
Platform
Overview
GOeureka aims to
develop an easy to use, reliable Facility and Services booking system with
persistent indisputable records. As with all new systems, much of what is
proposed will evolve over time as requirements change. The web platform will be
developed with a backend built on the Python Django framework while individual
components will be built using a mix of programming languages (HTML, CSS,
Javascript, Golang, etc.) and the mobile application built on the Ionic
framework. The database will be a PostgreSQL database that runs on a cloud
server (Amazon Web Service) with certain data validated and stored on the
Ethereum blockchain. Smart contracts will be ERC20 compliant (though newer
standards may be applied after the time of writing) and customized using
Solidity.
ERC20 smart contracts
will be utilized for the security and immutability of data throughout the
platform. To increase performance and keep transaction fees to a minimum, individual
transactions and bookings will be kept outside of the blockchain. The
settlement of all transactions will occur off-chain and fulfilled transactions
will be aggregated each day and sent through the smart contract to be validated
and stored on the blockchain.
It is a key goal that
the GOeureka platform provides for widespread usage, therefore utmost priority
will be given to platform performance, user interface and experience. Majority
of the system will be built in off-chain components but critical information
will be stored in persistent smart contracts. The critical factors addressed
are:
● The design of a
secure mobile wallet that the average user feels comfortable using and is
recoverable by the same user in the event of a lost device.
● The GO token which
can be held, spent or traded.
● The GO credits which
offers preferential rates when purchasing products and services. An exchange allowing the purchase of GO
credits in exchange for GO tokens
● A management system
to allow booking and recording of scarce, non-fungible resources (e.g.
room-nights). Making this booking comes from:
○ payment of deposit in
GO credits (automatic)
○ acknowledgement by
the payment facilities during deposit through classic methods
● A booking and payment
system for less scarce resources - e.g. spa sessions, meals, activities
etc.
About
GOeureka
GOeureka is a travel tech
company utilising blockchain technology to build a hotel booking platform. Our
mission is to decentralise the hotel booking sector and deliver greater
transparency by allowing hotels to directly connect with their customers. As a
technology partner to hotels, GO aims to provide a dynamic digital experience
to users and eradicate the high commission structures imposed by online travel
agents. By reducing the financial commitments of hotels to third-party booking
platforms, GO’s vision is to enable hotels to focus more resources on providing
better intrinsic value and services to travellers around the globe.
Why
Ethereum blockchain?
The blockchain provides
GOeureka with the required token economics needed to eliminate high commission
fees and the ability to facilitate interoperable loyalty points. GOeureka’s
platform also benefits from the distributed ledger technology that guarantees
security and transparency across its platform.
GOeureka chose the
Ethereum blockchain due to its flexible and extensible nature. The use of Ethereum
smart contracts allows for the creation of “autonomous agents” that may be
implemented throughout GOeureka’s platform to automate many processes and
remove various third-parties that usually result in a slower process and
multiple transaction fees that lead to high costs.
While moving towards a
fully decentralized platform, GOeureka will look into the adoption of key
blockchain technologies such as zero knowledge proofs, off-chain computation
solutions and recently introduced Ethereum technology like the Plasma and
Raiden network.
The
main feature of GOeureka
The GOeureka platform
is adapted to various devices and is easy to use. Project-made intelligence
quickly finds hotels that meet client needs according to the parameters given.
A user can specify any selection criteria, including prices for accommodation,
choice of food and kitchen options, views from windows, etc. GOeur they are
trying to make holiday travelers as comfortable as possible.
GOeureka's
vision
GO has a plan to create
an online ecosystem where businesses grow by offering the best services to
tourists. As a technology partner for the hotel industry, GO will offer
applications and web experiences that are simple and direct to users without
high commissions on most sites. By freeing up resources for hotels, GO will
enable them to offer better value and customer service with their resources.
Benefits
of GOeureka
This project is based
on blockchain technology that can be relied upon to store user data in the
system. It is almost impossible to hack because data is stored on distributed
network nodes. Thanks to KYS registration, a traveler is protected from fraud -
only real hotels can register on GOeureka.
More details about
the project:
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