Blockchain
Tratok deploys a new blockchain ecosystem, reinforcing the UAE’s position as a tourist superpower
The UAE’s position as a tourist superpower is about to receive a further boost thanks to Tratok, a Dubai-based blockchain-powered token that seeks to give the tourism sector a competitiveness overhaul by increasing profitability and cutting costs. With the elimination of fraud, huge commissions and transaction costs, Tratok creates an ecosystem that can give service providers up to 30% more revenue and 180 days faster cash flow turnover, and allow them to take back control of their inventory. Consumers will also gain from lower costs, transparent pricing, verified reviews and a truly global rewards program.
Cryptocurrencies are too often associated with fraud, lack of transparency and sharp volatility, whereas Tratok is a visible example of the tangible benefits blockchain technology can provide. Rather than jump on the cryptomania hype, Tratok uses blockchain technology to create a new travel and tourism ecosystem eliminating dozens of problems which plague the tourism sector. While other cryptocurrency contemporaries raised millions of dollars in public funding via coin offerings but have delivered little else to date, Tratok is a token that addresses real issues and challenges in the USD8.3 trillion tourism sector. This privately funded disruptor, led by a team of world-renowned professionals and specialists, stands seven months ahead of its own development schedule. By launching in Dubai, Tratok will take inspiration from the Emirate’s leadership to create the ideal smart city.
Tratok has already enjoyed widespread public adoption. International supporters and holders measure in the tens of thousands and Tratok has access to liquidity markets in excess of USD $300 million daily. Strong support, real-world application and measurable progress have propelled TRAT’s price 728% since November 2018, despite the cryptocurrency market volatility. The situation is solid enough, that unlike other startups which have taken from the public, Tratok has given to the public. This philosophy is reflected well in the company’s latest project – a charitable arm which provides travel opportunities to those from less privileged backgrounds.
The reasons are crystal clear. “The public is becoming increasingly aware of the benefits of blockchain technology,” commented Mohammed Altajir, Tratok’s Custodian. “In an industry with ever-increasing competition and tighter margins, service providers are willing to embrace a solution that boosts revenue while exposing them to the new generation of tourists with no commitment and minimal risk. It is the future.”
Starting Aug. 18, consumers will be able to benefit from Tratok’s direct partnerships with hospitality providers in the United Arab Emirates, with a selection of five-star hotels going live. An industry first, Tratok aims to build on this success as the team continues to add more value to the industry every single day.
SOURCE Tratok
Blockchain
India Electronic Contract Services Market to Worth Over US$ 624.33 Million By 2033 | eSignature Demand Among Financial Institutes to Remain High Says Astute Analytica
Blockchain
UNICC and ShelterZoom Developed a Secure Document Tracking and E-Signature Solution for the UN System
The United Nations International Computing Center (UNICC) and ShelterZoom are pleased to announce a new innovative blockchain-based solution for controlling and protecting the digital data of UN entities and other international organizations. As the largest strategic partner for digital solutions and cybersecurity within the UN system, UNICC has partnered with ShelterZoom, a leading data and content protection and ownership SaaS company behind innovations such as Document Token® technology and Document GPS®.
Building upon the 50 years of experienced innovation from the UNICC, the two organizations collaborated on a transformational undertaking offering robust protection and promising increased productivity for document tracking and management. ShelterZoom will contribute its proprietary document tokenization technology, along with its data protection, document tracking and e-signature solutions to deliver a white-labeled platform, giving member organizations a greater level of governance over their content. Using ShelterZoom’s flagship proprietary Single Source Of Truth® technology, the solution provides a means for each file to be protected individually without changing user normal habits instead of having to rely solely on protecting files at the database level. This ‘singularity and control’ is a new era in cybersecurity and document management, which has never been seen before at this level of seamless integration with existing tools.
“The synergy between what we deliver and the goals of the United Nations are a perfect match for Single Source Of Truth,” said Chao Cheng-Shorland, CEO and Cofounder of ShelterZoom. “We have said from the beginning that it is time to think about cybersecurity in a completely new way and in doing so we have created a solution to address other operational pain points while simultaneously solving one of the biggest challenges facing the global population today. The UN is at the frontlines of changing the world for the better and its forward-thinking approach to using technology to address fundamental issues is critical in improving livelihoods for all.”
ShelterZoom solutions have already been in use across dozens of industries and with this new commercial partnership, they can now extend their usefulness to the UN family and other international organizations. The revolutionary method for complete document tracking with built-in productivity tools, such as digital signatures and a market-first method for organizing files inside email, is an all-in-one solution built for a global workforce. The Single Source of Truth model has the added benefit of decreasing the carbon footprint created by excessive digital waste, further supporting the sustainability goals of the United Nations.
“The need for robust cybersecurity and data protection has never been greater,” said Sameer Chauhan, Director of UNICC. “By working together with ShelterZoom, we have developed a cutting-edge tool tailored to the needs of the UN family. Our unwavering commitment to providing best-in-class solutions ensures we continue to support the digital transformation and modernization of the UN system and other international organizations.”
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