Ontology is pleased to announce its partnership with Tripio, a leading travel blockchain project, on customer payments with ONT token. Tripio will connect ONT to its payment system, enabling customers to book and pay at more than 450,000 hotels all over the world with ONT. Besides, Ontology and Tripio will strengthen cooperation in the cryptocurrency credit card and protocol development based on the Ontology network.

Blockchain technology creates new opportunities for the travel and accommodation sector. Based on its tamper-resistant blockchain technology and smart contract support, Ontology is helping Tripio move payment, transaction, rating, complaint, and dispute resolution process onto its smart contract platform. Thanks to the partnership, transactions recorded on blockchain can be tracked by anyone, which improves efficiency and reduces operational costs.

Wesley Shen, Tripio CEO & Former SVP of Elong (Leading OTA in china) said: “The cooperation with Ontology will greatly enhance the influence of Tripio in the global cryptocurrency market. We look forward to working with Ontology in cryptocurrency credit cards, dApp expansion, and large scale commercial use.”

Andy JI, Co-Founder of Ontology, said: “Ontology provides a general-purpose infrastructure platform for various industries and business scenarios. The partnership with Tripio is another big step towards that direction. We will continue to make people’s everyday life more convenient with our blockchain technology.”

From today to August 1st, users can receive 5 times of cashback in TRIO, you can visit Tripio’s official website for more information.

About Tripio

Tripio is the first travel blockchain project in the world. Tripio has successfully integrated all processes of the lodging services such as listing, booking, payment and dispute resolution on-chain with smart contract, and achieved the excellent practice of decentralization in the trillion sized markets of travel and accommodation. Now, Tripio (token ticker: TRIO) has been listed on OKEx, Huobi Global, Bittrex, Bitfinex, Huobi Korea, Coinw, Hcoin, Ethfinex. Go to http://trip.io for further information.