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March 26, 2018
Despite the recent plunge of Bitcoin, Cryptocurrency still remains popular as ever. Economic and political uncertainties have steered the public towards Cryptocurrencies for private and secure exchanges, you know, instead of relying on traditional currencies. But the finance is not the only industry Cryptocurrencies are targeting; CryptoBnB is a Blockchain-based Cryptocurrency platform that seeks to revolutionize the hospitality industry.
CryptoBnB is a hospitality marketplace that matches travelers looking for accommodation to available short-term rentals wherever they are. CryptoBnB uses technologies such as Big Data and AI in Blockchain as well as smart contract system to help travelers search for proper accommodation efficiently. CryptoBnB doesn’t want to introduce new accommodation spaces; the platform will be using the existing options but will provide better flexibility, lower overall fees, and more efficiency when searching.
CryptoBnB Main Goal
CryptoBnB is basically a hospitality app, but cheaper and more efficient. One of the biggest problems with Air BnB and other hospitality apps is that their services are too expensive. Travelers looking for short-term rentals, say a week or just a couple of days, end up paying the highest accommodation fees. Additionally, with these apps, some tenants end up trashing the host’s place and get away with it for just a small fee even when the damage is big.
CryptoBnB’s main aim is to put an end to some of these problems by improving trust between the host and the tenant. When there’s trust between the two, fees will go down and tenants will be more careful not to destroy anything in the house. Simply put, CryptoBnB uses its smart contract system to increase responsibility on both sides, the host, and the tenant, and incentivize them to work together. Tenants can enjoy better, cheaper services. The hosts, on the other hand, get faster asset turnaround and increased ROI.
CryptoBnB Components
CryptoBnB has a lot of features that are designed to improve service delivery for tenants. Some of the major components of the CryptoBnB Blockchain are its Crypto DNA Smart Wallet, AI-powered peer-to-peer marketing, and an enhanced search engine, these are the features that make CryptoBnB stand out. The smart wallet is CryptoBnB’s best feature; it’s the driving force behind the platform’s enhanced search engines and smart contracts.
The Blockchain also uses AI data to improve the hosts’ ROI and provide a more targeted market campaign with its peer-to-peer mechanism. CryptoBnB is the only blockchain-driven platform to use AI and Big Data to enhance the capabilities of its search engine. CryptoBnB ensures that travelers are matched to their ideal listings with its combination of search data, user preferences, and transaction history.
Conclusion
CryptoBnB is the first hospitality marketplace platform that’s supported by Blockchain, big data, Artificial Intelligence (AI), and advanced tokens. CryptoBnB was designed to be efficient, practical, and simple to use. It gives hosts and users an opportunity to work together and develop a market that’s safe, affordable, and easily accessible for all.