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Winding Tree is a decentralized tourism ecosystem that provides an open source distribution infrastructure for highly concentrated tourism. Líf token is the most important underlying technology of the Winding Tree platform and can be used for platform payment and platform management.
Winding Tree is a blockchain-based decentralized open-source travel distribution platform. We make travel cheaper for end users while making it more profitable for suppliers. No centralized control means no exorbitant transaction fees and no barriers to entry. Furthermore, we allow small companies to compete with the big ones, ultimately bringing innovation back to the travel industry. Suppliers can distribute inventory directly to points of sale, skipping costly intermediaries and data bottlenecks. Sellers of travel services can access inventory from all suppliers from one platform, with no markups and no barriers to entry.
Winding Tree is the only public non-profit blockchain, striving to create a platform where the entire industry will benefit. Winding Tree is powered by a public permissionless blockchain, and even the creators of the platform cannot change its rules. The goal is to drive adoption of the platform, and we're going to make it as easy as possible for startups to build consumer-facing products on top of it.
No booking fee
Winding Tree does not charge suppliers any distribution fees. Regarding transaction fees, Winding Tree will only charge a negligible fee to incentivize miners to provide computing power to the network. These fees will be automatically calculated by the blockchain at the time of transaction and are not linked to the total amount of the booking.
No Downtime
Winding Tree will be deployed on one (or several) public blockchains, which guarantees its 100% uptime.
Real-time transactions
Winding Tree is a fully automated solution that integrates directly with travel suppliers' reservation systems. Transactions on our platform happen within seconds. This time is determined by the time it takes for the blockchain to mine a block.
Bundle
With Winding Tree, bundling will become extremely simple. Whether you already have an existing relationship with a provider of a service that complements yours, or whether you want to establish a partnership, our platform will help you do so in the most streamlined way possible, because the provider also uses Winding Tree.
Open Collaboration
The code of Winding Tree will be open source and completely transparent, and anyone can study and make suggestions for modification. This is one of the first open source projects in the travel space.
More importantly, this platform will be owned by the community, and market participants will be able to create and vote on proposals to modify the market code through the platform governance tools we are currently building.
Focus on developer experience
Ten years ago, it was enough for a travel agency to have a mobile phone and a laptop, but now they have to be active on social media, understand online advertising, etc. Travel agency suppliers and sellers alike have to embrace a new reality driven by technology, which is why our platform is built by engineers for engineers, as labor costs are the number one expense for any software company P&L and working with legacy systems can be a huge drag Slow software development.
Bank-grade security
The security of data traded on our marketplace is our top priority. We use public key cryptography to ensure that no one other than the parties directly involved in the transaction can see the details of the transaction.
Open consensus mechanism
One of the most important aspects of Winding Tree is that it is a public decentralized computing platform that adopts an open consensus model rather than a consortium model. We firmly believe that only a permissionless architecture, where anyone can freely participate in the network, can solve the problems we have stated above.
Related links:
https://cloud.tencent.com/developer/news/121540
https://www.traveldaily.cn/article/120815
https://0xzx.com/20190430194352790.html p>