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Lockchain

Blockchain & fiat powered marketplace

LockChain is a platform engaged in both fiat and blockchain currencies, with an ecosystem that acts as a property rentals and hotel listings and booking site. Its native currency is the LOK token. We aim to bring the lowest costs to the hotel and accommodation sectors by obviating the need for commission-based services at both the customer and service-provider ends.

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~$4,000,000
value of tokens sold in ICO
Trading
1.19 USD
From Gatecoin on 2018-05-28 10:00:09 UTC
Token
Country
ICO start
29th Oct 2017
ICO end
1st Dec 2017
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About Lockchain

We design and build Lockchain, a de- centralized open source bookings ecosystem for renting hotel rooms, private properties or accom- modation (the decentralized LOC Ledger). Lock- chain will be the rst system which allows end customers and property owners to deal with each other on the platform without any fee or commis- sion. In addition to that, we will build LockChain. co - which will be the rst marketplace/applic- aiton that will connect with the decentralized engine (The LockChain.co Marketplace). The decentralized system will hold the LOC booking ledger which will be the core of the engine.

Existing platforms (e.g. Booking.com, Airbnb. com, Expedia.com) are currently centralized and take fees from the property owner and/or the end customer. Additional middlemen are the payment processors. All listings and deal param- eters on Lockchain will be decentralized on the Ethereum blockchain, eliminating all middlemen and guaranteeing transparent execution.

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