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Home CRYPTO World Largest Ico Review Platform New ICO Review Listing

Trustabit Ico Review : Blockchain For Delayed Flights

Xpress Network by Xpress Network
January 16, 2020 - Updated on September 6, 2021
in New ICO Review Listing, World Largest Ico Review Platform
Reading Time: 6 mins read
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TrustaBit.io
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About Trustabit

Imagine, If the your flight’s been delayed and you could instantly receive a voucher! TrustaBit uses blockchain technology to issue compensation to passengers quickly, easily and securely when a flight has been delayed. Our solution will allow consumers to use one voucher at multiple vendors allowing them to have more than one point of sale. Keeping high value passengers loyal is big business. 27% of airline revenue made form business class tickets alone.

Your airline can increase its return on investment for passenger compensation by directly offering their customers a more efficient and convenient way to receive their vouchers. TrustaBit smart contracts will allow your customer service agents to focus more on “the tricky” situations while leaving the mundane and repetitive work to our system.

Token Basic Information

Token Name TrustaBit
Token Symbol TAB
Social Media Trustabit Ico Review : Blockchain For Delayed FlightsTrustabit Ico Review : Blockchain For Delayed FlightsTrustabit Ico Review : Blockchain For Delayed Flights
KYC Yes
Type
Utility
Minimum investment
0.55 ETH
Restricted areas
China
Country
USA
Website Homepage

Problem

Currently, when a passenger’s flight is delayed, there is no seamless way for them to get a voucher. The passenger has to explain what happened to a call center or through a form, wait for the customer service rep to decide whether they will receive a voucher and for what amount, then continue to wait for the voucher to be emailed or mailed to them. Then the passenger has to wait again for the voucher to either be emailed or mailed to them. By the time the voucher reaches the passenger the customer loyalty has already decreased.

Solution

By using our software, we want to nurture back the travelers emotional connection to your airline. When you deploy TrustaBit into your environment, users can be compensated immediately based on set business criteria. The vouchers will be sent to their email address
immediately when their flights are delayed or cancelled without the need for them to call into a call center or to fill out a form. This will allow you to make things right with the passenger the first time to increase brand loyalty.

BENEFITS

  1. White-labeled solution means passengers do not need to download a new mobile app
  2. Brand is positioned as an industry leader
  3. Customer loyalty is quickly restored
  4. Reduced financial impact to airlines

  5. Reduced financial impact to airlines

  6. Customer service agents can focus on escalations rather than repetitive tasks

Hyperledger Fabric

For enterprise use cases TrustaBit found that it is more feasible to use a private blockchain rather than a public blockchain. Before we look at the differences of the two, let us analyze what they have in common.

  • They both are decentralized peer to peer networks where each participant maintains a copy of the distributed ledger of digitally signed transactions.
  • Changing data on the blockchain is extremely difficult, if not impossible. This is an added benefit to keeping an immutable ledger of transactions.

STATS 

  • On average, every day more than 8 million people fly.
  • 68% will remain loyal to a program that offers the most rewards.
  • Flight disruptions cost the global airline industry $60 billion annually
  • Millennials are the most frequent business travelers of any generation taking 7.4 business trips last year.
  • Millennials are also more likely to spend extra money on flight upgrades and perks.
  • 97% will post their experience on social media.

Features of TrustaBit

Trust

Your customers will begin to trust that your company will make things right with them quickly, easily and securely.

Smart Contracts

Smart contracts will reduce the costs associated with call center operations.

Secure

TrustaBit uses a private blockchain where all participants know that transactions can be detected and traced by auditors.

Video

Team

Member

Saritta Hines- Founder / Chief Executive Officer

Sheletha Drew- Senior Corporate Tax Analyst

Roy Sasson- Growth Hacker

Also Read – Click Here for Read All ICO Review

Quote This article is writing on 16 January 2020 based on information available online & news portal. If you feel it’s outdated or incorrect, please write here to update it. Mail us: [email protected] Or Whatsapp Us- +13098896258

Disclaimer:

Not all the websites Whi listed in Top List are 100% safe to use or investment. We do not promote any of those. Due diligence is your own responsibility. You should never make an investment in an online program with money you aren’t prepared to lose. Make sure to research the website. So Please take care of your investments. and be on the safe site and avoid much losing online.

Article Disclaimer

The Information Presented Here Does Not Constitute Investment Advice Or An Offer To Invest. The Statements, Views, And Opinions Expressed In This Article Are Solely Those Of The Author/company And Do Not Represent Those Of Coinworldstory. We Strongly Advise Our Readers To Do Your Own Research (DYOR) Before Investing In Any Cryptocurrency, Blockchain Project, Or Ico, Particularly Those That Guarantee Profits. Furthermore, Coinworldstory Does Not Guarantee Or Imply That The Cryptocurrencies Or Projects Published Are Legal In Any Specific Reader’s Location. It Is The Reader’s Responsibility To Know The Laws Regarding Cryptocurrencies And Icos In His Or Her Country. Please Respect Your Country Law & Take Advice From Your Advisor .

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