CRYPTOBNB; GIVING YOU THE BEST ACCOMMODATION IN THE CRYPTOWORLD

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Lay back, fix your fingers together at the back of your head and imagine yourself moving  into your new home which you spotted on an online platform devoid of scams and middle men. Imagine getting to make reservations in a hotel or a guest house over the internet with the minimum fuss over fees and the reliability of the platform through which you do the transactions. Now open eyes, put on your thinking cap and stop imagining. Is there a possibility of this happening in this era? A big yes. Will you consider to go house hunting or getting accommodation over the internet?  An iffy yes.
The idea of going through streets searching for houses for short term rent at affordable prices at convenient locations is in itself a very challenging task. Most people either end up getting affordable housing at places far away from business centers; even civilization. For some, they do manage to find short term accommodation at good spots in the city to work and even raise a family but unsurprisingly at outrageous prices. It’s almost impossible to strike a balance between those two situations and that makes it equally frustrating.
Same ordeal faces the holiday maker who wants to make reservations in a hotel, motel, or a holiday inn. Reservations could be made but most of the time there are a lot of mishaps .These online sites cannot be trusted at all these days. You can easily be duped especially with all these cheap bogus prices and these new travel agents popping up at every corner. Some of these deals are too good to be true. Slashed prices for trips and free accommodation in hotels with very good ratings may all be music to the ears but you have to be careful not to make the rhythm of the music carry you away. You might just be spilling your blood in a tank full of sharks.
These situations have forced a lot of people to dispel the idea of going on holidays far away from home while others would want to stick to their old houses and even when they know it’s killing them. Internet scam in the hospitality sector has caused a lot of lost money in recent times. Regulations and other measures have been put in place to counter the problem but it’s still not enough. Even legitimate websites can cause a lot of confusion especially when there is intermittent rebranding in order to get more user friendly. Customers could be misled and deceived.
Creating a lasting solution seems to be on the brink of realization with the advent of artificial intelligence and even more sophisticated   piece of technology coming into life each passing day. A notable mention, though with its minor perks is the CryptoBnB technology.

WHAT IS CRYPTOBNB?


  CryptoBnB aims to improve on the existing options available to travelers by offering more efficiency on searches, overall lower fees, and better flexibility by using blockchain smart contracts in combination with the power of Artificial intelligence and big data to find a desired accommodation in the most efficient way. This new blockchain technology allows peer-to-peer transactions for renting a property securely without the added costs of an escrow service. The technology also enables a smarter intelligent way of directed P2P marketing between hosts and travelers, while boosting the ROI for hosts.

What makes CryptoBnB unique?


CryptoBnB aims to take over short-term rental market by combining pre-existing short-term rental models such as AirBnB and HomeAway with blockchain technology. CryptoBnB’s use of blockchain technology will create an improved marketplace for the short-term rental market by reducing significant challenges that currently exist in the market, including 1.Inefficient searching
2. high fees
3. Fraudulent identification
4. Fraudulent representation of properties 5. Fraudulent reviews.
 When these challenges are addresed, it will also increase the return on investment for the host. CryptoBnB will be the first platform to combine the “power of three”: blockchain (smart contracts), artificial intelligence (AI) and big data. The aim of this initiative is to  generate an intelligent hospitality service marketplace where property owners and travelers can benefit  by providing more accurate matches between travelers and properties.

The future marketplace of online hospitality and short-term vacation rentals will enable travelers and occupants to tap into a huge market of residences that match their budgets and accommodation requirements around the globe while boosting trust between homeowners and occupants. The AI algorithm, combined with blockchain in the platform, will generate accurate matches between homeowners and suitable short-term tenants, with minimal transaction fees. This next-generation marketplace will allow homeowners and occupants to quickly transact secure payments using BnB tokens globally.
The short-term rental economy has dominated its sector in growth for the last ten years; it took 10 percent of the market share from the $550 billion global hotel industry in 2016 (Kharpal 2016).
 CryptoBnB is developing a unique proprietary. The platform aims to increase the return on investment (ROI) for hosts and service providers through enhanced matchmaking to the right traveler who is looking for that particular property or service.
Even though short-term rental platforms have attained success by providing access to short-stay accommodations, the results of the SWOT analysis show that there is a pressing need for the adoption of a new model that will address the gaps in the existing platforms.

 CryptoBnB will be built on the already functioning short-term rental model but with the introduction of advanced technology based on blockchain power, AI and big data. These features will allow our marketplace to catapult to success with growing demand, new acquisitions and novel products and services within the sector. This innovative approach to short-term renting will make CryptoBnB application called CryptoDNA™ (patent pending), a feature that traditional hotels and rent-sharing sites such as Airbnb, HomeAway, Room Ram, FlatClub, and Wimdu.com are not currently using. The following schematic shows how CryptoBnB will address the current technological gaps of existing platform.
We hope with this new technology, internet scam especially on short term rental services and for holiday travelers, our dream of getting our services done to us with the minimum fuss and gimmicks would no longer play out in our heads but rather a reality. It’s true that great things take time but boy have we waited so long for this. #ICOCBNB

Cryptobnb ICO is live now. You can join or ask questions in these platforms:


Author 

Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1256959

Comments

  1. Unknown15 February 2018 at 12:26

    Very insightful

    ReplyDelete
  2. Unknown8 March 2018 at 09:57

    The world would indeed be a better place for easier search for accommodations. Nice project

    ReplyDelete
  3. Unknown8 March 2018 at 11:09

    Well I’m I’m open for anything Accomodation. And this project seems to make it easier. Keep it up.

    ReplyDelete
  4. Unknown8 March 2018 at 15:34

    Very interesting

    ReplyDelete
  5. Unknown11 March 2018 at 14:32

    the new world, accommodation just got way better

    ReplyDelete

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