Let Us Have A Look At Growth Of Online Travel Sales
Online travel agencies represent 13% of global travel gross bookings, and projected to have a 12% annual growth (PhoCusWright, 2014). In 2016 alone, online travel sales worldwide totaled to 564.87 billion in US dollars — with a growth projection of 755.94 billion by the end of 2017 (Statista). This increase could be due to the creation of faster and easier ways to book travel activities — online and mobile, without the need to visit a nearby travel agency.
How Lotus Is Going to Leverage the Online Travel Sales Business With Blockchain ?
The Lotus Token (Ticker: LTO) aims to provide blockchainbased travel related transactions. These will start off with airline or hotel bookings, then eventually expand to include tour packages, cruises, vehicle rentals, and other travel and tour activities. The system will be backed by an LTO Card that users can top-up and use to pay for services. Transactions will be done using the Ethereum Blockchain, which in turn will minimize the corresponding fees that are otherwise charged by thirdparty payment processors. Foreign currencies could also be exchanged to and from Lotus Tokens and saved on a consumer’s LTO wallet for use on the next travel-related activity, or as a means of avoiding costly conversion fees provided by high street travel agencies.
More Details Details
Website : https://lotus.sh/
WhitePaper : https://lotus.sh/assets/whitepaper.pdf
Telegram : https://t.me/lotustokeninc
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1247512
Lotus Token - The Future of Global Travelers
Reviewed by Tono
on
Desember 30, 2017
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Reviewed by Tono
on
Desember 30, 2017
Rating:
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