As one of the leading blockchain asset exchanges worldwide, KuCoin today is excited to announce the listing of another unique and decentralized project Locktrip LOC. Locktrip aims to solve the ongoing issues of the rental industries.
LOC token is now available for deposit with trading pairs such as LOC/BTC and LOC/ETH. Buying starts at 19:30 UTC+8 and selling/withdrawal at 20:00 UTC+8.
All transactions can be accessed utilizing KuCoin’s Android and iOS apps, or through their official website, www.kucoin.com.
LockTrip is a decentralized booking marketplace which permits travelers and tourists to reserve hotel rooms, private places, property and other sorts of accommodation without involving any third party. Within LockTrip, property owners and those who are looking to rent can quickly come to an understanding.
While third parties do bring reputation and security to the industry, platforms like Airbnb, Expedia, and Booking.com charge a substantial fee from property owners as well as the travelers/tourists. In opposition, LockTrip’s system is based on a decentralized Ethereum blockchain eliminating the necessity of a reliable middleman and ensuring both parties hold their ends of the bargain.
Advantages of LockTrip
LockTrip makes it considerably simple to book an accommodation anywhere throughout the globe. The user simply specifies the city, check in and check out date, a number of rooms needed and the number of people and the system does the rest revealing all the possible accommodations that the user can enjoy at the lowest rates.
Listings point up with all the information user’s need to know including property’s location, pictures, rooms, type of facilities available, dining choices and other amenities.
Elimination of intermediaries from the rental process also means that property owners can also cut the rents to bring more customers while keeping their profits intact. LockTrip basically constitutes a win-win situation for both property owners and tenants.
Being a blockchain powered service, LockTrip doesn’t lock out travelers who don’t want to pay through cryptocurrencies. LockTrip holds fiat currency payments for those who don’t want to spend with virtual currencies.