Bettering the travel experience with blockchain technology, Tripio leads in this revolution.

（Official site: https://trip.io Beta Version: https://beta.trip.io）

What is Tripio?

Tripio (Listed on OKEx: TRIO) is the first travel marketplace based on blockchain. It leverages the decentralized network provided by blockchain technologies to directly connect global customers and service providers. Moreover, it builds a service ecosystem based on transparent, tamper-resistant trust and incentives. Tripio’s technologies reduce transactional and operational costs in travel industries, as well as improve customer experience in their respective products and services.

How it works?

On the Tripio platform, a service provider can publish her unique service terms and conditions using smart contracts. From the moment a customer initiates a purchase to the end of his/her trip, every step along the way can be enforced and monitored by smart contracts. Should disputes arise, Tripio provides dispute resolution by means of community self- government mechanisms.

Tripio comprises of its dApps and a set of Tripio Protocols that forms the basis of the new ecosystem. The Tripio dApp and the Tripio Protocols are powered by the ERC-20 utility token called the TRIO token. Customers may use Tripio dApps directly. At the same, any third-party may build its own dApp by leveraging the open Ethereum protocols.

a)Payment and transaction made much easier

Customer may use legal fiat currency or digital currency to purchase service in the marketplace. Tripio’s transaction system will perform transactional processing based on the needs of both customers and service providers. For example, a specific smart contract may hold the payment until service is rendered and confirmed by both parties, and subsequently make payment in a stipulated currency. Transaction data is openly available and not controlled by any central party. Blockchain offers an opportunity to build new platforms that can connect travel providers and customers directly, hence replacing many systems based on decades-old technologies.

b)Robust reputation management solution

Upon completion of a transaction, participating parties may rate each other, optionally with supporting reviews. Rating and review information is stored on the blockchain. These ratings and reviews form the basis of reputation scores for all participants in the Tripio ecosystem.

c)Dispute resolution by community governance

When disputes arise during service, such as damaged furniture or broken WiFi service, an automated process kicks in to form an arbitration committee in order to settle the dispute. An arbiters’ voting power is determined by her reputation and number of TRIOs held (reflecting her shared interest in the healthiness of the Tripio ecosystem).

The future of hotel booking:

With the advent of blockchain technology, people can book lodging anywhere in the world for leisure or business for a much lower price. Tripio’s “No Commission” model not only helps customers save money but also offers service providers (hotels, airlines, homestays, individual hosts, etc.) an efficient solution to directly sell their inventories. As Tripio’s ecosystem build more consensus in its community, the increasing network effect will further increase the scope of influence of the Tripio protocols.

Why Tripio?

Founded in late 2017 in Beijing and Led by CEO Wesley Shen and CTO George Zhu, Tripio summons a team of frontline internet experts from Agoda, Alibaba, Amazon, Ctrip, Elong, Expedia, Microsoft, Qunar, and Tripadvisor. Prior to Tripio, the team has been working on Baichanghui.com, a leading marketplace that enables booking for events, meetings, team building, and entertainment solutions.

Tripio’s investors include OK Blockchain Capital, BlockVC, INBlockchain, FreeS Fund, Blue Ridge Capital (China), Ceyuan Ventures, Node Capital, GENESIS Capital, TRON, F2Pool and others.

Official site: https://trip.io

Twitter: https://twitter.com/thetripio

Youtube: https://www.youtube.com/watch?v=FXaDWrHpMUc&t=71s

Whitepaper: http://trip.io/wp/Tripio_Whitepaper_EN.pdf

🇨🇳 Chinese Group： t.me/thetripio

🇺🇸 English Group： t.me/tripioglobal