EzyStayz, Blockchain-Powered Rental platform
(Holiday Booking via Crypto)
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Abstract
Blockchain is a technology that does not rely on third parties to store, verify, transfer and communicate network data through its own decentralized nodes. Important features of the blockchain include decentralization, independence, security, and anonymity. In addition, all the transaction information can be recorded in the blockchain for everyone to search. For the landlords, the platform can save their cost of promotion. For the tenants, they can check the past transaction records of the house, confirm the past rental process of the house, and find a more suitable house.
Blockchain revolution in the tourism industry
Blockchain has revolutionized many aspects of our daily lives, even how we travel. In this article, we'll look at what blockchain is and how it can affect the tourism industry.
In recent years, the appearance of blockchain has caused a great deal of excitement in a wide range of interests due to the drastic changes in the way we store and use data and other sources of information. The technology promises to improve the transparency and security of transactions, which is why the tourism industry has begun testing it. Exciting advances have been made in this technology, and we will go into more detail about its applications in the tourism industry.
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Data security
The data inside the blockchain is decentralized by nodes that form the edge of the blockchain, and since there is no error point, the security of the data is guaranteed.
Immutability
The algorithms used in blockchain are designed to avoid any interference, seizure, or correction due to the trust chain that ensures that the information does not change.
Blockchain applications
Blockchain has served as the basis for technology or other activities, some of which can be beneficial to the tourism industry. Here are some examples:
Smart contracts
Smart contracts are contracts that are implemented in the blockchain network and remove intermediaries (notaries, banks and others) from this process and are done with less cost and processing time.
Digital ID
There's a lot of talk about digital-based projects, such as Alastria, which is dominated by influential companies listed on Spain's IBEX 35 exchange market. This system allows tourism activities such as completing tasks to be simplified and having all the information available from one person in one place.
Blockchain in the tourism industry with EzyStayz
Since blockchain can provide greater security and transparency for important technological interactions in the tourism industry, the two can be mutually beneficial. A travel agency that reserves flights and hotels for its passengers must send information to various institutions. Blockchain can make this action safer and more transparent because its responsibility is spread across the network. The same thing happens with foreign transactions, thus increasing the level of trust between the parties involved. This video gives a brief overview of how blockchain benefits the tourism industry.
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EzyStayz
EzyStayz is a global platform based on the new blockchain technology for holidays, rentals, markets, forecasts for the world. This platform can be used for accommodation on holiday trips and short-term reservations. The strong blockchain-based EzyStayz platform speeds up the booking process and also provides lower and cheaper transaction and service costs for homeowners and property rental applicants.
The flawless, fast, and low-cost EzyStayz platform can be used to rent or register real estate rentals around the world. Decentralization, which is a hallmark of blockchain technology, has made the platform a good platform for communication between landlords and real estate applicants, along with the elimination of intermediaries. The development and launch of native cryptography will create a layer of decentralization. This is borrowed from the encryption section, allowing consumers and owners to agree on the platform at no cost. This platform is very easy to use, travelers and hosts can do their bidding through a decentralized, unchanging and transparent smart contract with full confidence, which can be the result of P2P communications.
The EzyStayz ecosystem uses the EZT token in exchanges, which is actually the native EzyStayz token that that supports high-speed low-demand and value-added features. Demand is met through website traffic and costs are reduced regardless of the method of payment. Therefore, all value-added features in the reservation method and on the site are paid for by the EZT mark, the demand for which is fixed and by the owner and the passenger.
EzyStayz & Smart contracts
Smart contracts can automatically and efficiently apply exchange terms and create results that cannot be changed by either party. Because blockchain-based contracts can potentially have legal implications, even parts of the blockchain lease process that were previously offered offline can be automated, such as signing a contract or delivering property to a customer. With the help of Internet of Things technology (for example, using smart keys that are activated by running a smart contract), property delivery in blockchain leases can be done offline like the rest of the lease process without the need for face-to-face visits.
Blockchain exchanges are stored on this platform forever, and anyone can access them. This can cause the parties to the transaction, whether the tenant or the tenant, to adjust their behavior so that they do not have a bad record of blockchain rental. When reputable reputations like this are linked to stable offline identities, digital identities emerge that are in many ways even more reliable than real-world offline identities.
More efficient, cheaper, and faster processes, like any other industry, reduce the cost of blockchain rental, without compromising any profit (except for intermediaries, whose vast majority of revenue is lost and should be sought for employment). Be another).
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How EzyStayz Blockchain-Powered Rental platform works:
• Smart contracts can automate conditional transactions in a very efficient manner (unless there are scalability problems – see below), and they create results that cannot be disputed by either party.
• Because blockchain entries and smart contracts can potentially become legally binding (if the government of the respective country decides so), even those parts of the rental process that used to be completely offline can now be automated, such as the signing of the contract in person or the handover of the property. With the help of Internet-of-Things components (for example, smart keys that activate upon the execution of a smart contract), the handover can be as automatic as the rest of the process, removing the need for the owner or her representative to be there in person.
• Transactions will be stored indefinitely on the blockchain and can be audited in retrospect. This builds a real online reputation and history that will incentivize both renters and owners to behave in an honourable way, preserving their good reputations for future transactions. When reliable reputations like this are connected to provable offline identities, digital identities are created that become even more trustworthy than identities in the offline world.
More efficient processes, just like in any other industry, will lead to cheaper rent prices without cutting away any of the owner’s profits (it will, however, cut heavily into the middlemen’s profits, who may have to start looking for another occupation).
Using EzyStayz Blockchain-Powered Rental platform, what facilities can be achieved?
Here are some of the most interesting and remarkable facilities that can be achieved in using EzyStayz platform:
• Easy, convenient and traceable payments
The most important advantage of payment is that cryptocurrency payment will be much more secure and traceable. As mentioned earlier, all transactions performed in blockchain remain unchanged. And other than that, the system is decentralized; That is, the mediator will not be the one to intervene or delay the payment.
Similarly, when traveling to another country, we will not need to exchange currency and will not automatically be exposed to the trust or instability of exchange activities. Therefore, payment by blockchain in foreign transactions, in which case an operation can sometimes be delayed for more than a week or canceled during that period and cause inconvenience, makes a relative difference. Hotel or transportation management and coordination
• Hotel or transportation management and coordination
Decentralized management systems can lead to huge savings for large institutions because it eliminates the need for intermediaries. Similarly, information flows securely and is always accessible, reducing management time and providing global access to information.
• Business ranking
When traveling, it is very common to look at forums and read user reviews, but we can never guarantee who wrote them and how accurate they are. With Blockchain, all information on the public network is reliable and secure, has more transparency and increases customer trust.
• Load management
Blockchain can be very useful when tracking our location when we leave it in the check-in counter. Like us, they move during the journey. With the help of technology such as blockchain, it is possible to track different companies and know the location of our luggage at any time
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Ezystayz’s Mission and Features
Ezystayz’s mission is to make the rental market more efficient. The project’s offering a much more sophisticated solution. In addition to digital contract signing, Project team have already implemented digital payments and other features as below:
• Inviting potential roommates to an offer or requesting maintenance services online.
• Crowdsourcing of rental security deposits, which are a significant burden for new renters without sufficient capital, and after signing the contract they sit unused in bank accounts for years or decades.
• Auctioning technology which allows rental auctions between an owner and several prospective renters. In the current market where more people want to rent than ever before, rental prices are already going up much to the disadvantage of tenants. In a climate like this, rental auctions may contribute to higher prices, and therefore benefit the owners alone.
• Raises privacy concerns by planning to implement a proprietary quality score for owners and renters, for which they want to access professional records.
• To support the EZY economy and thus our profit source, which enables our minimal commission marketplace
• To support the distributed database, which will cut out commissions from distributors and further contribute to the EZY economy.
• To enable a trustless environment which is a necessary requirement for the adoption of the distributed database
• To automate payment processing
• To act as highly secure escrow accounts for the period between booking and check-out.
• To host immutable reviews
In summary, Ezystayz promises some improvements in the efficiency of the renting process.
Ezystayz’s Team
With regards to the team project Ezystayz , then there is a very strong core team:
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Ezystayz’s Roadmap
In the picture below, the project roadmap gas been described:
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Token info
Ticker: EZT
Type: Utility-token
Platform: Ethereum
Token standard: ERC-20
Total supply:5,600,000,000 EZT
Token price in USD: 1 EZT = 0.005 USD
Accepted currencies: USD, ETH, BTC
Bonus program:
Wave 1 50%
Wave 2 20%
Wave 3 10%
Token distribution:
63% - Marketing and Sales
22% - Admin and Operations
15% - It Development
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Funds allocation:
64% - Token Sale
10% - Reserve
20% - Marketing
6% - Team
Details
Public sales: Apr 07, 2020 - Apr 20, 2020
Token supply: 5,600,000,000 EZT
Total tokens for sale: 3,584,000,000 EZT
Soft cap: 2,500,000 USD
Hard cap: 8,100,000 USD
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Legal
Blockchain Platform: Ethereum
Registration country: Australia
Registration year: 2016
Office address: Ezystayz, 58 Pitt St,Redfern NSW 2000, Austarlia
Official Resources:
● https://io.ezystayz.com/
● https://www.facebook.com/EzyStayz-482400071941656/
● https://www.instagram.com/ezystayz/
● https://twitter.com/ezystayz2014
● https://t.me/EzyStayzofficial
● https://medium.com/@ezystayz
● https://www.youtube. com/channel/UCDvQOHa-9pwh_PEEsgjsFWQ/featured
Authors info:
Bitcointalk username: rezaanahviII
Bitcointalk profile url: https://bitcointalk.org/index.php?action=profile;u=2661939
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