ICO Today Magazine News
Further Network has started a Blockchain project which will provide a real-time solution for Settlement and Payment problems in Travel Industry. Further introduces new functionalities like Customizable & Transferable Airline Ticket, Hotel Reservations and also second hand market for all type of tickets.
- New Peer-to-Peer Airline and Travel Network which allows to settle & pay every provider in real time with Further's digital currency.
- Further disrupts all centralised models like IATA, BSP (Billing and Settlement Plan),GDS (Global Distribution Systems),ACH (Automated Clearing House) or Banks with "innovative decentralized governance model" for Airline & Travel industry which means liberalisation for the Industry.
- We also proud to introduce Smart Travel Record (STR) which is a Smart Token holding key data about your travel asset (airline ticket, hotel reservations...etc). Ticket and/or hotel reservation will be made through STR, which will have the ability to be exchanged, divided, combined and changed ownership while helping to accomplish the settlement and payment process.
- Further brings "the single settlement - payment account opportunity" named as "Universal Decentralized Billing Settlement Payment Platform" to Travel Agency Ecosystem to make possible to real-time and Peer2Peer settlement&payment with its own digital currency.