KuCoin Cryptocurrency Exchange is proudly announcing their newest listing today of Locktrip’s network currency, the LOC token. Locktrip is a blockchain based project that promotes to solve the issues with regards to hotels and other accommodations booking.
LockTrip is known as a blockchain-powered marketplace & technology, where hoteliers and property owners can rent their property globally, obtain money and control bookings without paying any commissions.
Features and Functions
Due to the exceptional capacities of blockchain technology, Hoteliers and Short Term Rental Owners can trade their rooms on the LockTrip’s integrated marketplace for 20% lower prices without harming their profits.
The LockTrip’s project consists of two parts, A decentralized booking engine the LOC Ledger which is based on the Ethereum VM, and a marketplace that will be fully integrated with the decentralized LOC Ledger.
Property owners and hoteliers are able to add their short-term rentals and hotel rooms to the decentralized LOC ecosystem through a one-click seamless integration.
LockTrip’s marketplace has a built-in exchange algorithm which automatically converts any external currency into LOC at the time of booking and submits the LOC into the decentralized LOC Ledger.
The LOC Token
The LOC token is a static part of Locktrip’s ecosystem and is the utility token that gives access to both clients and hotel owners to the decentralized LOC Ledger. When a user buys LOC, they unlock the full-service abilities of the decentralized booking marketplace. It will be the access means to book hotel and accommodation stays, property rentals, and associated services. The landlord or hotelier receives this form of crypto-currency and can withdraw it from the LockTrip.com marketplace or any other marketplace which is integrated with the decentralized LOC Ledger.
For more information about LockTrip, please visit locktrip.com.
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