GOeureka is an online booking platform that leverages blockchain technology to tackle current issues in the travel industry such as high commission structures imposed by online travel agencies (OTAs) and the fragmented loyalty programmes within the hotel industry. The platform is a partially decentralised web and app platform to provide travellers and hotels direct access to communicate with each other.
GOeureka’s technical roadmap presents plans for a fully decentralized platform, as well as a loyalty network blockchain to facilitate interoperable loyalty points across the travel industry and possibly across the retail industry. This technical whitepaper outlines the technology behind the platform and the data that will be processed off-chain and on-chain.
GOeureka aims to develop an easy to use, reliable Facility and Services booking system with persistent indisputable records. As with all new systems, much of what is proposed will evolve over time as requirements change. The web platform will be developed with a backend built on the Python Django framework while individual components will be built using a mix of programming languages (HTML, CSS, Javascript, Golang, etc.) and the mobile application built on the Ionic framework. The database will be a PostgreSQL database that runs on a cloud server (Amazon Web Service) with certain data validated and stored on the Ethereum blockchain. Smart contracts will be ERC20 compliant (though newer standards may be applied after the time of writing) and customized using Solidity.
ERC20 smart contracts will be utilized for the security and immutability of data throughout the platform. To increase performance and keep transaction fees to a minimum, individual transactions and bookings will be kept outside of the blockchain. The settlement of all transactions will occur off-chain and fulfilled transactions will be aggregated each day and sent through the smart contract to be validated and stored on the blockchain.
It is a key goal that the GOeureka platform provides for widespread usage, therefore utmost priority will be given to platform performance, user interface and experience. Majority of the system will be built in off-chain components but critical information will be stored in persistent smart contracts. The critical factors addressed are:
- The design of a secure mobile wallet that the average user feels comfortable using and is recoverable by the same user in the event of a lost device.
- The GO token which can be held, spent or traded.
- The GO credits which offers preferential rates when purchasing products and services. An exchange allowing the purchase of GO credits in exchange for GO tokens
- A management system to allow booking and recording of scarce, non-fungible resources (e.g. room-nights). Making this booking comes from:
○ payment of deposit in GO credits (automatic)
○ acknowledgement by the payment facilities during deposit through classic methods
- A booking and payment system for less scarce resources – e.g. spa sessions, meals, activities etc.
Booking & Inventory Platform
The web application platform will host a booking platform for travellers and a hotel inventory system for hotels. Travellers will be able to search and book hotels. Hotels can update room inventory and prices directly or integrate with channel managers. A majority of hotels manage their inventories using channel managers as a single point of management, therefore GOeureka will provide necessary APIs (Application Programming Interface) for integration. GOeureka will also work directly with major channel managers to automate the integration process for hotels.
Rebooking Feature
Travellers will enjoy automatic post-booking discounts for their stays through GOeureka’s patent-pending rebooking feature. The GOeureka rebooking algorithm detects when a hotel rate drops, and automatically re-books an existing booking (qualified bookings that have not passed and are within valid cancellation policies) at the lower rate. Travellers will be notified of their discounted stay.
When hotels choose to drop their rates on the GOeureka platform, they will receive a summary report on the affected bookings and the total discounts provided by the rate cut. This will allow hotels to make true informed decisions that are beneficial to themselves and their guests.
For More Information :
Website : https://goeureka.io/
Ann Thread : https://bitcointalk.org/index.php?topic=3382526.0;all
Whitepaper : https://goeureka.io/#download
Twitter : https://twitter.com/goeurekatravel
Facebook : https://www.facebook.com/GoEurekaTravel/
Linkedin : https://www.linkedin.com/company/27176560/
Telegram : https://t.me/goeureka
AUTHOR : https://bitcointalk.org/index.php?action=profile;u=2253940;sa=summary
Address : 0x251653e78c2d7B75a4071F9C858dC8Fbcb53825e
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