The adoption of cryptocurrency by the masses has undoubtedly proven it to be the world next technological evolution, this became more evident in the year 2017 when all crypto assets experienced massive growth and coupled with the good rise in demand, then the growth of crypto market is predictably exponential.
Altcoins make use if Initial coin offering (ICO) and crowd sales to raise funds to support the progress of good projects, this is well illustrated in the chart below;

EVOLUTION OF TRAVEL INDUSTRY

With an account of over 10% of the world GDP, then it can be concluded that travel and tourism are among the world largest industry, this has also positively affected other sectors such as entertainment and transportation among other factors.

It has been revealed by statistics that holiday goers are willing to pay more for extra comfort which creates a business opportunity for providing these comforts to consumers however, there’s great need to improve the growth of this industry which has its complications because of the increasing need for travelling and tourism by the world population.

During the course of finding solutions to these complications, travel adopted proverbial regime shift in high-end technology which revealed the industry shortcomings and allows for further development.

Listed below are some of the problems encountered by the travel industry which created some opportunities for development;

• Quality of holiday travels; more holiday goers believe in verifying that their travel and holidays are well planned rather than having it based on luck.
• The increase in popularity of a location which tends to attract more tourists thereby giving them the problem of prioritizing the right tourist location.
• Lack of centralised platforms where tourists can feel free to buy tickets for travelling activities and experience prior to travelling despite a large amount of information that can be gotten from the internet.
• Worldwide believe of cultural do’s and don’ts.

As we all know that technology hasn’t for any moment stopped improving, this brought about the evolution of blockchain technology which has shown a reasonable level of acceptance by most industry including travel and tourism as some travel agencies have started its adoption for record purposes.

This has also shown a positive impact on cryptocurrencies as some businesses have started accepting it as the mode of payment.

WHY TOORCOIN

Toorcoin being created by some group of travel enthusiasts wants to improve the tourism and travel industry by creating a mode of payment which is publicly verifiable and bringing an end to outrageous international transaction fees been paid by tourists when transaction with their local currency.

This shall be made possible by initially facilitating payment on toorister platform thereafter using it in the travel industry broader scale.

Toorister will be a travel website containing a large amount of information on different travel destinations including places of interests that travellers might want to visit.
This will begin from Europe after which there’ll be a global spread.

The following are some of the solutions to be addressed by toorister;

• A suggestion of what to do in new places visited and the best amount of time to spend there.
• Getting rid of confusion about great places to visit and the amount of time to be spent there.
• Provision of trusted and reliable itinerary that can maximize your travelling experience in a particular city of interest.

Below is a sample of a Toorister itinerary for a 2 days travel to Barcelona;

USES OF TOORCOIN

• Travel forum tipping
• Travel marketplace
• Hotel, airline and holiday rental booking.

TOKEN PROPERTIES
Toorcoin is ERC-20 based token.

ROADMAP

TEAM

For more information about, kindly check;
Whitepaper
Bitcointalk
Website
Telegram
Twitter

Writer’s name:Michael Mayowa
BountyOx Username: amusanmikel