While planning a trip/vacation/holiday, booking a hotel or renting a house is our primary priority. We mainly use top hotel booking websites such as Airbnb, Zillow, Bookings.com etc and the deals they provide is often too expensive. As the demand increases due to special occasions the prices go sky high and the customers are left with no other options.
The reason for prices become unaffordable is because the listing platforms charge superior margins and archaic technology creates more intermediaries.
InfraCoin is here to make booking/listing more efficient and affordable.
Project objective
The main aim of the InfraCoin project is to provide efficient and affordable solution to booking/listing issues. InfraCoin is a decentralized property listing and booking ecosystem. It uses blockchain technology to eliminate unnecessary intermediaries so that booking and listing charges becomes very less and affordable.
Problems
The present listing, booking and travel industry are still dominated by handful of big player's. They often charge superior margins for listing and makes complicated booking procedures. Still there is no any technological revolution happened in this industry, that's why the present booking/listing market still runs on archaic technology that brings lots of intermediaries who makes the booking/listing more expensive. The lack of innovation makes hotel booking & long term rentals frustrating and time consuming. Often travelers and overseas residents face many problems in long term renting.
InfraCoin Solution
InfraCoin makes booking and listing market decentralized, which means no centralized authority can dominate. InfraCoin uses blockchain technology to make entire booking and listing operations transparent, secure, faster and reliable.
InfraCoin creates a fully operational and functional hotel booking, renting and listing platform. Use of technological advancements makes renting and booking operations such as renting application, contracts and process becomes very quicker, simple and secured. InfraCoin's technology makes listing process less costly, reduces unnecessary time consuming, time delays and scam rates. Which ultimately provides renters/customers mind free easy booking service.
With InfraCoin platform international travelers and renters, irrespective of any country can easily qualify for booking and renting. Tenants get instant deposit refunds from landlords.
In InfraCoin platform all the processes and operations regulated through decentralized INF ledger and transactions via smart contracts. Both the parties have to obey the terms they agreed upon and this will be maintained by smart contracts. Once the contract meets the agreement then smart contract executes the transaction and closes the deal.
InfraCoin Platform Use Cases
• Improve property search process -
Today's existing property search engines provide inaccurate, incomplete and outdated property details. Often buyers, sellers and brokers have to use different platforms to get accurate information and to access these services they have to pay high fees.
With blockchain technology all this issues can be eliminated. Blockchain provides trust, transparency and all the listing data freely accessible. With this participants get reliable and accurate data at low cost.
• Expedite pre lease due diligence & financial evaluation:
Existing paper driven process for leasing or purchasing activities are time consuming. The financial, legal review processes are very diligence activities. The financial evaluation and verification process of legal paper documents requires lot of time with the archaic technology.
Use of blockchain technology and KYC verification makes diligence process accurate and efficient. This provides trust between both parties which helps to make transactions.
• Ease of leasing, property and cash flow management:
The leasing of a property have more complexities due to dependencies between landlords, tenants, property vendors and with managers. Thus numerous payments arises that need to be tracked.
Blockchain technology powered smart contracts makes property management and cash flow more efficient, secure and transparent. Smart contract is created between the parties on a predetermined agreement and smart contract automatically triggers payment from tenants to landlords.
Token structure
• Token ticker: INF
• Token price: 1INF = 1.25 USD
• Softcap: 3 million USD
• Hardcap: 30 million USD
Token distribution
Conclusion
InfraCoin is here to revolutionize the way we make hotel booking/listing. With InfraCoin platform hotel booking, renting, listing becomes very easy, convenient and less costly. Use of blockchain technology brings trust and transparency. Smart contracts makes leasing and renting payments secure, automatic and eliminates any intermediaries. It is a very promising project to invest.
Learn more about InfraCoin:
Website: www.infracoins.com
Read whitepaper: https://www.infracoins.com/data/landing-docs/InfraCoinsWhitePaper5.2.pdf
Telegram: https://t.me/infracoins_community
Facebook: https://m.facebook.com/InfraCoins
Twitter: https://twitter.com/Infra_Coins
GitHub: https://github.com/InfraCoins
LinkedIn: https://www.linkedin.com/company/infracoins/
Reddit: https://www.reddit.com/user/INF789
About Author:
Bitcointalk username: Abhijeetcg
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1676105;sa=summary