The Tratok Token
Blockchain technology leveraged to add value to the travel and tourism industry
Whitepaper About
What is Tratok
The Tratok token is a unique token which will be used on the Tratok Travel application to make bookings for travel and tourism services. Be it reserving a hotel room, booking a flight or renting a car, this multiplatform application will result in more economical, hassle-free arrangements for clients and service providers alike. By using blockchain technology to disrupt the existing business model, Tratok offers significant advantages over existing conventional platforms. Principally, it lowers transaction fees, eradicates the need for middlemen, saves time on bookings and results in more profit for service providers and savings for consumers. With stakeholder experience as the main priority, the Tratok project seeks to revolutionise the USD 7.6 Trillion travel and tourism sector and set a new standard.
OPTIMIZATION OF RESERVATIONS
Cost Transparency
Unfortunately, it is often the case that the price represented to an individual is not the final price that the consumer is asked to pay. Often w.....
The Inefficient “Middleman”
In the 21st century, the majority of us are capable of finding information for ourselves. It defies logic that there should still be a “Middleman..
Refunds And Fund Freezing
Issues with the reclamation of payments for cancellation has remained a consistent problem with electronic reservations. This is for a multitude .....
Extreme Transaction Costs
Online reservations, despite the client doing the majority of the work, have significant transaction fees. Among these fees include charges impos.....
Foreign Currency Exposure
Due to fluctuations in currencies, in conjunction with mark-ups that financial institutions provide on foreign currency transactions, purchases i.....
Communication Problems
Communication remains another shortcoming. Whether you are getting in contact regarding a cancellation, a refund or for any other reason, it can .....
Latest news
Q2 2020: Great challenges ahead will yield great opportunity and value.
The team wanted to take a moment to update you on the situation during these difficult times. As we have just started the second quarter of 2020, this seems like the ideal time. This w.....
Tratok announces our summary of progress over the first half of Q1 2020
Halfway through the first quarter of the year, the team would like to summarize the 23 updates and milestones reached thus far. At almost four important updates per week, 2020 has started st.....
Don’t believe the hype! The numbers are fake! Tratok is not growing!
Tratok has always been different. In an industry that is overcrowded with fraud, we have always ensured we champion technology and products and results over bogus promises and magic beans an.....
Tratok announces one million prize giveaway to the public
With the finishing touches being implemented into the Tratok travel ecosystem, our team has come up with a fun away for the public to win some nice prizes. One hundred (100) prizes of ten th.....
Tratok is an evil entity – The facts that everyone should know!
With all the rumours coming out of the bot communities and from TOS violating airdrop hunters (who can't even get the name of the token right), Tratok felt it the duty of the project members.....
Tratok’s Travel Ecosystem Apps go live this weekend
The first update of 2020 kicks off with the release of Tratok’s travel applications for IOS and Android. In conjunction with the release of last month’s third-generation ecosystem, this is a..
Tratok becomes even more efficient with increasing speed, reduced costs and enhanced ease of use
Before Tratok deploys the next stage there will be a fundamental change in the way the ecosystem operates. This change is being done with simplicity, wide-scale adoption and security as the .....
Tratok announces the countdown to our next development with the community
In the race to excellence, there is no finishing line! The core development team is working hard throughout the holiday season, continuing to deliver the quality products that the public ass.....
With a stonger community, Vision 2020 becomes even stronger!
Tratok has always promised the community that it would never accept fraudulent or malicious behaviour. Such criminal behaviour not only wastes time and resources but also hurts the image of .....
Tratok – Vision 2020
2019 was a year of challenges and milestones for the team at Tratok as well as the industry. Importantly for the health of the industry, new regulations were drafted in the second half of Oc.....
Tratok deploys an all encompassing activities plugin into the Tratok ecosystem
Tratok is about opening the world to the next generation of smart travellers. By nature, this generation is curious to know more, to go off the beaten path and adventure into the culture and.....
Tratok hits the airwaves and makes debut with Dubai Eye’s The Agenda show
Tratok's custodian, Mohammed Altajir, had the great pleasure to be invited and receive a warm welcome from Tom Urquhart and Zeena Azlamea-Turner, the hosts of Dubai Eye's popular show The Ag..
Pilot guests arrive, the unlock process starts, the war on fraud is won.
It has been a busy two weeks for the team at Tratok. From welcoming our pilot guests from the United Kingdom to cleansing the community, it has been busy. The pilot tests were a massive succ.....
Ahead of our 25th September launch, the team is actively protecting the ecosystem
Tratok started with the vision of being the world’s travel token. For this to work, the team’s leadership decided to make Tratok available to widespread adoption and bring the gift of travel..
Is there such a thing as too much anti-fraud? Apparently there is!
Many of you would have realised that something strange happened on Tratok’s new smart contract over the last few days. The matter took a long time to investigate and get to the bottom of as ..
Meet Our Team
Current Progress
