EMPIRE HOTELS

Blockchain technology is a transparent digital transaction book and records that are immune to modification or deletion. Offering additional features of increased security, cost reduction, time efficiency and error tolerance, the chain-chain grew, fluctuated in 2017. The utility of blockchain technology is unlimited, triggering an increase in the list of companies, industries and government studying its potential adoption. A blockchain is an immutable public book that records digital transactions.

With my research on blockchain projects, I found this project in which I really put my faith: EMPIREHOTELS. Very likely you haven’t heard about them, project is made by great team members. Nevertheless, guys have an advantage, many other teams does not: already existing product made on a very perspective field. But these are not all pluses I found in this project. Below you can read the analysis and decide on your own, do you want to send some pennies to the pot.

EMPIREHOTELS

EMPIREHOTELS is a revolutionary platform for users to book rooms and experiences around the world. Our platform provides an easy way to check-in / check-out and is fully prepared for future room automation. EMPIRE HOTELS is a global platform and application, where users can order rooms and services using fiat and crypto assets, using blockchain and smart contracts. Some problems in the industry Empirehotels aims to solve are;

Expensive booking portals

Majority of the hotel bookings happen through online booking portals. The portal charges usually sum up to 15-25% fees on the booking cost.

Platform maintenance

In order to maintain an Over-The-Air service up and running, companies spend resources on infrastructure, software and hardware maintenance.

Financial and transaction fee

The financial institutions between the customer and the hotel will charge a fee to process transactions.

Foreign transaction fee

When booking an international hotel, fee of approximately 3% is discreetly charged from the guest to process the transaction.

Empire Hotels will be solving these aforementioned problems by eliminating any third parties and leveraging the blockchain technology to facilitate a better data management and transactions system for hotels, platform can revolutionise the way the industry runs. Empire Hotels offers a currency to be used in the hospitality industry. This would create an easy-to-use platform for the public and facilitate an API for integration with other systems. The unique architecture of Empire Hotels platform enables the hotel bookings to be executed as crypto transactions. Every transaction is executed and stored in a decentralised P2P network so that the platform can provide improved data management and reduce costs for transactions as compared to other platforms available in the market.

Here are some reasons why EMPIRE HOTELS stands out;

Cheaper booking
Using cryptocurrency for hotel bookings can drastically reduce the transaction fees and rule out international payment charges and currency conversion fees. By adopting this strategy, it is possible for the hotel to increase its profit margins while offering to the users the opportunity to book a hotel at a much cheaper price.

Secure and reliable
By using blockchain to process transactions, transparency and security are preserved more than ever. Unauthorised parties will not be able to access confidential user data. Every transaction will have an ID associated with the user if required. All non-sensitive data exchanged during the booking process will be encrypted and saved in the transaction details, protecting both user and hotel against fraud.

Accurate Reservation
Blockchain is a non-centralised solution for the double-booking problem, a classic problem that could not be solved without a trusted entity mediating the transaction. The bookings are executed as crypto transactions in Empire Hotels platform and before confirmation, the timetable for the room is verified on blockchain and this virtually eliminates the possibility of double-booking.

Simple, easy, and fun.
Users can browse for hotels and experiences nearby. They can place bookings using both fiat and EMPIRECASHs — our digital asset.

Truly empowering hotels.
Even though there are no fees for the registration, a small fee — the smallest on the market — is added to each transaction in order to make the platform viable. Affordable fees for owners; lower prices for users.

Revolutionizing the Hospitality Industry
Our developers took care of every little step during the app development process. We want to give the best experience to our users.

Empire Cash (EPMC) Token

Empire Cash (EPMC) is a token produced by Empire Hotels to complete payments for services and distribute gifts. The Empire Hotels platform will issue Empire Cash tokens (EMPC tokens) to fuel the transactions and incentive models of the platform. The total supply will be 1,350,000,000 EMPCs. The Initial Coin Offering intends to raise $36,000,000 through its various phases. Token is already listed on Latoken Exchange.

FUNDS UTILIZATION

ROADMAP AND DEVELOPMENT PERSPECTIVE

Above you can see the roadmap — how the team sees their nearest and long-term future.

TEAM MEMBERS AND ADVISORY MEMBERS TO THE PROJECT

Team seems to be the strongest part of this project. It consists of innovative and talented people. Of course I cannot complain if we talk about their professional level, guys indeed are experts on their field.

EMPIRE HOTELS is a global platform and application, where users can order rooms and services using fiat and crypto assets, using blockchain and smart contracts. EMPIREHOTELS is the ultimate platform for users to book both rooms and experiences across the globe. Our platform provides an easy way to check-in/check-out and is fully prepared for the future of room automation. The app is coming soon for both iOS and Android users, and will be fully operational from day one.

For more information, please visit:

Website : https://www.empirehotels.io/

Whitepaper: https://www.empirehotels.io/docs/en/whitepaper-en.pdf

Twitter: https://twitter.com/empirehotelsapp

Telegram https://t.me/empirecash

Facebook: https://www.facebook.com/empirehotelsapp

Instagram: https://www.instagram.com/empirehotelsapp

YouTube: https://www.youtube.com/channel/UCsSnBBk4StaGk1hsu-SQeVw

LinkedIn: https://www.linkedin.com/company/empire-hotels-app

Author
nugezmils

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