Overview GOeureka - Online Booking Platform
GOeureka is an online
booking platform that leverages blockchain technology to tackle current issues
in the travel industry such as high commission structures imposed by online
travel agencies (OTAs) and the fragmented loyalty programmes within the hotel
industry. The platform is a partially decentralised web and app platform to
provide travellers and hotels direct access to communicate with each
other.
GOeureka’s technical
roadmap presents plans for a fully decentralized platform, as well as a loyalty
network blockchain to facilitate interoperable loyalty points across the travel
industry and possibly across the retail industry. This technical whitepaper
outlines the technology behind the platform and the data that will be processed
off-chain and on-chain.
GOeureka aims to develop
an easy to use, reliable Facility and Services booking system with persistent
indisputable records. As with all new systems, much of what is proposed will
evolve over time as requirements change. The web platform will be developed
with a backend built on the Python Django framework while individual components
will be built using a mix of programming languages (HTML, CSS, Javascript,
Golang, etc.) and the mobile application built on the Ionic framework. The
database will be a PostgreSQL database that runs on a cloud server (Amazon Web
Service) with certain data validated and stored on the Ethereum blockchain.
Smart contracts will be ERC20 compliant (though newer standards may be applied
after the time of writing) and customized using Solidity.
ERC20 smart contracts
will be utilized for the security and immutability of data throughout the
platform. To increase performance and keep transaction fees to a minimum,
individual transactions and bookings will be kept outside of the blockchain.
The settlement of all transactions will occur off-chain and fulfilled
transactions will be aggregated each day and sent through the smart contract to
be validated and stored on the blockchain.
It is a key goal that the
GOeureka platform provides for widespread usage, therefore utmost priority will
be given to platform performance, user interface and experience. Majority of
the system will be built in off-chain components but critical information will
be stored in persistent smart contracts. The critical factors addressed
are:
● The design of a secure
mobile wallet that the average user feels comfortable using and is recoverable
by the same user in the event of a lost device.
● The GO token which can
be held, spent or traded.
● The GO credits which
offers preferential rates when purchasing products and services. An exchange allowing the purchase of GO
credits in exchange for GO tokens
● A management system to
allow booking and recording of scarce, non-fungible resources (e.g.
room-nights). Making this booking comes from:
○ payment of deposit in
GO credits (automatic)
○ acknowledgement by the
payment facilities during deposit through classic methods
● A booking and payment
system for less scarce resources - e.g. spa sessions, meals, activities
etc.
PROBLEMS WE SOLVE
LACK OF TRANSPARENCY
LEADING TO HIGHER PRICES
Inequitable commissions
to OTAs ultimately decrease hotels' margins and increase consumer prices
NEGLECTED HOTEL LOYALTY
PROGRAMS
Consumers miss out
accruing points and subsequently free hotel rewards
SEARCH BIAS
The manufactured bias
through modified and reordered search results on OTA's ultimately costs
consumers choice and value
My Address Ethereum : 0x47802D1ae1E09b03d89E4b58A48ac82427b5e90d
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