TravelCoin – payment system based on blockchain technology. It is the answer to fundamental coordination problems amongst payment processes and financial relationships in the tourism business sector. By enabling decentralized exchange currency and user-friendly wallet, TravelCoin will provide a next-generation value transfer service across national borders operating between touristic companies, tour operators, hotels, reservation systems, etc.
The TravelCoin payment system will consist of digital TC-wallet (wallet with exchange and messenger functions) and two cryptocurrencies – token TravelCoin (TC, Proof-of-Work algorithm) and TravelCoin cryptocurrency (TCC, Proof-of-Stake algorithm). Both coins will be equivalent in the TravelCoin payment system.
Through the TravelCoin payment system, anyone will be able easily to conduct financial transactions in a completely decentralized and inexpensive way, network allows millions of people to transition from using fiat money to using decentralized currency which will make the world better.
One of the heaviest challenges for most blockchain projects is connecting the technology to real customers. We have «DMCsearch» project (http://dmcsearch.com) – the world’s largest union of destination management and travel companies. The implementation of the TravelCoin payment system will begin with implementation system among members of the «DMCsearch» project and then will expand to the rest of the world.
We are a team of developers, engineers, problem solvers, economist and early adopters working round the clock to build a sustainable crypto economy. We think, design, test and go to market.
FUNDAMENTAL PROBLEMS THAT TRAVELCOIN SYSTEM SOLVES
LARGE COMMISSIONS
LIMITED BANKING HOURS
It is impossible to make bank transfer on weekend and holidays. International payments and transfers to or from foreign currency accounts can only be fully authorized between the hours of 7.00am to 7.00pm on workdays. Outside of these hours, payments and transfers only can be loaded in preparation for authorization. This problem is of particular relevance in the tourism business sector as working days are different in many countries of the world. In the TravelCoin system payment can be made at any time, it is always running and never sleeps. It works on weekends and holidays 24/7.DIFFICULTIES WITH CORRESPONDENT BANKS REGULATION
All International payments are made via intermediate correspondent banks. Through correspondent banking relationships, local banks can access financial services in different jurisdictions worldwide and provide cross-border payment services to their customers. Correspondent banks may delay and request additional information about payments, cancel payments, may send payments for checking the legality, may arrest – all this requires additional time and creates additional difficulties. Payment via TravelCoin payment system cannot be stopped, arrested and sent for review.TOO LONG PAYMENT PROCESS
International payment process average taking 1-2-3 or more business days (it depends on the country), this process is too long and creates problems when it is impossible to make an urgent payment. When using the TravelCoin, international payments are made almost instantly.CURRENCY CONVERSION
International payments between countries are only possible through the use of one of the reserve currencies. This means, if you want to send money from Brazil to Australia, bank will convert Brazilian Real to one of the reserve currencies (for example to USD), make money transfer in USD to Australia and then convert to Australian Dollar. Currency conversion fees depends on currency exchange cross-rate and it could reach up to 3.5% of sending amount. There is no currency conversion in the TravelCoin payment system, you can send TravelCoin directly to anyone to any country.THE PAYMENT PROCESS COULD BE EASIER
In the TravelCoin payment system, there are no invoices, no bank account and no fees, no need for special payment equipment. There is only a simple and comfortable in using digital TC-wallet.3 IN 1: WALLET, EXCHANGE AND MESSENGER
The digital TC-wallet will be an application which will integrate with the Binance Smart Chain main net and the TravelCoin blockchain network. The digital TC-wallet will have exchange functions and messenger.
Exchange
Decentralized exchange will allow directly in the digital TC-wallet to carry out operations on the exchange of fiat money (Dollar, Euro) and other cryptocurrencies Bitcoin (BTC), Ethereum (ETH) for the TravelCoin.
Messenger
Messenger is module that will enable to communicate between customers, it will be possible to discuss the details of payment before payment.
BENEFITS
ADDITIONAL BENEFITS OF USING TRAVELCOIN | TOP 5 BENEFITS FOR INVESTORS |
| - Payments with less commission - Much faster money transfer than traditional banking system - TravelCoin system is free - Works everywhere and anytime - Decentralized system, no central authority - The simplest of all payment systems - Additional profit via mining process - No correspondent banks regulation - No currency conversion - Less document flow - No problem of payments that are later reversed - TravelCoin is a financial instrument for trading on exchanges - Impossible to block or arrest your account | - All holders of token TravelCoin (TC) will receive coins of TravelCoin cryptocurrency (TCC) as a bonus in the same amount when TravelCoin cryptocurrency will be issued. - Token TravelCoin (TC) will be added to exchanges. It is issued by a limited number, is deflationary, with an increase in the number of users will grow in price. - Be involved in blockchain technology, be a part of the future. - TravelCoin (TC) will be profitable to pay for various tourist services and hotels. - Fast profit. |
TOKEN DETAILS
The funds raised will be spent primarily for listing the token on exchanges, advertising company, investments in the development of the digital TC-wallet and TravelCoin cryptocurrency.
Token Symbol: TC
Total supply: 40 075 017
Decimal points: 18
Blockchain: Binance Smart Chain
Contract address: 0x3AAc99Df6A4B22C34e1B7eF7aa513C7276f3803B
AIRDROP AND ICO
Information regarding airdrop and ICO will be added soon.
RELATION LINKS
The funds raised will be spent primarily for listing the token on exchanges, advertising company, investments in the development of the digital TC-wallet and TravelCoin cryptocurrency.
Token Symbol: TC
Total supply: 40 075 017
Decimal points: 18
Blockchain: Binance Smart Chain
Contract address: 0x3AAc99Df6A4B22C34e1B7eF7aa513C7276f3803B
AIRDROP AND ICO
Information regarding airdrop and ICO will be added soon.
RELATION LINKS
Website: http://travelcoin.group/
Whitepaper(EN): http://travelcoin.group/wp-content/uploads/TravelCoin-Whitepaper-v.2.02TC.pdf
Twitter: https://twitter.com/TravelCoin_TC
Telegram: https://t.me/joinchat/VqdjOyEfCf03ODIy
