TRIIPMILES - ENJOY YOUR VACATION
Today Crypto Currency is becoming mainstream. As a result, the profits to be made from trading Cryptocurrency have become very well known, through friends, colleagues and the media. Stories of people turning a small piece of capital into exponential growth, a large nest egg, by investing in and trading Cryptocurrency.
Although Crypto is becoming mainstream there is still an enormous amount of the population who don’t fully understand how it works and how to use it.
Blockchain is a decentralized general ledger. It is a computer network that has an identical copy of the database and changes its status (records) to a common agreement based on pure mathematics. All this means that there is no need for any central server or any entity we trust (e.g. central bank, notaries, banks, paypal, etc.). The blockchain is the technological basis for all cryptomontages, whether Bitcoin, Ethereum, Hyperledger, etc.
An important part of the blockchain is the smart contracts, a piece of code that is stored in the blockchain network (in each participant's database). It basically defines the conditions to which all parties using the contract agree. Therefore, if the required conditions are met, certain actions are executed. Because the smart contract is stored on all computers on the network, everyone must run it and get the same result. This way users can be sure that the result is correct.
When we want a vacation, we have to make our holiday event fun. One of them is to book a hotel for a place to rest. Many ways can be done to get a comfortable and cheap hotel. In this online era, hotel booking process only by using smartphone and payment can be through bank transfer or other payment process. Although many sites provide cheap and convenient hotel reservations, nobody gives commissions to customers who have booked multiple times with the same online booking app or site.
Unlike many blockchain projects that are building from scratch, Triip is already profitable with a close relationship with tourism boards in the Asia Pacific. It has a proven business team which create a dynamic ecosystem and can claim to be the world’s first and largest exclusive local tours platform.
Our decentralized platform, with the TriipMiles (TIIM) token at its core, will be the respondent to 3 key challenges in the travel world. TriipMiles protocol will aim to remove unnecessary friction in the travel space and align values in a way that creates incentives to locals, tour guides and travellers.
TriipMiles, the utility token, will empower more locals to participate in the travel industry. The current travel economy only has a few centralized players participating: travel business owners & local employees, OTAs, and travellers.
With TriipMiles, all elements of the travel economy will be presented in a circle where each aspect can be tracked and verified by any individual. Quality and transparency will be visibly demonstrated.
For instance, each group within the TriipMiles economy will collaborate, process functions and be rewarded with TriipMiles as their work is verified. This is accomplished by a smart contract and cannot be controlled or affected by any outside entity.
Platform Components
Triip Platform is a regular web application that runs on the cloud. It maintains the database of creators, customers, tour information and other information necessary for booking a triip. These data are considered “off-chain” data.
The platform facilitates creation and execution of Smart Contract on Ethereum network between all parties involved including Triip itself.
Once the Contract or DApp is deployed “on-chain” to Ethereum network, the terms and conditions of fulfilment are public and cannot be modified. Triip platform provides Graphical User Interface to allow all parties to interact appropriately with the contracts via ReactJS & Web3.
When all conditions are met, the Contract sends fund it holds to receivers, and trigger blockchain events, for Triip platform to handle miscellaneous following up actions such as email notification and feedback collection.
The following diagram illustrates simplified architecture components of Triip platform:
WHY BLOCKCHAIN IN TRAVEL?
Travel is one of the world’s oldest and longest-lasting industries. As long as there are human beings, there is travel.
Dipping only during times of global economic hardship, the number of international tourist arrivals has increased steadily almost every year. Numbers have more than doubled, with an estimated 1.24 billion arrivals expected in 2016. By 2030, international tourist arrivals are expected to exceed 1.8 billion
Travel and tourism contributed a total of 7.61 trillion US dollars to the global economy in 2016. With a statistic of 1.235 billion global visitors in 2016, 30% are booking tours for their vacation on their own while 70% are using group tours. These target customers are spending US$145 BN on tour bookings per year.
Online tour & attraction gross bookings will more than double from 2015 to 2020, growing from 11% in 2016 to 21% in 2020.
The focus language of current global tourism is in English. Local experts and travellers expected to see expanding of the platform into German, French, Spanish, Chinese, Japanese, and Korean.
However, the blockchain in travel is under-invested. In 2017, there was only US$ 259,000 was invested in travel ICO. But that number is changing in 2018.
STRATEGIC PARTNERSHIPS
Triip feels blessed to work with many huge and heart-full organizations around the world
Exclusive Partnerships
Bhutan Airlines, Rainbow Tours and Treks Bhutan
Global Partnerships
Booking.com, Amadeus Next, Pacific Asia Travel Association, UNWTO, Development Bank of Singapore
Token info
Token TIIM
Platform Ethereum
Type ERC20
PreICO price 1 ETH = 8,800 TIIM
Price in ICO 1 ETH = 8,800 TIIM
BONUS
Up to 30% bonus for pre-ICO.
Tokens for sale 165,000,000
Investment info
Accepting ETH
Distributed in ICO 33%
Soft cap 2,500 ETH
Hard cap 18,750 ETH
Roadmap
2018
Q2
● White paper release
● Complete ICO website for private & public sales
● Private sale
● Adding global partnerships
Q3
● Public sale
● Re-architect and streamline internal systems
● Launch Global Travel Entrepreneur Challenge 2018
Q4
● TriipMe supports payment and payout in TRIIPMILES
● Recruit city managers in 20 cities
● Launch Universal Travel Scoring system
● Integrating airport-pickups and car bookings in Asia
2019
Q1
● Listing on additional exchanges
● Expansion of UTS to more partners
● Launch Global Sustainable Award for hotels and tours
Q2
● Launch decentralized approval and arbitration system
● Launch P2P referral system
Q3
● Launch Global Travel Entrepreneur Challenge 2019
● Leverage machine learning capabilities
2020
● Launch Triip’s tour operator and hotel management software
● Launch Global Travel Entrepreneur Challenge 2020
Team
Advisors
FOR MORE INFORMATION PLEASE VISIT THE LINK BELOW:
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