Trustabit

Blockchain for flight delays. TrustaBit uses blockchain technology with smart contracts to automatically issue airline vouchers to passengers as their flights are delayed.

About TrustaBit

TrustaBit is an advanced software solution that will give airlines the opportunity to issue coupons automatically to passengers when their flights are canceled or delayed. Total passenger rights market is estimated at $ 3.3 billion per year. Since 2013, AirHelp has collected $ 85 million in total compensation for passengers who have delayed flights. AirHelp acts as an intermediary; passengers provide flight information to AirHelp, who then works directly with the airline to get compensation on behalf of the customer. To date, 1.3 million passengers have used this service and pay AirHelp at a cost of 25% of the amount collected. These numbers indicate that passengers are ready to pay more for reliable digital services that will give them what they need to pay.

In Europe, they have founded EU261, stating that airlines have flights to pay compensation to passengers in the range of $ 261- $ 666 depending on the time and distance of the flight. In the United States there are no specific laws to help delay flights, unless you have an international flight schedule, then the Montreal Convention will apply. To date, 1.3 million passengers have used this service and pay AirHelp at a cost of 25% of the amount collected. This figure shows that passengers are willing to pay more for the type of service that will give them what they need.

Project Vision

The main problem is that many people do not understand that customer loyalty does not depend on price, but on the quality of services and services provided. For now, when passenger flights are delayed, he must pass a very long and thorny place to get a voucher to postpone. In this case, the passenger must complete a special written form or explain to the dispatcher what happened to him. You will be offered to receive your coupon via email, which adds a waiting time for passengers. As a result, at the end of the operation, passenger loyalty is reduced to a minimum, enabling competitors to enter this area and propose solutions to the problem.

The solution to this problem is to use paid passenger software on a smartphone. The principle of operation and delivery of vouchers are as follows: upon cancellation or flight delay, passengers will not have anything to fill or call on the spot, vouchers will be automatically filled for you all the necessary information through blockchain technology. This significantly increases passenger loyalty of each airline.

Characteristics

Confidence: Your customers will begin to believe that your business will improve things quickly, easily and safely.

Smart contract: By using smart contracts based on chain blocks, costs are reduced, if not eliminated altogether.

Secure: TrustaBit uses a private block chain where all participants know that auditors can detect and track transactions.

HOW TO TRUSTABIT WORKS

About Tokens and ICO

Symbol symbol: TAB

Standard: ERC-223

Pre-sale period: from 05 February to 12 February

Preset token price: $ 0.05 USD (5 cents)

The main selling period: from 14 February to 15 March

Main token price: $ 0.10 USD (10 cents)

Initial investor token price: $ 0.025 USD

Minimum contribution: 1 ETH

The token date is issued two weeks after the main token sale

Soft Cap: $ 3 million dollars

Cap Hard: $ 49 million dollars

Currency received: ETH

Pre-Token Sale Bonus 20%

Week 1 The main selling bonus is 15% chip

Week 2 The main sales bonus for the chip is 10% off

The main token sales coupon for this week's main token is 3 5%.

What happens to unsold tokens Unsold tokens will be burned.

TOKEN ALLOCATION 

DISTRIBUTION OF FUNDS

• Token TAB
• PreICO Price 1 TAB = 0.05 USD
• Price 1 TAB = 0.10 USD
• Ethereal Platform
• Receive ETH
• Minimum investment 0.15 ETH
• Soft cap 3,000,000 USD
• Hard cap 49 million USD
• United States of America
• Whitelist / KYC None
• China's restricted area

Team

• Saritta Hines Founder / Chief Executive Officer of LinkedIn
• Blair White Founder / Chief Sales Officer of LinkedIn
• Woody Means Chief Technology Officer LinkedIn
• Jaymes Hines Chief Marketing Officer LinkedIn
• Kelvin Ndereba Blockchain Developer LinkedIn
• Analysts Tax Company Sheletha Drew LinkedIn
• LinkedIn Samuel Dare Lead Hyperledger LinkedIn
• JaMarr Johnson LinkedIn Marketing Director
• Landon Williams UX / UI Designer
• Hakar Sulaiman Creative Design Engineer

ADVISOR

• Mahroze Baloch Corporate Transactional Attorney LinkedIn
• Casey Gardiner Co-founder at DigiWallet LinkedIn

For more information:

Author: takseindahdulu
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=1835771
Eth: 0xF7d6707B423F666EbAC1BCd6BEd4a3F0d3bA8Ca7