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 costs, excessive commissions from financial service providers and online middle mean, and ensure a transparent marketplace with fast booking times and efficient approaches to amendments and refunds. The world-renowned team behind the project believe in the power of blockchain technology to revolutionise the existing sector models and have demonstrated that they can increase service provider profitability by more than 30% while at the same time resulting in lower costs for consumers. However, the same feasibility studies also demonstrated that in order to impact the industry with the desired effect, widespread adoption of the token was required. It was under this philosophy that the…

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 below an update on the current status of the project. The team remains committed to transparency and free communication of information and progress and milestones and will share regular updates with the community as appropriate. Please click here to find May's project update

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 requirements of all industry stakeholders. We understand that in order to realise the project’s objectives, the end product and service needs to add value to the industry.  Therefore it is of paramount importance to our vision that every stakeholder has the best possible user experience. While we have assembled a highly experienced and competent team, we understand that nothing is perfect and there are always ways to improve and therefore we place great emphasis on listening to constructive feedback from the community and implementing changes if we feel that they add value. One of our focuses has been the elimination…

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 Tratok have thus far avoided making comments on such as we believe our efforts are best spent on ensuring that we provide the best possible solutions to the existing problems we wish to address in the Travel and Tourism sector.   However, after receiving many enquiries on how we feel this may affect the project and our visions, we have decided to publicly take a stance on the issue. We believe that regulation of the industry is a positive thing. It helps separate the illusions and magic beans from the potential growth engines that can feasibly make a difference…