Post
Topic
Board Tokens (Altcoins)
Re: 🚀 [ANN][ICO] BTU Protocol - An open protocol for decentralized reservation 🚀
by
Silicat1510
on 24/06/2018, 04:08:19 UTC
About BTU Protocol
In all booking platforms, we believe that centralization has led to an imbalance where online platforms are gaining more power over the actual service providers who bear the operational costs and investments. Digital network effects are preventing existing players from operating in a free market.

As a result, service providers are experiencing high commission fees ranging from 15% to 35%. Those fees are paid to the centralized “winner takes all” booking platforms.

Other issues with centralized booking platforms include, but are not limited to:

- Loyalty points are platform or service specific,
- End-user confidential information is at risk of large-scale hacks,
- Complementary services offered are limited.