Along with the rapid technological advance and sophistication of the Internet users, there is a growing need for improved security of virtual communication and financial activity. Blockchain technology recommended itself as an efficient measure to ensure the highest available level of security and anonymity through decentralized peer-to-peer networks that rely heavily on verifiable computation. At that, Blockchain-based data storage is applicable to any sphere of business allowing its customers safe contracting and data exchange.
We introduce the ROOMDAO Online Travel System –a Block-chain online travel operator who offers accomodations rent, lease and exchange, cryptocurrency earning and use, and an ecosystem of peer-to-peer direct communication and contracting for all possible tourist and hospitality services. As a result of its implementation, the adoption of Blockchain technology will provide online hospitality market members with new opportunities to rent, lease, and exchange the premises with zero fees as well as to earn and spend tokens as a motivation. This technology is planned to grow into one global network.