Travala Partners with Binance to Provide Decentralized Services

Travala has started making plans to be a complete decentralized online travel company.

Travala.com has made known its plans to leverage on Binance Chain to become a decentralized service.

The decentralized services that Travala travel agency is looking at rolling out include reviews, referral system, salesforce, and room reservations. According to the Travala’s CEO, Juan Otero, the firm has a plan to make users book for whatsoever they want with property owners by using the decentralized feature of blockchain:

“Under this decentralized model, accommodation seekers will be able to book stays without the need for an intermediary. Said another way, individuals seeking to rent an apartment, bedroom, or hotel room will be able to deal directly with property owners.”

The CEO further explained that his company’s role will be to make available the technology needed for users to book for their accommodation, settle disputes and rate their level of satisfaction. Owners of accommodations will be able to hear directly from their customers and provide first class care to them.

Apart from being known as a decentralized accommodation reservation platform, Travala also aims at becoming a decentralized review service. Their review system will be such that alterations cannot be done once submitted.

The CEO said another plan it has to make sure only honest reviews are sent is the use of tokenized incentives. In addition, reviews for a particular location will only be submitted by those who have been there in the past and this will be ensured by checking the reviewer’s travel history with the firm.

At the moment, the CEO doubts the possibility of making every aspect of the firm provide on-chain transactions even though he has not stopped working towards that. He said:

“Realistically we will have to phase out what aspects of the [firm] are on-chain. As we are closer to the implementation of certain features we will review the trade-offs of being on-chain versus off-chain.”

Travala.com has been in the news for other reasons and this one focuses on its big plan to be more accepted globally.

Travala and Agoda’s recent deal which saw another 600,000 hotels added to the travel agency’s platform is still fresh in memory. In July, it was Travala and Expedia working together to give travelers the opportunity to choose from more than 700,000 accommodations. July’s addition made Travala to increase its accommodations by 68%.

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