LockTrip (LOC)

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Description

What is LockTrip (LOC) Cryptocurrency? LockTrip (LOC) is a decentralized travel marketplace that uses blockchain technology to provide users with more control over their travel arrangements. It is one of the leading Ethereum based travel marketplace platforms and is being hailed as the ‘Airbnb of the blockchain era’. The platform was founded in 2018 by Arkadiy Dimitriyev, Nikola Alexandrov and Peter Alexandrov and is based in Bulgaria. What Makes LockTrip Unique? LockTrip stands out from the competition due to its innovative use of smart contracts and decentralized technology to facilitate travel bookings. LockTrip eliminates the need for centralized services, such as travel booking providers, whose charges can add up to substantial amounts. Instead, LockTrip’s smart contracts facilitate direct transactions between suppliers and travelers. In other words, travelers pay less for their bookings since there is no middleman to add fees. LockTrip’s decentralized technology also ensures safety and privacy for its users since it stores no sensitive data. Furthermore, all transactions made on the platform are secure and trust-less, while the platform itself is immune to hacks and other malicious activities. Where is LockTrip used? LockTrip is primarily used by travelers who are looking to book cheap and secure accommodation, air tickets, car hire and more. The platform currently has over 30,000 travel suppliers, making it one of the largest decentralized travel marketplaces in the world. Where to Buy/Sell LockTrip? LockTrip can be purchased on several popular cryptocurrency exchanges including Exchange Union, Changelly, and Binance. The platform’s native token, LOC, is available on these exchanges for trading with fiat or other cryptocurrencies. LockTrip is also listed on some major fiat currency exchanges including Poloniex, where users can exchange their LOC for other cryptocurrency tokens such as Ethereum and Bitcoin. Comments about LockTrip • LockTrip is an innovative platform that is revolutionizing the travel industry. With its decentralized network and secure environment, travelers can book their travel arrangements without worrying about security or hidden costs. • LockTrip’s use of smart contracts to facilitate direct transactions between travelers and suppliers ensures cheaper bookings, more transparency and better control of their data. • The platform’s integration with major cryptocurrency exchanges makes it easier for users to buy and sell LOC tokens with fiat or other cryptocurrencies.