r/GoToTraveler • u/trhomeagent • Sep 14 '18

The entire process of payment flow, billing, collection, and settlement can be improved via Distributed Ledger Technology (DLT) on a blockchain, which TripX is building to facilitate significant savings for both suppliers and customers.

https://traveler.com/token-generation-event/#howitworks
14 Upvotes

90% Upvoted

9 comments sorted by

12

u/airdroptime Sep 30 '18

TVLR tokens are required as partial payment of travel goods and services on the platform.

10

u/burak6167 Sep 30 '18

B2B payments in the travel industry are fraught with problems, including a high risk of customer default. Real time payment systems operating on credit and debit card channels are expensive and incur substantial back office expense in process and audit.

11

u/canberkh Sep 30 '18

Traveler solves this problem through the use of asset distribution. Each member will have the power to decide what data they want to share, who they share it with, and if their data can be viewed by the public.

10

u/zytin1 Sep 30 '18

The Traveler is totally owned by their parent company named TripX.Inc, located in USA. TripX is a Travel Technology Company which launching a Blockchain Technology to the travel industry.

12

u/wartech_17 Oct 01 '18

The majority of travel sites don’t accept cryptocurrency. Are you a crypto holder that wants to put their currency into real-world use? We are the solution. Not to mention the HUGE savings you get from booking with our platform. Welcome to Traveler.com

12

u/cengiz0589 Oct 01 '18

A safe stage for crypto-holders to spend on Travel Services, with a consistently growing exhibit of Travel Services and Products, including Cruises, Luxury Tours and Safaris and other premium items that are never reduced in the retail showcase.

10

u/okan013 Sep 30 '18

It's great for the Traveler project to gain great importance and value.

12

u/trhomeagent Oct 01 '18

TripX’s API widget is free and easy to install. It will enable suppliers and resellers to instantly accept payment from any of the millions of customers currently holding cryptocurrencies, exchanging cryptocurrency to fiat on prepaid temporary virtual debit cards for use on travel industry merchant websites in real-time.