Tratok becomes even more efficient with increasing speed, reduced costs and enhanced ease of use

Tratok becomes even more efficient with increasing speed, reduced costs and enhanced ease of use

Company, Dubai, Progress, Tourism, Tratok, Website
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 strongest considerations. It follows the analysis of 3212 surveys from members of the public who were unfamiliar with blockchain technologies. On the back of the insightful results and feedback, Tratok’s payment gateway is changing for simplicity of use with the general public in mind. The ideal time for this change is the present, as Tratok is about to expand massively and deploy new features into the ecosystem and start marketing itself to the general public. Implementation of this change at a later date would only serve to complicate matters and it is betterer adopted now before the next phase…
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Tratok announces the countdown to our next development with the community

Tratok announces the countdown to our next development with the community

Company, Dubai, Progress, Tourism, Tratok, Website
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 associate with Tratok, the world's travel token. [wpdevart_countdown text_for_day="Days" text_for_hour="Hours" text_for_minut="Minutes" text_for_second="Seconds" countdown_end_type="time" hide_on_mobile="show" end_date="03-01-2020 23:59" start_time="1578055011" end_time="6,23,59" action_end_time="hide" content_position="center" top_ditance="10" bottom_distance="10" ][/wpdevart_countdown]
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With a stonger community, Vision 2020 becomes even stronger!

With a stonger community, Vision 2020 becomes even stronger!

Company, Dubai, Progress, Tourism, Tratok, Website
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 projects by the use of spambots. In the final purge before the team goes ahead with Vision 2020, our team worked in conjunction with IpQuality score and other NSA grade security tools to rid the community once and for all from these undesirable elements. At the 99% confidence interval, bans were issued for the following (a combination of at least three in 94% of all cases): Those found to be bot accounts. (Instant Ban) Those found to have multiple of their registered social media accounts suspended. Those found to have registered multiple accounts. (Instant Ban) Those who failed to respond…
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Tratok – Vision 2020

Tratok – Vision 2020

Company, Dubai, Progress, Tourism, Tratok, Website
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 October 2019. While many see regulation as a hindrance to the industry, Tratok’s management have already been clear on our views on regulation and are proud to announce that after close scrutiny by legally qualified and licensed professionals, we are confident that our platform, project and legal structure are fully in symbiosis with the legal environment. This setup took a lot of time, money and restructuring to become fully compliant, however it is an essential foundation for the next stages of development. Before look to the road ahead, our team wishes to share a few highlights…
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Tratok deploys an all encompassing activities plugin into the Tratok ecosystem

Tratok deploys an all encompassing activities plugin into the Tratok ecosystem

Company, Dubai, Progress, Tourism, Tratok, Website
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 the destination more than previous generations ever have. Never before has there been a greater desire to understand and reach out to different people and understand their way of life, their customs and their rituals.   Times change, generations evolve and so must the world. Tratok is in constant evolution. It is precisely because your trip should not be limited to merely travel and lodging that Tratok has launched the Activities Ecosystem - a world of activities in each destination which can easily be facilitated through the Tratok booking platform and paid for in Tratok. More…
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Tratok hits the airwaves and makes debut with Dubai Eye’s The Agenda show

Tratok hits the airwaves and makes debut with Dubai Eye’s The Agenda show

Company, Dubai, Progress, Tourism, Tratok, Website
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 Agenda. Dubai Eye is the leading English talk radio station in the UAE, reaching 327,000 listeners every week and is an ideal platform to casually explain to the Dubai public how Tratok is moments away from revolutionizing the travel ecosystem. The studio atmosphere was very comfortable and the public asked some very interesting questions. Thank you, Tom and Zeena for hosting a great topic and many thanks to the general public who tuned in to ask interesting questions. For those of you who missed it and for our international supporters around the world, you can catch up with the podcast below. This…
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Pilot guests arrive, the unlock process starts, the war on fraud is won.

Pilot guests arrive, the unlock process starts, the war on fraud is won.

Company, Dubai, Progress, Tourism, Tratok, Website
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 success, the guests enjoying themselves, and teething problems being practically non-existent. With the feedback from the stakeholders (client and service side), we have refined some of our processes to smoothen the process and soon we look forward to welcoming all of you very soon first in Dubai and then the rest of the world as we expand. At the same time, the swap deadline has passed as of October 5th, and the wallet unlock has started. We understand there are some frustrations with this, as it has taken a few days longer than expected. It…
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Ahead of our 25th September launch, the team is actively protecting the ecosystem

Ahead of our 25th September launch, the team is actively protecting the ecosystem

Company, Dubai, Progress, Tourism, Tratok, Website
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 to the world. Tratok was given away for free via airdrops. As can be seen from the company wallets (found here), not a single Token held by the company, development team or advisors has ever been liquidated or moved. They cannot be as the custodian, Mohammed Altajir, has these all locked by smart contract functionality and stored on hardware wallets at a bank deposit box. Naturally, when a project progresses and delivers a product and grows in value as Tratok has, opportunists will attempt to profit from the system via dishonest means. They have picked the wrong privately…
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Is there such a thing as too much anti-fraud? Apparently there is!

Is there such a thing as too much anti-fraud? Apparently there is!

Company, Progress, Tourism, Tratok, Website
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 since it was a Friday (a non-office day in the UAE). In short, our anti-fraud measures were too strong. So what happened? Let us break it down for you. As many of you know from our previous updates, we have automated filters built into Tratok to protect the community. Instead of opening on 2nd September as agreed, the good team at Hotbit were uber-efficient and opened as soon as they completed the swap. (We cannot blame them for being faster at their jobs than expected, and it is a credit to them, that they worked…
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Scam Alert: A gang is targetting the public with old TRATOK

Scam Alert: A gang is targetting the public with old TRATOK

Company, Dubai, Progress, Tourism, Tratok, Website
It has come to our attention following the swap that a certain community attempted to defraud Tratok Ltd and the public. The unofficial “Tratok Africa” chat, set up by so-called supporters appears to have been a highly co-ordinated scam organized with evil intentions. Out of 206 members of this community, 177 (over 85%) attempted to cheat the system following the upgrade of the contract. As shown and confirmed by the blockchain, and in what is clearly a coordinated action, fraudulent actors attempted to move over their old tokens to the exchanges in order to try to obtain duplicate swaps. Once we became aware of this and halted it, these criminals attempted to defraud the public via the sale of the old tokens through the decentralized exchanges, taking advantage of members…
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