Blockchain in the Travel Industry - A Revolution in Payment Processing

Presented By: TripX

Wednesday, November 08, 2017 1:30 PM – 2:05 PM
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Blockchain payment platforms will revolutionize consumer and B2B payment processes. Real-time payment processing is now possible with cost reductions in billing, invoicing, payment, processing, collections, deposit, accounting, audit and reporting functions. By replacing manual processes with smart contracts, savings can be over 60%. In many cases, this doubles EBITDA for numerous primary suppliers and their resellers. Tripcoin is a fixed-price digital currency that enables any travel company to take payments from existing digital currency users. These users are expected to exceed 100 million in 18 months. Explore a roadmap that enables companies large and small to integrate blockchain into their existing booking platforms to massively reduce complexity and costs. Share and hear the challenges and opportunities this brave new world offers.