GOeureka is a travel
tech company utilising blockchain technology to build a hotel booking platform.
Our mission is to decentralise the hotel booking sector and deliver greater
transparency by allowing hotels to directly connect with their customers. As a
technology partner to hotels, GO aims to provide a dynamic digital experience
to users and eradicate the high commission structures imposed by online travel
agents. By reducing the financial commitments of hotels to third-party booking
platforms, GO’s vision is to enable hotels to focus more resources on providing
better intrinsic value and services to travellers around the globe.
Platform
Overview
GOeureka aims to
develop an easy to use, reliable Facility and Services booking system with
persistent indisputable records. As with all new systems, much of what is
proposed will evolve over time as requirements change. The web platform will be
developed with a backend built on the Python Django framework while individual
components will be built using a mix of programming languages (HTML, CSS,
Javascript, Golang, etc.) and the mobile application built on the Ionic
framework. The database will be a PostgreSQL database that runs on a cloud
server (Amazon Web Service) with certain data validated and stored on the Ethereum
blockchain. Smart contracts will be ERC20 compliant (though newer standards may
be applied after the time of writing) and customized using Solidity.
ERC20 smart contracts
will be utilized for the security and immutability of data throughout the
platform. To increase performance and keep transaction fees to a minimum,
individual transactions and bookings will be kept outside of the blockchain.
The settlement of all transactions will occur off-chain and fulfilled
transactions will be aggregated each day and sent through the smart contract to
be validated and stored on the blockchain.
Room
Key
To provide full
self-service capabilities, GOeureka will also provide a room key feature on the
mobile app. The availability of the mobile room key depends on the hotel’s
physical infrastructure, but hotels with smart locks or keypad locks will have
the room key feature integrated on GOeureka’s app.
GOeureka will integrate
available developer APIs by major smart lock providers. This technology makes use
of encrypted Bluetooth technology, where authenticated data is sent from the
GOeureka app through the guest’s mobile device to the smart lock network which
then unlocks a guest’s room. Bluetooth technology is found to be a safer
alternative due to encryption and authentication methods available for
Bluetooth transmission as opposed to Wi-Fi protocols that are easily spied on
by other users on the same Wi-Fi network.
Payment
Process
1. The processing fee
is charged by the crypto payment service provider
2. Transaction costs
increase due to blockchain congestion
3. Transaction speed
for on-chain settlement
4. Interface
customization and payment protocol
Loyalty
Programmes
Hotel loyalty
programmes will be integrated into the GOeureka platform, where travellers may
earn loyalty points from the hotels they have booked. Necessary APIs will be
provided for hotels to link their loyalty database with GOeureka. This will
help facilitate the interoperable loyalty points detailed in GOeureka’s
official whitepaper. GOeureka will send
and retrieve data from the hotel’s database to provide real-time updates for
users to track their points and for hotels to track points that users have
redeemed with GOeureka. Research shows
that 70% of customers do not sign up for a loyalty programme due to
inconvenience and time costs associated with registering for a programme . With
GOeureka, 1 registration for a loyalty programme is processed and verified in
the backend. Customers will only be required to fill up an online registration
form or, if they are already registered loyalty members, they only need to
provide their pre-registered details (e.g. member ID) and the platform will
link and display their loyalty details.
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Profil
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