TrustaBit - Blockchain for Delayed Flights
Blockchain for flight delays. TrustaBit uses blockchain technology with smart contracts to automatically issue flight vouchers to passengers when their flights are delayed.
STO/ICO Status
Status
Successful
Symbol
TAB
Start Date
2018-05-25
End Date
2019-01-05
Soft Cap
107,000 USD
Hard Cap
2,000,000 USD
Initial Price
1 TAB = 0.25 USD
Token Supply
...
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Basics
| Platform | Ethereum |
|---|---|
| Type | ERC223 |
| Accepting | ETH, BTC, USD |
| Circulating Supply | 61% |
| KYC | N/A |
| Restricted Areas | N/A |
| Homepage | Website URL |
| White Paper | View/Download |
About
Through the use of smart contracts and distributed ledgers, TrustaBit:
- Provides airlines with a solution that is less likely to increase the friction in an already fraught situation – resulting in smoother experiences and less customer churn.
- Improves efficiencies in the airline compensation system through automation helping airlines keep costs down in an already cost-sensitive industry.
- Provides travelers with more choice when faced with disruption to their plans.
- Reduces the likelihood of fraud associated with loyalty programmes – thereby reducing the opportunity for human trafficking, terrorism and drug dealing.
- Actively contribute to the digitized token economy by providing real options for token redemption and token value creation.
