 80% to affiliate marketing (referrers) and 20% to development fund.

“Users will be rewarded with TravelChain tokens, while the big companies in return will receive via TravelChain all the data required to create a custom advert. “

The TravelChain network is planned to be a public, open source blockchain system. Public information will be publicly available whereas private information will be encrypted. According to the development roadmap, a working net will be launched in February 2018.