Categories: Ethereum

TravelChain Launches World’s First Decentralized Data Exchange For the Travel Industry

Click here to view original web page at

Russia, Nov 24, 2017– Blockchain project TravelChain today announced that for their token sale they are not going to use the Ethereum smart contract, which they have posted earlier on GitHub. The token sale is going to be on their graphene-based blockchain and going to start on December 10. TravelChain is a breakthrough in the travel industry and is the core of the SmartTraveling Ecosystem which is going to provide reliable tools for developers willing to create services that meet demands of contemporary leisure travelers.

“Data is the “oil” of the 21st century, but in most cases, it circulates within corporate systems and cannot be used by other companies to create innovative services. We are looking to bring fourth digital revolution in the travel industry using blockchain.” said TravelChain co-founder and CEO Ilya Orlov. “We designed TravelChain to bridge the gap between all stakeholders in the travel industry and incentivize the consumers. Travelution is coming”

About TravelChain

TravelChain is a decentralized data exchange platform for the travel industry. It is globally scalable data storage infrastructure, secure by its design.

Graphene-based blockchain allows us to make the public information available for every part of the system, while private information is safely encrypted and stored with just the mark about the type of the information inside. Individual users (private or corporate entities) own the keys to their data in order to control secure storage or distributing/selling their data in real time. A key component of TravelChain is Traveler Passport, a model with distributed trust that allows you to form an image of another person without being acquainted personally. When dealing with unknown people, it is difficult to predict their actions. However, this is critical when it comes to money, private property, and health.

Key features of Traveler Passport:

  • Sociability
  • Benevolence
  • Responsibility
  • Professionalism


Data market is currently not monetized outside of advertising space. Alphabet (Google, YouTube), Facebook, AirBnB, Amadeus and other services barely reach outside base advertising products and services to individuals.

TravelChain provides different models, enabling data sharing among individuals and business on equal terms.

Target for consumers: To make profit from sharing their data, to get the best deals and offers from businesses and an ability to make the C2C escrow deals.

Target for businesses: Information about potential customers, big data for better market analysis, immediate feedback from customers about goods and services and an ability to provide the best possible conditions for any customer. Access to the TravelChain ecosystem data can significantly reduce marketing costs of business.

TravelToken sale

Travel chain is going for its token sale on 10th December 2017, and it’ll last for up to two month. Limited part of tokens is going to be out there with 15% bonus. The value of 1 TravelToken is going to be around 0,0000016 BTC (26.11.17 rate). In total 693 000 000 tokens shall be released during the TokenSale. For more information, you can check out the travel chain whitepaper

Join the Channels to stay updated with TravelChain’s updates

Disclaimer: The opinions expressed in this article do not represent the views of NewsBTC or any of its team members.  NewsBTC is not responsible for the accuracy of any of the information supplied in Sponsored Stories/Press Releases such as this one.

Illuminati, Mason, Anonymous I'll never tell. I can tell you this, global power is shifting and those who have the new intelligence are working to acquire this new force. You matter naught except to yourself, therefore prepare for the least expected and make your place in the new world order.

Disqus Comments Loading...
Published by

Recent Posts

The Entire Bitcoin Dynamic is Changed by the Lightning Network, Says Samson Mow

Samson Mow, BTCC Exchange’s Founder and Magical Crypto Friends and Blockstream’s present CSO, recently shared his views on Bitcoin’s status… Read More

2 hours ago

Bitcoin History Part 15: Silk Road Is Born

Silk Road launched in February 2011 as the darknet’s first bitcoin-based marketplace. Within four months, it would be the darknet’s… Read More

2 hours ago

Sunday Digest: Bitcoin Price, Pantomime Season, More Craig Wright Lies

Share Tweet Send Share This week, US President, Donald J Trump, decided that he would like to buy Greenland, thereby… Read More

2 hours ago

Bitcoin Twitter Is Daydreaming About a Hong Kong Bank Run

Crypto-fever dreamers cheered as Hong Kong protesters suggested organizing a bank run, but apparently rioters didn't flock to bitcoin. |… Read More

2 hours ago

World Bank issues second tranche of Ethereum blockchain kangaroo bond

'Kangaroo bond' is the name given to a foreign bond, issued in the Australian market and denominated in Australian dollars.… Read More

2 hours ago

What the Theft of a BBC Reporter’s $30,000 in Ethereum Shows About Cryptocurrency

Last week, BBC contributor Monty Mumford lost $30,000 of Ethereum . This came after a logical thought process: invest in… Read More

2 hours ago

This website uses cookies. We use these cookies to collect data about your interaction with our website for the purpose of continuously improving your experience with our site. For more information we encourage you to read our privacy policy.

Read More