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Tripio is a market platform that provides decentralized travel services based on the blockchain. It is committed to directly linking global travel service providers and consumers through the decentralized blockchain network. The future travel service ecology of trust, incentives, and zero commissions provides revolutionary solutions to the problems of lack of bilateral credit, fraudulent reviews, and high commissions in traditional OTA platforms.
The Tripio project adopts Ethereum's public distributed ledger technology, and builds online services and identity registration systems, payment and transaction systems, credit systems, and dispute resolution systems based on Tripio smart contracts. Users can use TRIOToken to make accommodation reservations on the platform, enjoy a price 10%-30% cheaper than the market, and enjoy a safer and more convenient reservation service.
Tripio is a blockchain-based decentralized travel service market platform. Directly link global travel service providers (enterprises or individuals) and consumers through a decentralized blockchain network, and build a future travel service ecosystem based on trust, incentives, and zero commissions with travel accommodation reservations as the entry point. Tripio consists of front-end applications and a series of smart contract protocols (TripioProtocols). Users can directly use Tripio's dAPP (DecentralizedAPP), and any third party can build their own dAPP by using the smart contract protocol provided by Tripio.
Project Vision
Restructuring the Incentive Mechanism
The value that the current sharing economy brings to community participants has not increased with the growth of the market. Tripio will reconstruct the incentive mechanism, adjust and optimize the value distribution of the market through TRIOToken, and continue to motivate participants in the sharing economy community.
Reconstructing the credit mechanism
Tripio builds a credit system through the public distributed ledger of Ethereum to provide ecological participants with a trust-based and secure user experience.
Reduce economic costs
Based on Tripio smart contract, use TRIOToken for accommodation booking, service providers do not need to pay any commission, and greatly reduce operating costs; users will use lower prices to obtain better services.
Project advantages
The Tripio project is developed based on the smart contract of Ethereum. Ethereum is a consensus-based, scalable, standardized, feature-complete, easy-to-develop and collaborative basic blockchain. Through Ethereum's built-in Turing-complete virtual machine technology, Tripio redefines transaction methods and state transition function rules, and builds various smart contracts in travel services.
Service and Identity Registration System
The service registers the service content and terms (Listing) through this system, and the user needs to complete the KYC (KnowYourCustomer) authentication through this contract. User information will be encrypted and stored, and only after authorization can service providers access user personal information based on service and compliance requirements.
Payment and Transaction System
Consumers can use any fiat currency or digital currency (such as ETH, LTC, XRP or even TRIO) to purchase services. Through the payment and transaction system, Tripio provides legal currency or digital currency payment and settlement according to the needs of the service provider or the user. The payment and transaction system will lock the funds until the service is completed and approved by both parties.
Credit System
After the transaction is completed, both parties to the transaction can make mutual ratings and comments. Ratings and comments will be stored in the blockchain. The ratings and comments made by each participant in the Tripio ecosystem form the basis of the entire ecological credit system. The credit influence of participants will be reflected in the economic behavior of the ecosystem. ·Dispute resolution system When there is a dispute in the service process (such as the renter damages the lessor's furniture, the hotel does not provide the promised WiFi service, etc.), the system will automatically set up a dispute resolution committee to make a referee. The party that raises the dispute needs to provide a certain amount of TRIOToken as a reward for the dispute resolution service.