The travel booking sector, which powers the global $7.6 trillion tourism industry, is today plagued by significant challenges. The increasing dominance by Global Distribution Systems (GDSs) and Online Travel Agencies (OTAs) is forcing global travellers to pay increasingly higher commissions on all airline, hotel and car rental bookings. At the same time, the sector is completely ignoring the revolutionary potential of blockchain technology and cryptocurrencies to lower travel costs, improve booking processes, and supply customers with a tailor-made travel experience.
More Stamps Global (MSG) is aiming to pioneer the tourism sector’s blockchain revolution via a unique travel booking platform designed to make travel cheaper, safer and fully adapted to customer needs. By harnessing the power of blockchain, bookings and payments are executed cheaper, faster and more securely than with existing travel platforms and OTAs. Bookings are secured on the immutable ledger, while transaction fees are eliminated, resulting in 10%-30% cheaper fares for all travel services. The acceptance of over 40 major existing cryptocurrencies, in addition to the use of MSG token to receive exclusive discounts on travel services, ensures the rapid adoption of crypto in the travel industry as the MSG platform expands.
In addition, the MSG mobile app and the MSG online interface revolutionise the way trips are planned, organized and booked. All activities are in constant reach of the user through the most internationally ubiquitous technology - smartphones. The traveller can therefore plan trips internationally, book hotels and purchase airline tickets 24/7 from anywhere in the world, at the touch of a screen. This will eliminate the time required to contact the third party support agencies in case of any issues, making the process seamless.
By integrating the power of the internet, the innovativeness of blockchain, and the growing needs of the travel industry, MSG is creating a one-of-a-kind global travel ecosystem. With bespoke solutions for travellers’ needs, efficient and cost-effective booking services, and acceptance of cryptocurrency payments, MSG stands at the forefront of the blockchain era.