Building from the belief that travel is one of the antidotes to division and conflict in the world – holding fast to the knowledge that, once you travel to parts unknown, you quickly realize how much more alike we are, than different – TravelCoin® Foundation (TCF) is determined to open the world…to itself. Achieving this through developing programs that make travel easier and giving travellers the tools to step outside their community and into the global village.
The newest tool developed by TCF is TravelCoin® Plus (TLCP), a powerful new cryptocurrency that allows the global TravelCoin® Foundation community to begin enjoying the benefits of belief. This coin is available on public exchanges and ready to be shared around the world. Built on the Ethereum protocol, this unique coin uses the power and transparency of this public blockchain but with an added layer of security by making it a private community. TravelCoin® Plus utilizes a private Proof of Authority (PoA) chain to allow the TravelCoin® Foundation to determine which nodes the validators for the chain should be. Because our network is permissioned, and TCF knows all nodes, the difficulty is very low and allows for CPU mining of transactions and the storing of nodes on the cloud. This allows for faster transaction speeds, greater privacy of the data/content and a centralised control over providing access to the blockchain.
This means that those who are invited into the network and wish to mint TravelCoin® Plus, can do so without having to buy expensive equipment or dedicate enormous time to generate coins. All the work is done for them, through a minting cloud program.