A new decentralized currency in the market is a great way for travelers who want to book hotel rooms, or private places or personal accommodations. Lockchain is the only one which tends to allow end customers and the owners of the property to deal with each other without the interactions and the tension of middle man who takes money for no reason. This is the platform for people without any commission and any other fee for booking.
Normally 20% of the transcation is taken by the middleman so by using this platform the pricing is automatically become 20% cheaper than on anyother platform. It’s a very huge benefit for the LOC holders as they will save there money by 20%. Its very secure as the property holder and hoteliers will be connected to the platform lockchain.co and they are able to add their temporary or shortterm rentals on a LOC platforms. It will be giving a great benefits to the property owners as it wont be taking any commission on the revenue and the fees would be fix and anually and done through a contract.
All these transcations would be safe and secure as its connected with the blockchain platform and also its instant and non disputable in the transmission of information.
Now you all must be curious how this system works so don’t worry, this system is divided into two parts
1- LOC ledger ( a fully decentralized booking system)
2- Market area which is fully connected with the decentralized ledger.
LOC ledger
A LOC ledger is a database which is fully decentralized and which gathers and hold the important and relavant information about hotels, private properties on rent, accomotations, either its available or not and all the booking reqiurements . as it’s the project of lockchain that’s why this platform will only be operatable with the LOC native token.
Marketarea/place
Lockchain.co is going to be the first webpage or web application that is connected with the decentralized system of booking. This is only to provide an easy and effective platform for people who want to be the part of decentralized system.
Lockchain is the combination of two projects and these two project may seam different but its interrelated and can neglect the other useless distortions. I must say it stays between the related people and no other useless person is allowed to disrupt.
Operation
How one can operate this system? First thing first its decentralized and free to use for public of interest and it is based on the etherum market. Every single individual is welcomed to this family who have interest in decentralized system they are warmly welcomed to this amazing new family of future. As I mentioned earlier there will be userfriendly contracts which will ultimately accepted by both the parties and done yearly/ annually, and that way the system will be stayed at zero commission amazing isnt it?
Now to enter into the system one need to buy the LOC tokens and that would only be possible by buying it through some fait currencies through certain exchange or even through there website. Fait currencies are just mean to buy or convert them into LOC immediately. Congratulations now with LOC tokens hotels, private places or accomotion can be booked through the decentralized platform and by paying through LOC.
One can pay with LOC tokens safe and secure.
Lockchain.co the future of booking
Topic: Still paying more for rentals? Lockchain is here for you! (Read 157 times)
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