Today, KuCoin blockchain asset exchange is proudly announcing its newest listing of Locktrip’s LOC token. Loc is the native currency of Locktrip’s system for all their transactions.
All trading transactions are possible utilizing their Android and iOS apps, or through their official site, www.kucoin.com.
Locktrip is a blockchain powered marketplace & technology, where hoteliers and property owners can contract their property worldwide, gain money and control bookings without paying any commissions to intermediaries.
It is an Ecosystem and a Marketplace where anyone can appreciate cheaper travel without spending improper commissions to middlemen that have no computed value. LOC can improve our lives by notably lowering travel expenses.
Due to the excellent capabilities of blockchain technology, Hoteliers and Short Term Rental Owners can trade their rooms in the integrated marketplace for 20% lower prices without altering their profits.
The Decentralized LOC Ledger
Some of the processes but not limited to the decentralized LOC Ledger will operate:
– booking placement
– booking confirmation policy (instant/or after review)
– deposit holding
– deposit release/refunding upon check-out
– check-in requirements & upgrade possibilities
– dispute trigger & dispute terms
– deposit withholding
– optional history/reputation requirement for customer
Description And Usage Of The LOC Token
The LOC token is an unchanging component of our ecosystem and will be the utility token that provides access to both clients and hotel owners to the decentralized LOC Ledger. The marketplace will accept LOC Tokens, Bitcoins, Ether, Litecoin and fiat currencies via conventional payment methods. In addition to the restrictive marketplace, the LOC Ledger will be accessible free of cost for anyone who wishes to plug into the global ecosystem. It will increase the value of the LOC token and empower travel business websites entering the market to provide extremely competitive rates without investing heavily in web hosting, design, and server-end technologies.
For more information about LockTrip, please visit locktrip.com.