The growth of online travel agencies perfectly demonstrates the value of leveraging new technologies to disrupt existing industries. These online agencies have a huge advantage over the normal hotels since they are able to offer consumers low prices and more options. Today online travel agencies are growing and generating higher revenues than ever before and this has had a direct impact on the hotel industry.
However, it is not all rosy for the online travel agency; traditional institutions that are slow to adapt digitally or resist the growth of online travel agencies risk being left behind. However, these hotels are still lagging behind. They need to work faster. Otherwise, intermediaries that get them in touch with customers could start making more than them.
The GOeureka team thinks they may have found something that will give the hotel an edge over agencies. To do this, GOeureka (GO) platform leverages blockchain technology to position itself as an unbiased and transparent technology partner to hotels, transforming traditional loyalty systems and delivering increasing value to all hotels and their customers.
GOeureka is an online booking platform that leverages blockchain technology to tackle current issues in the travel industry such as high commission structures imposed by online travel agencies (OTAs) and the fragmented loyalty programmes within the hotel industry.
GOeureka aims to develop an easy to use, reliable Facility and Services booking system with persistent indisputable records. As with all new systems, much of what is proposed will evolve over time as requirements change.
The GOeureka Vision
GO has a plan to create an online ecosystem where businesses thrive by offering the best services to travelers. As a technology partner for the hotel industry, GO will offer a simple and direct app and web experience to users without the high commissions on most sites. By freeing up resources for hotels, GO will make it possible for them to offer better customer value and service with their resources.
Why Ethereum blockchain?
The blockchain provides GOeureka with the required token economics needed to eliminate high commission fees and the ability to facilitate interoperable loyalty points. GOeureka’s platform also benefits from the distributed ledger technology that guarantees security and transparency across its platform.
Web Application Platform
Booking & Inventory Platform
The web application platform will host a booking platform for travelers and a hotel inventory system for hotels. Travelers will be able to search and book hotels. Hotels can update room inventory and prices directly or integrate with channel managers.
The Proxy Wallet
One key issue typically faced when designing a blockchain system for mass adoption is the handling of user wallets. While a hardware wallet like a Ledger Nano or a plug in like Metamask can expect users to use a recovery phrase, general users are unlikely to be happy with such a solution.
They intend to use what is called a proxy wallet for all Ether transactions:
- Users will undergo a proof of identity when signing up for GOeureka
- Cryptographic Key Pairs are created on user devices and never leave their devices
- A corresponding smart contract called a “proxy wallet” will be created on the blockchain
- The user channels all transactions via the proxy wallet which is tied to the user’s identity
- The proxy wallet allows the user to interact with all parts of the GOeureka system
- On registration of a lost phone, GOeureka can, via a rigorous process, establish the identity of the account and assign that person’s new address to be the new controller of the proxy wallet.
Payment Processing
Team and Advisors
Yousername; Danielpes
Website: https://goeureka.io/
Whitepaper: https://goeureka.io/#download
Facebook: https://www.facebook.com/goeurekatravel/
Twitter: https://twitter.com/goeurekatravel
Telegram: https://t.me/goeureka
MY INFORMATION
Ethereum Wallet : 0x30E5972182B97D1EB7019D506Fa353Bb81fB17a3