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
We have a winner! The results of Tratok Ltd’s competition are in.
Two weeks ago, we announced a competition to the community in the third edition of our newsletter: Tratok Ltd is launching a 410,000 TRAT prize competition over the next week. To participat..
The Tratok Project comes one step closer to connecting the world
The Tratok Project’s first airdrop scheduled for October 1st 2018 has been successfully completed More than 658 million Tratok was airdropped to 6986 registered wallets in this milestone ..
International Tourist Arrivals: 8th consecutive year of robust growth
International tourist arrivals recorded the highest increase in seven years since 2010, some 84 million more than in 2016, reaching 1.3bn last year, up by 6.8% y/y and well above UN’s World ..
Unethical market practices cause a change in Tratok’s distribution philosophy
The Tratok project exists to make travel more accessible. The project aims to address shortcomings in the industry by leveraging blockchain technology to eliminate fraud, hidden transaction .....
The public asks, “Why do Tratok do things differently?” The reason? Tratok wants to succeed.
The vision behind the Tratok token has always been to make travel and tourism more cost-effective, transparent, free of fraud and fairer to all relevant stakeholders. This mission has always.....
Project Update
As the project continues to move forward, management feels that it is appropriate to share an update with the community on the progress towards realizing the project's goals. Please find bel.....
New features added to the Tratok Project following community feedback.
The team behind the Tratok Project genuinely believe in our product's ability to revolutionize the travel and tourism industry. Our goal is to build a needed service that addresses the requi.....
New milestone achieved
Today the team at Tratok are delighted to announce that we have reached a new milestone, ahead of schedule. The company Tratok Ltd has been formally incorporated in line with all the require.....
Regulation is good for projects like Tratok
There has recently been a lot of buzz generated in recent weeks concerning regulation of Cryptocurrencies and whether such an eventuality is good or bad for the concept. The team behind Trat.....
Meet Our Team
Current Progress