Blockchain technology and Cryptocurrencies are the two innovative technologies that have brought in a new breath of life in most of the tasks we used to indulge in. The blockchain is the distributed database that makes use of cryptography for maintaining a ledger of transactions without the need for any centralised control. The concept of cryptocurrency has been disrupting several established payment systems and goes a long way in breaking the monopoly of select payment solutions. One such disruptive technology aimed at innovating the Air travel is Cruisebit. What it is and how will it change the travel scenario globally? Let us check it out in the following paragraphs.
Cruisebit Coin – An Overview
There are several impediments in a way for travellers and their travel destinations. In fact, people travel for the purpose of getting stress free, but the rules and regulations make it more stressful and making it more stressful.
Under normal circumstances, the transactions take a lot of layers and tend to be quite complex. This renders the transactions costly. Cruisebit makes an attempt at changing it for better. It provides you with an instant transaction thus ensuring reliable, secure and faster payment solutions. There will be no uncertainties or delays. The payments get realised within a span of just 2 to 3 seconds.
The Applications of Cruisebit Coin
Cruisebit is set to introduce the Cryptocurrency in the form of its own token – CRBT. It plans a few advancements in the arena of cryptocurrency applications. A few application areas that CRBT plans to function are
Mobile and Online Games
The mobile gaming industry has been growing consistently over the last few years. CRBT has been looking for the options in making its presence felt in the Mobile Gaming arena. Cruisebit has been planning an introduction to mobile games by around December 2019.
Enhanced Travel Experience
Cruisebit plans to introduce a web portal for facilitating air travel and hotel booking. The transaction would be safer, faster and easier for the travellers. The existing business practices and models are planned for a changeover. Cruisebit will make use of big data analysis, artificial intelligence and collective intelligence for the purpose. The development has been planned for November 2018.
E-Commerce
If you are looking for a global marketplace for the hardware needs for crypto mining. Cruisebit connects the international community with the major products. You would also be able to earn money or rewards by participating in these online markets.
The CRBT ecosystem has been designed to offer several other services. However, these areas will be introduced in phases. Some of the areas that have been earmarked and may find the use of CRBT coins will be ѕtосk еxсhаngе trading, сrурtоniѕаtiоn (securitisation) оf equity, equity trаding & management, сrурtосurrеnсу еxсhаngеѕ, е-соmmеrсе, inter-business trаnѕасtiоnѕ, аnd соmmоditу trading & mаnаgеmеnt. The development may take a while to be realised though.
The Parting Thoughts
The Cryptocurrency is the right option to disrupt the monopoly of the cryptocurrency. Cruisebit is indeed one such option. It removes the middlemen and streamlines the functionality. It has plans ready to build up an ecosystem to bridge the crypto coins and fiat currencies.
