Locktrip LOC Is Now Tradable At KuCoin Blockchain Asset Exchange

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Locktrip native and transaction currency LOC got listed at one of the most promising blockchain asset exchange in the world, KuCoin.

Deposits are now available utilizing KuCoin Android and iOS apps or through their official website at www.kucoin.com. Trading pairs include LOC/BTC and LOC/ETH.

Buying will commence at 19:30 UTC+8 and selling along with withdrawal are possible at 20:00 UTC+8.

About Locktrip LOC

LockTrip embraces this technology to open a decentralized marketplace in the travel and tourism sector. Harnessing existing technologies and concepts – hotel and accommodation listings, online booking and purchasing, and by building the first integrated marketplace that uses the decentralized LOC Ledger, LockTrip.com will challenge the market dominance of online travel agents, payment processors, and metasearch aggregators.

LockTrip provides a platform that charges no commission to the accommodation and property rental sector.

Decentralized LOC Ledger Operations

  • booking placement
  • booking confirmation policy (instant/or after review)
  • deposit holding
  • deposit release/refunding upon check-out
  • check-in requirements & up-grade possibilities
  • dispute trigger & dispute terms
  • deposit withholding
  • optional history/reputation requirement for customer

KuCoin

The LOC Token

The LOC  is an invariable component of Locktrip ecosystem and will be the service token that provides access to both clients and hotel owners to the decentralized LOC Ledger.

By launching its own native token and decentralizing the ledger of hotels, LockTrip intends to resolve a long-standing problem – how to secure online bookings cheaper and transparent, while maintaining the speed and safety of all the processes associated. LockTrip addresses a difficulty that has been present for many years. Conceivably it has been under-the-radar due to price-gouging, anti-competitive systems, and pernicious agreements that have been forced on hotels by those who rule the Online Travel Agency market.

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