Priceline Token (PLT)
Abstract
Because of its special properties, tourism industry has become very dynamic and a bright future is predicted for it. Investing money is considerably increasing in countries which have tourist attractions. These days, attracting foreign tourists has become a growing competition among involved institutions and that is due to the fact that tourism is very useful for national economy and foreign exchange revenue. In addition to these, tourism is considered as a clean, free of contaminations and job maker industry in some cases. The payment section is always a very crucial part for countries which host so many tourists. Although digital payment methods (such as different kinds of cards or bank accounts) are available, but some users are still suffering from high wages, security problems and danger of being hacked by third parties (financial institutions and banks). It was thought that because of being decentralized, cryptocurrencies are going to be used instead of traditional financial system. But, the cryptocurrency users are facing the following problems as well: The usages of cryptocurrencies, the complexity of using them and the way they are going to convert them to Fiat money. (Fiat money is a national currency of a country which has no bankroll like gold or silver, but the government!). However, this should be bared in mind that accepting, confirming and processing the cryptocurrency payments is still difficult to understand for some of the users. The aim of Priceline Token is to solve this problems and function as a link between the real world and cryptocurrency universe. The objective is to meet the needs of customers by providing payment processor tokens. These tokens are supposed to be based on latest scientific developments, with high efficiency which lowers the costs and risks for the users. The PLC’s ecosystem is powered by Tron block-chain and functions as a payment token to cover all the following aspects: peer-to-peer exchange, value storage, security based on block-chain, decentralized ownership and anti-inflationary perspective to the assets.