Currently, the Tratok project has many rich chpo tourist services. But the project also has many competitors. In addition to reducing costs for both parties, to compete, Tratok also has what advantages?
Multiple benefits which include annihilation of fraud. Time efficiencies but the most important advantage is empowering the stakeholders and giving them control. This is about so much more than reducing 1.5-3.5% that payment processors charge. Tratok not only solves 22 industry problems and introduces more than one dozen improvements. If you are genuinely curious, please go through the project's homepage and read about them. Look at the feasibility studies, read through the project updates. See how this project has evolved to overcome challenges. To name just a few:
No longer will service providers have to wait 90-180 days to get their trade receivables.
No longer will service providers have 30% skimmed from their revenues.
No longer will hotels have their inventory held ransom for years.
No longer will the service provider be forced to set a price and adopt rate parity by Mafia-style middlemen.
No longer do clients not even know the price they will be charged.
No longer will clients have to wait months for refunds and lost the majority of the funds.
Tratok is a well thought out project led by a team of real calibre and business experience that put products over promises. Unlike many who simply launched ICO's and are months behind schedule while enjoying the public's money and making a mockery of the business, this internally funded project is 8 months ahead of schedule, has actually spent on the community (airdrops, paid listings etc). Tratok does things right. Its a shame many others do not follow the same principles of integrity and realism.
Therein lies the biggest problem with the blockchain. Many get into the hype without taking the time to actually read and understand a project and its goals. They have unreasonable expectations of getting something for free in an airdrop and being millionaires a week later. Its pure stupidity and the biggest plague to projects trying to make a difference. Rather than show interest in real projects that have real value, they are interested in pump and dump "WHEN MOON" scams and trying to fraud people. It is pathetic quite frankly and the honest members of the community should be doing more to combat this.