TOORCOIN: REVOLUTIONIZING THE TRAVEL AND TOURISM SECTOR

in travel •  6 years ago  (edited)

International tourism continues to be one of the fastest growing economic sectors in the world, as evidenced by robust demands with international tourist arrivals growing by 3.9% and totalling over a billion. Although highly sensitive to both actual and perceived risk, the industry has experienced seven consecutive years of uninterrupted and sustained growth, something which was not happening in the 1960s. The primary driver of global tourism continues to be the significance it holds on a social, cultural, and political level. For the traveller, it’s easier now than ever before to book trips online with more choice and more booking platforms, However, specialised and personalised services that include planning travelling itineraries for travellers are not being focused on by travel operators. A major determinant of the success of a travel or tourism activity is how well the travel is planned and this poses a major challenge to travellers. Challenges of this nature fall under three categories; budget, location and duration.
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A traveller, before embarking on a holiday trip would first ask himself how much of a hole the trip would place in his account balance because asides from the cost of transport and feeding, some unforeseen expenses pop up while on journey and without proper prior budgeting, this may lead to the traveller being stranded while on the journey that is supposed to be fun-filled. Another factor to be considered before embarking on the trip is which places to visit during the holiday, a lot of information is usually required to make decisions relating to this as they may need to seek the experience of other travellers who have visited the country before. Going through this process could be time demanding and frustrating thus making an average traveller visit random places which may in turn not give him adequate satisfaction and value for money trspent. As a result of the above highlighted challenges of travellers, offering an enhanced travel experience has become a niche market for most travel operators, thus the tourism sector is under enormous pressure to keep up with technological advancements to efficiently manage client expectations. However, to solve these inadequacies of the tourism sector, blockchain technology solutions was considered and a platform named Toorister was birthed.
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Toorister is a platform which leverages on blockchain technology to solve the challenges relating to planning a trip for travellers. It aims at providing necessary information needed by a traveller to make an informed decision regarding his trip, most especially decisions relating to location and duration as pertaining to the holiday trip. Challenges aimed to be solved include:
• Long hours spent and frustration encountered by travellers while conducting researching on how to minimize travel duration, what to do in the tour destination and how much time to spend in a place despite having an awesome experience during the journey
• Confusion about which attraction to visit and how much time to spend on each of the places visited
Toorister platform will create a suitable detailed itinerary for travellers putting in consideration their budget, time allotted to the journey and areas of interest. All a traveller needs to do on toorister is pick an itinerary of his choice and every of his movement has been properly planned out and structured to suit his needs and offer value for time and money spent.

TOORCOIN TOKEN
Toorcoin fuels the Toorister platform and is the token used for conducting all transactions on the platform. It is an ERC20 based token launched on the ethereum blockchain. Toorcoin token will be used by tourists and travellers on the Toorister platform to get their travel plans and itineraries. It will also serve as a means of payment for goods and services displayed by sellers and merchants on Toorister platform such as ticket purchase, paying for guided tours etc. As time goes by, the Toorister team intends to integrate hotels, airlines into the system, thereby affording travellers to make payment for these services via the use of toorcoin token.

TOKEN INFORMATION
Maximum supply of Toorcoin is 100million tokens, out of this, 13.5million will be used for the development of the Tootister platform and toorcoin itself, part of this would also go to marketing activities in which the bounty programme is inclusive.

For more information about Toorcoin, kindly visit:
Website: http://www.toorcoin.com/
Whitepaper: https://toorcoin.com/Toorcoin_Whitepaper.pdf
Telegram: https://t.me/toorcoin
Bitcointalk ANN Thread: https://bitcointalk.org/index.php?topic=3478302.0
Twitter: https://twitter.com/toorcoin
Writer’s bountyox username: Crypto4ruby

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