NEO
$16.67 11.18%
NEO · 10w

Travala featured in one of the top newspapers in Vietnam.

[http://kenh14.vn/ung\-dung\-khong\-the\-thieu\-khi\-di\-du\-lich\-20180531002940283.chn](http://kenh14.vn/ung-dung-khong-the-thieu-khi-di-du-lich-20180531002940283.chn) It's so great to see this project being noticed by the press. I hope this will give them the needed traction to get more main stream adoption. I'm going to assume you guys can't read Vietnamese just like me this is what google came up with. **Introducing Travala To The World** These are exciting times for the online travel marketplace. That's because of Travala – the potentially global online travel booking marketplace that utilizes blockchain technology to optimal effect. **Travala \- The New Solution for Travel and Blockchain** Travala is a travel booking marketplace that plans to become a decentralized, trustworthy and zero\-commission travel platform with the help of the NEO blockchain. This will actually be the first of its kind on the NEO platform.While operating a centralized front\-end and a decentralized back\-end, the platform allows suppliers to tweak their listings as well as integrate the benefits of the NEO blockchain onto the AVA engine. This will ultimately lead to the establishment of a trustworthy, secure, and transparent travel booking platform that also drastically limits the costs that usually come with the travel industry.By offering various benefits that other potential competitors do not, AVA plans to tip the scales of the travel industry. These benefits will include a business model devoid of fees; with suppliers given a 0% booking and commission fee. This in turn means that there are no hidden fees pushed back onto the customers. **Features of Travala** The features of the Travala platform are numerous. Some of the advantages include: Considerable speed in the carrying out of transactions is assured by the utilization of the NEO blockchain \(up to 1,000 transactions per second on the NEO blockchain\) The incorporation of a dispute option in each of the bookings made through Travala.com will lead to more booking safety in the event of disputes or discrepancies. For this process, there will need to be a presentation of evidence regarding the issue within the booking/service. Also, the two conflicting parties will need to respond in reasonable time so that an agreement can be reached as fast as possible Honest and candid reviews: this is because the Blockchain technology ensures that reviews cannot be manipulated or tampered with. This will ensure transparent and accurate feedback from real customers and users A peer\-to\-peer interaction function is incorporated into the platform to ensure communication between vendors and consumers. This is revolutionary because it hasn't been done in the travel industry before Users will also have the ability to pay with AVA – as well as several other cryptocurrencies and Fiat currencies. **Why Use Travala?** A lot of competitors within the blockchain travel sector typically make use of the Ethereum blockchain – which operates using the proof\-of\-work protocol. Currently, the Ethereum blockchain doesn't offer the scalability needed for a travel booking platform. This is because Ethereum only processes 15 transactions per second. The travel platforms using it do not have a lot of benefits when considering real\-world use.On the other hand, the Travala platform was created with a mind on real\-world issues to enhance its functionality. Also, its use of the NEO blockchain – instead of Ethereum – puts it above any competition in the crypto space. NEO operates at 1,000 transactions per second which totally trumps the 15 TPS offered by Ethereum. NEO also plans to increase its TPS speed by increasing it to 100,000 by 2020.The cost for each transaction is quite small, which invariably means that users don’t have to worry about price. The cost of a transaction is less than a tenth of a cent. By using the proof\-of\-stake protocol, NEO assures for an economic friendly method – unlike other blockchains which may have economical or environmental issues. In due time, Travala will incorporate government compliance \(which NEO consensus provides\) as soon as advancements in fresh markets across the world commence.
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