Bitair was built on the blockchain Ethereum technology. Thus,
clients spend tokens to pay for travel and tourism related services
such as booking airline ticket, making reservations and accessing
other related services.
In fact, recently Bitair was recognized as an effective payment
methods via Asia Pacific Travel PTY Group - A popular online air
ticket agency in Asia such as: Australia, Philippine, Indonesia,
Malaysia. In addition, we are also working with other multination
online vendors: Cheapbooking.com.ph, Cekbooking.com and
Trippyflight.com. These vendors allow the usage of Bitair in order
to purchase tickets immediately.
We started Asia Pacific Travel PTY Ltd (*) doing business in
field of travel & tourism: this has been accepted by ASIC in
Australia that is an official travel and tourism agency by
thousands of airlines (IATA's members) including national airlines
such as: American Airlines, British Airways, Cathay Pacific, China
Airlines, Emirates, Hong Kong Airlines, Korean Air, LOT Polish
Airlines, SIA, Vietnam Airlines... and LCC4 as well: Southwest
Airlines, JetBlue, Ukraine International Airlines, Air Asia, Cebu
Pacific, Vietjet Air, Jetstar Pacific,...
We have more two branches in Indonesia and Philippine operating
travel and tourism activities of outbound and inbound services.
Asia Pacific Travel PTY Group forecasts to generate strong growth
of revenue (over $ 1 billion) in 2017 related to airlines booking
services.
Large volume of passengers have made payment within Bitair
system and our team has also conducted extensive research into
payment options and 65% of questioned passenger said "YES" to
paying by bitair instead of other methods: Visa, cash, bank
transfer, etc.
- Transparency and immutability
Changes to public blockchains are publicly viewable by all parties
creating transparency, and all transactions are immutable, meaning
they cannot be altered or deleted or recovered.
- Low cost
By eliminating third party intermediaries and overhead costs for
exchanging assets, blockchains have the potential to greatly reduce
transaction fees.
- Faster transactions
Interbank transactions can potentially take days for clearing and
final settlement, especially outside of working hours. Blockchain
transactions can reduce transaction times to minutes and are
processed 24/7
- Pseudonymity
All transactions being added to a single public ledger, any wallet
addresses is random characters that cannot intrinsically be
associated with a specific individual. This enables a high degree
of privacy when required.
- Security and integrity
Blockchain is maintained by a large network of participants, no one
actor can easily gain enough influence to submit a fraudulent
transaction or successfully alter recorded data. Users can trust
that transactions will be executed as the protocol commands
removing the need for a trusted third party.
- High quality data
Blockchain data is complete, consistent, timely, accurate, and
widely available.
