Transacting real estate and tourism is cumbersome, opaque and expensive because of middlemen. Currently, these middlemen exist because they hold information that you can’t access or have skills/ licenses you don’t have that needed to operate in the existing property transaction ecosystem.
However, the blockchain introduces new ways to trade real estate and can enable trading platforms and online marketplaces to support real estate transactions more comprehensively.
COINTRIPS PROJECTS
1. Blockchain technology
A blockchain database is managed autonomously using a peer-to-peer network and a distributed timestamping server. The first blockchain was conceptualised by an anonymous person or group known as Satoshi Nakamoto in 2008. It was implemented the following year as a core component of the digital currency bitcoin, where it serves as the public ledger for all transactions on the network. By using a blockchain, bitcoin became the first digital currency to solve the double spending problem without requiring a trusted administrator and has been the inspiration for many additional applications.
In August 2014, the Bitcoin blockchain file size, containing records of all transactions that have occurred on the network, reached 20GB (gigabytes).In January 2015, the size had grown to almost 30GB, and from January 2016 to January 2017, the bitcoin blockchain grew from 50GB to 100GB in size.The words block and chain were used separately in Satoshi Nakamoto's original paper, but were eventually popularized as a single word, Blockchain, by 2016.
Today, there are many definitions about this kind of new teachnology.
“The blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value.”
- Don & Alex Tapscott, authors Blockchain Revolution (2016) –
Or
“A blockchain is a digitized, decentralized, public ledger of all cryptocurrency transactions. Constantly growing as ‘completed’ blocks (the most recent transactions) are recorded and added to it in chronological order, it allows market participants to keep track of digital currency transactions without central recordkeeping.”
2. Quantum algorithm
The idea of a quantum computer was first proposed in 1981 by Nobel laureate Richard Feynman, who pointed out that accurately and efficiently simulating quantum mechanical systems would be impossible on a classical computer. But probably the most widely known development in quantum computation was Peter Shor’s 1997 publication of a quantum algorithm for performing prime factorization of integers in essentially polynomial time.
Shor’s algorithm was a monumental discovery not only because it provides exponential speedup over the fastest classical algorithms, but because a number of algorithms for public-key cryptography, including the commonly used RSA algorithm, depend on the fact that there is no known efficient classical algorithm to factor integers into prime numbers. Shor demonstrated that the realization of a full-scale quantum computer would have the potential to provide a truly significant increase in computing speed, at the same time pointing out the possible implications of such an increase in computational power to the field of cybersecurity.
For both reasons, Shor’s discovery sparked a great deal of interest in the design of quantum algorithms and computers that endures today.
Recently, quantum computers are designed to outperform standard computers by running quantum algorithms. Areas in which quantum algorithms can be applied include cryptography, search and optimisation, simulation of quantum systems, and solving large systems of linear equations.
As well as the development of new quantum algorithms, an important direction for future research seems to be the application of known quantum algorithms (and algorithmic primitives) to new problem areas. This is likely to require significant input from, and communication with, practitioners in other fields.
How these technology works in tourism and real estate sectors
According to Jayson Ray : “Blockchain will enable every property, everywhere, to have a corresponding digital address that contains occupancy, finance, legal, building performance, and physical attributes that conveys perpetually and maintains all historical transactions. Additionally, the data will be immediately available online and correlatable across all properties. The speed to transact will be shortened from days/weeks/months to minutes or seconds.”
A blockchain is a decentralized and distributed digital ledger that is used to record transactions across many computers so that the record cannot be altered retroactively without the alteration of all subsequent blocks and the collusion of the network. This allows the participants to verify and audit transactions inexpensively. They are authenticated by mass collaboration powered by collective self-interests.
The result is a robust workflow where participants' uncertainty regarding data security is marginal. The use of a blockchain removes the characteristic of infinite reproducibility from a digital asset. It confirms that each unit of value was transferred only once, solving the long-standing problem of double spending.
The advantages of using blockchain in the real estate and tourism have been mostly ignored, even though the technology has the potential to affect millions of people each year with its fraud prevention and transparency capabilities.
But with Cointrips, using Blockchain technology and Quantum algorithm, CTI will cut out the middleman, prevent fraud, make the transaction more transparently and efficiency.
We believe that COINTRIPS will be the next generation advanced solution for real-estate and tourism. Let's join our project as soon as posible to enjoy the great benefits that CTI brings up to you.
COINTRIPS (CTI) is a decentralized digital currency that you can directly tranfer from person to person on the Internet without bank or middle -man.
CoinTrips operates based on the P2P network protocol. Since 2016, many financial institutions, tourism and real estate company has paid attention in developing CTI . In 2017, CoinTrips has significant grown and make a huge profits and benefits for the community through trading, exchanging and holding it.
CTI uses quantum technology in order to recording transaction in to a blockchain ledger. Making the transactions more simple, secure, fast, saving cost and time.
It is also avaiable for mining. Miners will receive an reward for verify the transactions and listing them on a P2P blockchain ledge.
A limited CoinTrips (CTI) can be mined in pool. And difficult will be raised by the number of miner participated in mining pool. CTI pay attention for being a payment system for many services in real estate and tourism industry in the world.
You can buy CTI throught mastercard, store it in your private wallet and use it to pay for many services at our co-operated company in real estate and tourism fields.
How to make profit with Cointrips ?
1. Buy our token during Token sale, then trading them on our internal trading floor. You can also trade through our partners exchanges which will be introduced after the ICO.
2. Using our tokens to join with us in the lending program with the interested rate up to 48% per month.
3. Mining : Cointrips use the X11 Algorithm like Dash which will assure the best security. Each tokens can be spit up to 100.000.000 MT. So you can use GPU or ASIC to mine CTI.
ICO
Name: Cointrips
Symbol: CTI
Hard cap: 28.000.000 CTI
ICO supply: 5.600.000 tokens ( 200.000 for each day )
ICO time : Dec 22nd , 2017 ( 23 p.m UTC/GMT +8 )
Maximum Amount Per Day : 200 000 CTI
Accepted Payment : USD ( Mastercard ), Ethereum ( ETH ), Bitcoin ( BTC )
6 PHASES OF ICO
• Phase 1 : From 1 – 1.000.000 CTI
Price : 0.9 USD
• Phase 2 : From 1.000.001 – 2.000.000 CTI
Price : 1 USD
• Phase 3 : From 2.000.001 – 3.000.000 CTI
Price : 1.1 USD
• Phase 4 : From 3.000.001 – 4.000.000 CTI
Price : 1.2 USD
• Phase 5 : From 4.000.001 – 5.000.000 CTI
Price : 1.3 USD
• Phase 6 : From 5.000.001 – 5.600.000 CTI
Price : 1.5 USD
LENDING PROGRAM
Lending amout (USD) Profit ( up to ) Durations
100 – 5.000 48% 240 days
5.100 – 10.000 48% 210 days
10.100 – 20.000 48% 180 days
20.100 – 50.000 48% 150 days
50.100 – 100.000 48% 120 days
CTI Proceeds Allocation
- Token Sales 20% = 5.600.000 CTI.
- Team Tokens 5% = 1.400.000 CTI.
- Referral Program 8% = 2. 240.000 CTI.
- Mining 50% = 14.000.000 CTI.
- Promotion 5% = 1.400.000 CTI.
- Reserve; Legal & Advisory 12% = 3.360.000 CTI.
CTI – ICO Referral program
F1 – 8%
F2 – 2%
F3 – 1%
F4 – 1%
F5 – 0.5%
F6 – 0.5%
If you have any questions about our project, Contact us.
Whitepaper: https://cointrips.co/upload/img/cointrips-whitepapper-8207.pdf
Website: https://cointrips.co
Twitter: https://twitter.com/CointripNetwork
Telegram Channer: https://t.me/cointripschannel
Email: [email protected]