About LaariCoin
LaariCoin is a fintech company based in Singapore with a focus on decentralized tourism. The Worldwide Tourism Market is dominated by big online travel companies, who charge a lot of commission, which means an increased price for travellers. The goal of LaariTravel is to make travelling much cheaper by charging absolutely no commission and also allowing maximum customization of travelling.
Basic Information
Token Name | LaariCoin |
Token Symbol | LAAR |
Social Media | |
Soft cap | 100,000 USD |
Hard cap | 42,000,000 USD |
Token for sale | 21,000,000 LAAR |
Country | Singapore |
Whitepaper | Click Here For View Whitepaper |
Website | Click Here For Visit ICO Homepage |
Dominance
Tourism industry faces some significant challenges. Dominance of online travel agencies is forcing travelers to pay increasingly higher price for booking accommodation. Laaricoin are using potential of blockchain technology and crypto currency to eliminate all costs coming from third parties. LaariTravel is Singaporean FinTech company focused on decentralized tourism. In a spirit of blockchain are 100% commission free company and will never change LaariCoin policy! Connecting hospitalities with tourists through our LaariCoin is our primary goal.
Blockchain
LaariCoin is based on Ethereum, a public, open-source, censorship-resistant and innovative blockchain protocol and distributed computing platform, that provides a decentralized Turing-complete virtual machine (the Ethereum Virtual Machine (EVM)) enabling the execution of smart contracts.In general, a blockchain is a distributed database that enables a digital ledger of assets and transactions, which are shared among a distributed network of users, and are thus tamperproof.
Features
Technology
LaariTravel intend to solve the problems faced in hospitality industry by eliminating 3rd parties and using blockchain technology. LaariCoin are building strong community and every month are adding new partners. Each and every individual, asset and transaction will be provided with a unique optical code, that enables a fast and seamless authorization, authentication, verification or certification. The Universal Product Code (UPC Barcode) and the Quick Response Code (QR code) are very limited in their functions and capabilities.
Architecture
On top of the blockchain, LaariCoin developing the synapse protocol, which is a independent application layer inspired by the human brain. It is designed to further the functionality, scalability, and performance of the LaariCoin platform by enabling smart authorization contracts. Smart contracts are decentralized programs that function on defined rules created with scripting languages, which can be either integrated into the protocol or dynamically created.
Smart contracts
Smart contracts usually also have a user interface and often emulate the logic of contractual clauses. Proponents of smart contracts claim that many kinds of contractual clauses may thus be made partially or fully self-executing, self-enforcing, or both. Smart contracts aim to provide security superior to traditional contract law and to reduce other transaction costs associated with contracting.ii The Synapse layer is responsible for storing data safely and effectively and verifying identities against the stored access authorization.
Access lock
The access lock layer acts as the gatekeeper, processing incoming requests to the synapse
layer and granting temporary access if the requesting instance is authorized. For this purpose LaariCoin developing the 2²- key-algorithm, providing one static key with a dynamic (temporary) key only if the other key is still valid by authorization and vice versa. Access is only granted to two dynamic keys. This mechanism replaces the traditional twofactor authentication enabling a wide range of potential applications.
Platform
The LaariCoin solutions will be accessible through the LaariCoin platform and, in contrary to most of the currently available systems, through an easily manageable web application graphic user interface (GUI) -, as well as through mobile apps (for Android, iOS) to enable key authorization and authentication functions, staking and wallet interactions. For maximum accessibility and usability, each product will have its own category-based landing page with the interaction section itself, as well as explanatory how-to-content (text and video) and best practice examples.
Video
Team
Member | Jakub Novak FOUNDER & CEOIvana Habel CMOVictor Chow BUSINESS DEVELOPER |
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Quote This article is writing on 16 May 2019 based on information available online & news portal. If you feel it’s outdated or incorrect, please write here to update it. Mail us: [email protected] Or Whatsapp Us- +13098896258
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