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Community

Tourcom Partners with Luniverse

TOURCOM | 08.05| 39

Tourcom — undergoing travel platform development by combining blockchain and artificial intelligence — has partnered with LAMBDA 256’s blockchain service platform — Luniverse — on July 31st, 2019. With this partnership, Tourcom expects its DApp development to be accelerated and its service to be more secure and effective. Likewise, Lambda 256 expects to further enrich the Luniverse ecosystem by adding Tourcom as its partner.

Tourcom is a South Korea-based travel company recording 20 million dollars in yearly sales with over 100 branches and 1400+ affiliated sales people. Its blockchain division is developing an AI-based travel platform for independent travelers to enrich their travel experience by helping them easily find compatible travel companions, local guides, and customized schedules that reflect travelers’ interests.

The blockchain division will take advantage of Tourcom’s 12 years worth of accumulated travel data and provide individually customized travel schedules with the use of artificial intelligence and its matching system.

On the Tourcom platform, its users, travel guides, and affiliated travel agencies participate to provide and evaluate data that can be used to create customized schedules. Their participation is rewarded with tokens, which can be used to pay for goods at affiliated shops as well as for services (i.e. guide service) within the platform. In the case of business affiliates, tokens can be used as a means of payment for advertisements and travel data.

For platform users to act as a guide or for affiliated travel agencies to provide services on the platform, a certain number of tokens must be staked (deposited). All users of the platform can choose to sponsor such staking to receive share of the profit.

Luniverse is a Blockchain as a Service (BaaS) platform created by Doo Na Moo’s research institute — Lambda 256 — which is operated by a premier crypto exchange, Upbit. Its mission is to make blockchain mainstream by facilitating the development of DApp on Luniverse platform. Luniverse already has a dozen notable partners on its platform that have started providing services or are in development.

According to Tourcom Blockchain COO, “We have partnered with Luniverse, so more people can access Tourcom platform and to strengthen our services through Luniverse’s other DApp partners.”

Lambda 256 officials commented, “Luniverse is attempting to make blockchain technology mainstream by providing a forum where general users and companies can meet. Our partnership with Tourcom will help to expand our user base and to get closer to our goal.“

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