IMMEDIATE PROJECTS UNDERWAY
TRAVELCOIN® WALLET LAUNCHED
The TLC wallet is a secure digital wallet used to store, send, and receive TravelCoin. This secure wallet includes a private key (secure digital code known only to the Subscriber) that is stored and shows ownership of a public key (a public digital code). The TLC wallet stores these private and public keys, allows Subscribers to exchange TravelCoins on the Secondary Market, and also acts as a personal ledger of transactions.
DEMOCRACY ON BLOCKCHAIN
This is a voting system that uses smart contract for DAO and for different projects by TravelCoin holders. TCF is a community based not-for-profit company where we empower our Subscribers to elect Directors through a Smart Contract voting system to run this Foundation. This is a sign of a true democracy using the Blockchain technology.
SECONDARY MARKET PLATFORM
In order to help TravelCoin Subscribers, a Secondary Market, an internal trading platform, to trade TravelCoin only amongst Subscribers of TravelCoin will be launched. This facility has a number of benefits to TravelCoin Subscribers. During the ICO period when TravelCoins are not available on the open markets, instead of waiting until the end of the ICO to start trading, TravelCoin Subscribers can trade their TravelCoins amongst themselves right away. There is a limit on the maximum subscription a Subscriber can make to receive TravelCoins. Those Subscribers who want to acquire more TravelCoins can use this Secondary Market and buy more TravelCoins from those Subscribers who want to sell.
PRIVATE PEER TO PEER COMMUNICATION
The future of communication is changing rapidly while at the same time there is an increased demand for higher levels of security-locked communication channels. The blockchain provides the optimum solution to the biggest problem in communication, that of placing trust in a third party for data security with a single authoritative entity for trust. Using the same authentication protocols currently used to transfer digital currency from secure wallet to secure wallet, TravelCoin plans to launch a global IM system which will have multiple applications within the travel industry.