Mar 30, 2018
A public inventory and an open protocol lowers operational costs while allowing a fair competition between a higher number of market participants.
All platforms implementing the BTU protocol would benefit from a hybrid approach combining an on-chain smart contract and off-chain software components, providing more scalability.
The Booking Token Unit (BTU) protocol involves an ERC-20 token (BTU token) working conjunction with our ERC-808 standard booking smart contract.
Attention. There is a risk that unverified members are not actually members of the team
PositivesDedicated Team: Vidal Chriqui is the managing director of the platform. BTU’s team has an extensive background in distribution systems and big data. Because of this, their team is expected to complete the project and bring value to their users.Targets Multiple Markets: With BTU, it’s able to target markets such as the entertainment, utility, sports, transport, beauty, and other industries.Reward Mechanisms: BTU tokens are used to reward users who participate in the protocol. Bookers are rewarded with BTU tokens when they’re mining successful bookings.NegativesBooking Security: How does BTU make sure that users who are creating bookings on this platform have their data protected?MVP: BTU needs to release an MVP so that we can see how its booking process works in an open market.
The platform is very real with a verified and experienced team. They are attempting to make the industry safer for all users, by improving the way their identities are protected. There is no ICO as of now, but it would be a smart idea to keep an eye on Booking Token Unit Protocol.
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