Lynkey Archives - OpenBusinessCouncil Directory https://www.footballthink.com/tag/lynkey/ Openbusinesscouncil Fri, 01 Jul 2022 09:08:47 +0000 en-US hourly 1 https://wordpress.org/?v=6.1.6 https://www.footballthink.com/wp-content/uploads/2017/04/faviopen-63x63.png Lynkey Archives - OpenBusinessCouncil Directory https://www.footballthink.com/tag/lynkey/ 32 32 New Global Tourism And Property NFT Marketplace By LynKey Aims To Innovate The $12 Trillion Property And Leisure Industries https://www.footballthink.com/new-global-tourism-and-property-nft-marketplace-by-lynkey-aims-to-innovate-the-12-trillion-property-and-leisure-industries/ Fri, 01 Jul 2022 09:08:47 +0000 https://www.openbusinesscouncil.org/?p=20921 • Non-fungible tokens (NFTs) are revolutionizing the $10.5 trillion global real estate market, according to MSCI, and the $1.3 trillion tourism industry, as per Statista. • NFTs bring new possibilities for the Property and Tourism industries, including innovation for certifying, licensing, leasing, and time-sharing holiday properties. • Blockchain ecosystem LynKey is launching a Tourism and […]

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• Non-fungible tokens (NFTs) are revolutionizing the $10.5 trillion global real estate market, according to MSCI, and the $1.3 trillion tourism industry, as per Statista.

• NFTs bring new possibilities for the Property and Tourism industries, including innovation for certifying, licensing, leasing, and time-sharing holiday properties.

• Blockchain ecosystem LynKey is launching a Tourism and Property NFT Marketplace, allowing for tokens to be exchanged for tourism and timeshare experiences within the ecosystem.

New Global Tourism And Property NFT Marketplace By LynKey Aims To Innovate The $12 Trillion Property And Leisure Industries

Singapore, Hanoi, London 28th June 2022

The Non-Fungible Tokens (NFTs) industry has been on the rise since 2017, reaching a $12 Billion market cap in June 2022 according to CoinMarketCap. What’s more, NFTs are revolutionizing the tourism and real estate industries, shifting the way people buy, rent, and sell property, and experience tourism.

The revolutionary potential of NFTs is down to its unique features: they are like certificates of authenticity that one receives when buying a digital asset (or a digitized asset). These are traded in marketplaces, and range from digital artwork to exclusive experiences, and even the certification of land ownership.

“NFTs provide an essential building block for the creation of the digital world. They offer a ubiquitous means to securely share ownership, access, and use of a unique set of data.  As such, NFTs are then a key enabler of digital transformation and a much-needed invention, enabling us, for the first time, to certify an ever-expanding digital ecosystem on which we are increasingly dependent,” said Dinis Guarda, Co-Founder of LynKey.

NFTs transform the property industry

Property and tourism are great examples of how NFTs are transforming entire industries. Land is divided into different properties. Each property has a clear boundary, and its title comes with certain rights and obligations. The property may have buildings or permissions to build them, each of which will also have its own set of permissions and licences. Properties are bought, leased, and sold. As assets, they generally have a different dimension of value, as land, for their rights, such as mineral extraction, and their potential use, such as commercial use, and they need insurance against certain risks.

Using NFT and blockchain technology, buying and selling a given property becomes a significantly more straightforward, quicker, and cheaper transaction. And their potential goes beyond that.  Where NFTs have started to enable the capture and leverage of a broader range of value with virtual assets, the same is true with property, potentially also extending the identified value related to a property that can be bought and sold.

A more flexible, transparent and friendly tourism industry

On the side of Tourism, business and leisure travellers can now fly to locations all over the world and finalize the details of their trip from a smartphone. It’s safe to say that travel has come a long way from paper records and the cumbersome process of reservations and itinerary management using smartphones to do these tasks.

However, there are still obvious challenges in the tourism and property industry that persist. Global travellers, for example, often have to deal in local fiat currencies and lose money to high exchange fees, they cannot personalize their experience, or even sell, modify or cancel their “trip”.

NFTs and blockchain can speed up the digitization process and tackle these challenges along the way. They allow for digitally enhancing and gratifying experiences and providing utility through loyalty and rewards programs, games, registration and booking incentives, storytelling, event access, and more.

LynKey NFT Marketplace: Bridging and digitizing property and tourism industries

A marketplace is an actual place where NFTs are bought and exchanged. Consider a situation where a large piece of virtual land is fractionalized and is available for sale. When a person buys a particular fraction of this property, it is in the form of an NFT. This means that the owner will receive a specific number of tokens that represent the percentage share in the asset (land). Now, these NFTs could be minted at a marketplace for many reasons- leasing, licensing, or even timesharing. Similarly, NFTs can be created for unique tourism experiences.

LynKey is becoming a pioneer in this NFT revolution of the Property and Travel industries. Building on that vision, LynKey aims to transform smart tourism, property management, and timesharing, starting with their own token, LynK, which is available on Uniswap; and a new NFT Marketplace.

“We intend to bridge the gap between the tourism and property industry and blockchain, showcasing how blockchain can enable an entire property ecosystem that offers massive advantages over the traditional property, tourism, and time-sharing market. And our recently launched NFT marketplace, along with our strong token, is just the first step towards that,” said Jason H. Jang, advisor and blockchain NFT strategist at LynKey.

LynKey’s NFT marketplace offers a platform where new NFTs can be created for countless unique experiences and tokens can be exchanged for those that are already existing. The marketplace will keep the NFT value guaranteed by an actual product from the providers. It is committed to being converted 1:1. A key feature that reinforces LynKey’s commitment towards creating property and tourism markets to be more transparent and digitised, minimise legal procedures, and not be geographically restricted among the countries where Lynkey operates.

An exclusive event to introduce the NFT Marketplace

LynKey’s NFT marketplace harnesses all the potential that NFTs hold to transform entire industries. The company will hold an offline event in Vietnam to introduce its global tourism and real-estate NFT marketplace as it continues to expand its ecosystem. On 29th June 2022, the blockchain-centred platform will take its efforts to Ho Chi Minh City, Vietnam. The primary aim is to drive blockchain adoption and tokenize the Real Estate and Tourism industries, enabling greater user experience.

“The company is revolutionising the travel and entertainment space with smart tourism and an NFT marketplace for it. LynKey connects the global audience with a Blockchain-powered platform and a token that empowers an ecosystem for time-sharing, and reward solutions at premium luxury tourist spots. With a global token, and now an NFT marketplace, LynKey efficiently overcomes the need for intermediaries, empowering its users to explore the ecosystem that offers real-time solutions and, soon, also Metaverse experiences,” said Cindy Tran, LynKey’s Advisor.

About LynKey

LynKey is a 4IR (Fourth Industrial Revolution), all-in-one utility ecosystem that offers unique blockchain-powered solutions for property booking, investment or property rights to use, time-sharing in resorts, hotels, marinas, holidays, other related services, and utilities. LynKey’s new NFT marketplace is the first of its kind to offer digitised timeshare real estate and tourism solutions, improving customer retention and satisfaction.

By building the first crypto ecosystem in the tourism and real estate industry, LynKey offers robust solutions to handle obstacles that are preventing the growth of the industry. The first milestone for LynKey is the creation of NFT products, such as hospitality products, tickets, shophouses, penthouses, villas, yacht services, etc., that meet the needs of partners and customers in this industry.

LynKey envisions tokenizing the Real Estate and Tourism industries globally, bringing together a community of property developers, buyers, and sellers striving to provide the best, most secure property solutions, resorts, and premium tourism experiences.

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LynKey Announces The Launch of Its Global Tourism And Property Marketplace: An NFT Revolution At ITs Brink https://www.footballthink.com/lynkey-announces-the-launch-of-its-global-tourism-and-property-marketplace-an-nft-revolution-at-its-brink/ Mon, 27 Jun 2022 12:49:03 +0000 https://www.openbusinesscouncil.org/?p=20853 LynKey, a preeminent blockchain-powered platform, will hold an offline event to introduce its first-ever global tourism and real-estate NFT marketplace in Vietnam as it continues to expand its ecosystem. On 29th June 2022, the blockchain-centred platform will take its efforts to Ho Chi Minh City, Vietnam. The primary aim is to drive blockchain adoption and […]

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LynKey, a preeminent blockchain-powered platform, will hold an offline event to introduce its first-ever global tourism and real-estate NFT marketplace in Vietnam as it continues to expand its ecosystem. On 29th June 2022, the blockchain-centred platform will take its efforts to Ho Chi Minh City, Vietnam. The primary aim is to drive blockchain adoption and tokenise the real-estate & tourism industry, enabling greater user experience.

Holding NFTs offer two critical opportunities to customers — earning money and travelling around the world without carrying cash. As an emerging blockchain leader, LynKey aims to offer a cutting-edge NFT marketplace where tokens can be exchanged for countless tourism and timeshare experiences within the ecosystem. For the first time in the market, the NFT value will be guaranteed by an actual product from the providers. It is committed to being converted 1:1, which is the inclusive support tool from Lynkey that will help the real estate market be more transparent and digitalized, minimize legal procedures, and not be geographically restricted among the countries where Lynkey operates.

The entire LynKey community will be focused on evolving the smart tourism & real estate industry, taking it to the next level with its first-ever, newly launched NFT marketplace. The event will witness the hosting, initiation, and promotion of NFT products by LynKey and other suppliers in the tourism and real estate sectors. Furthermore, it will also include activities such as auctions, buying, selling, investing, etc. where users can buy and sell NFT products at the LynKey marketplace.

By maintaining the perfect balance between a state-of-the-art blockchain ecosystem and the latest in proptech, LynKey aims to allow global audiences easy and secure access to real estate and tourism experiences. And not just that — the entire experience will be rewarding as well; this means that the loyal user will be rewarded with loyalty points for each transaction. What more? Users get the opportunity to own 5-star resort real estate NFTs.

To promote the use of NFTs, LynKey will offer a unique non-fungible real-estate & tourism experience from prepaid lease to timeshare & licences and a smart tourism marketplace. In its aim to combine the world of digital assets with the world of hotels, resorts, holidays, and properties, the blockchain-powered giant will leverage well-established models to offer tokenised property ownership. LynKey Metamart is one such model where with its all-in-one ecosystem mobile app, it produces, operates, and integrates NFTs more effectively as compared to other available marketplace models. It gives customers the option of flexible, speedy and global payment methods, allowing them to use NFT products immediately with a simple one touch on their smartphones or a scan of barcodes.

LynKey Metamarket, powered by the NFT LynKey multichain through a highly flexible Lynkey wallet, is the first ecosystem capable of storing multi-volume NFTs. And the best part? It can integrate unlimited e-wallets (such as debit and credit cards, Apple Pay, Samsung Pay, etc.) and crypto-wallets (such as Metamask and Trust wallet).

Details of the events taking place in Ho Chi Minh City of Vietnam:

Event: The official launch of The Global Tourism and Property NFT Marketplace by LynKey

Date: 29th June 2022

Location: Sheraton Saigon Hotel & Towers, 88 Dong Khoi, Ho Chi Minh City, Vietnam

Timings: 7–10 pm (GMT+7)

Attendees will have the opportunity to interact, collaborate, and learn from the best minds in the blockchain world. Speaking about the best minds in the blockchain world, following is the list of esteemed panelists at the event:-

Mr. Dinis Guarda, MsC — Non Executive Chaiman of LynKey, founder and CEO of ztudium

David Tran, PhD — Blockchain Expert, Professor of Massachusetts

Mr. Tuan Hua — Chief Technology Officer

Ms. Tran Thi Nguyet Nga (Cindy Tran) — Project Advisor

Mr. Dang Hoang Viet — Deputy General Director of Crystal Holidays Travel

Le Dinh Vinh, PhD — Senior Expert in Finance and Corporate Governance

Mr. Ngo Van Chien — General Director of Meta Solution

Mr. Nguyen Tung Linh — General Director of NDOT

Mr. Ngo Sy Tung— General Director of Timeshare Vietnam

Mr. Mai Duy Quang — Vice Chairman of VINASA, Member of Executive Board of Vietnam Blockchain Association

Mr. Truong Gia Bao (Leon Truong) — Chairman at Digital Transformation for Small and Medium Enterprises (DTS Group)

So come 29th June, gear up and get yourself ready for a host of new and innovative experiences in the NFT world, brought to you by LynKey.

About LynKey

LynKey is a 4IR (Fourth Industrial Revolution), all-in-one and utility ecosystem that offers unique blockchain-powered solutions for property booking, investment or property rights to use, time-sharing in resorts, hotels, marinas, holidays, other related services, and utilities. LynKey’s new NFT marketplace is the first of its kind to offer digitised timeshare real estate and tourism solutions, improving customer retention and satisfaction.

By building the first crypto ecosystem in the tourism and real estate industry, LynKey offers robust solutions to handle obstacles that are preventing the growth of the industry. The first milestone for LynKey is the creation of NFT products, such as hospitality products, tickets, shophouses, penthouses, villas, yacht services, etc., that meet the needs of partners and customers in this industry.

LynKey envisions tokenising the real estate and tourism industries globally, bringing together a community of property and property developers, buyers, and sellers striving to provide the best, most secure property solutions, resorts, and premium tourism experiences.

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Blockchain-Powered Property And Tourism Ecosystem LynKey Host Gala Dinner In Dubai https://www.footballthink.com/blockchain-powered-property-and-tourism-ecosystem-lynkey-host-gala-dinner-in-dubai/ Thu, 26 May 2022 15:09:08 +0000 https://www.openbusinesscouncil.org/?p=20348 Blockchain-Powered Property And Tourism Ecosystem Lynkey hosted a Gala Dinner in Dubai to discuss and deliberate the future of the NFT industry and how it is going to transform the tourism and real estate business. Board members Cindy Tran, Dinis Guarda, Henry Bui, Jorge Sebastiao, and others attended the event. The focus of the event […]

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Blockchain-Powered Property And Tourism Ecosystem Lynkey hosted a Gala Dinner in Dubai to discuss and deliberate the future of the NFT industry and how it is going to transform the tourism and real estate business. Board members Cindy Tran, Dinis Guarda, Henry Bui, Jorge Sebastiao, and others attended the event.

The focus of the event was to bring the current status of the NFT and Metaverse industry to the table and chalk out the trajectories of their future.

“The virtual platforms provide a never-before opportunity to create a digital twin of our physical world, recreating it in every sense. Having said that, I mean you can enjoy this technology in uncountable ways, not to forget achieving the carbon neutrality and ESG targets. In my opinion, the dream of sustainability that we all live today can only be realised with this ground-breaking adaption”, said Dinis Guarda, Co-Founder of LynKey and FreedomX.

The event primarily showcased the transformation made by the revolutionary projects, LynKey in the tourism and real estate business. The opportunities that the projects offered made the event hugely popular, so much so that the hosts had to organise a side party to entertain the increased volume of interest.

Focused on tourism and property markets, LynKey is an innovative effort to create an all-in-one ecosystem for everyone with no bias for geographical or financial backgrounds. The platform offers revolutionary ways to disrupt the conventional tourism and property markets with technological advancements and a solid foundation of blockchain.

“We live now in a world where our moment-by-moment interaction on global digital platforms is as natural as breathing to live on Mother Earth. It is now, as we fondly say, an essential and expected part of our inherent tendency to communicate. Platforms like LynKey and FreedomX give you an opportunity to monetise experiences and choices over the replicated digital space”, said Thomas Le, General Advisor.

Eminent guests including government representatives, technology leaders, delegates from crypto and blockchain projects, and enterprises graced the event with their presence and active participation.

For latest updates and details about the project, visit LynKey – Luxury resort and tourism investment, powered by blockchain.

About LynKey

LynKey is a blockchain-powered 4IR all-in-one ecosystem that is tokenising $8b+ of premium property and luxurious tourism experiences in Vietnam, Singapore, Australia, and other countries of the world.

LynKey focuses on democratising and digitising smart tourism, solving the challenges inherent in the conventional property markets and the tourism industry along the way. In addition, it offers service operators and property developers the ability to offer their products and services over the solid foundations of blockchain and NFTs.

By including the use of NFTs, the ecosystem promises to offer unique non-fungible tourism experiences, prepaid lease, timeshare and licenses, and a smart tourism marketplace.  LynKey has also been designed with DeFi protocols for its users, building an engaging and interactive community hand in hand with them, consequently building a mutually benefitting ecosystem for all.

LynKey is actively working with partners and industry leaders from around the world. Especially significant is Crystal Holiday, a travel agency subsidiary of the Everland Group.

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Blockchain-Powered Property And Tourism Ecosystem Lynkey Discusses The Future Of NFTs And Metaverse At WBS In Dubai https://www.footballthink.com/blockchain-powered-property-and-tourism-ecosystem-lynkey-discusses-the-future-of-nfts-and-metaverse-at-wbs-in-dubai/ Wed, 25 May 2022 17:06:52 +0000 https://www.openbusinesscouncil.org/?p=20325 LynKey, the blockchain-powered smart luxury resorts, tourism, and property ecosystem, was present at the world’s biggest Blockchain event, World Blockchain Summit Dubai. The event (WBS) is a thought-driven initiative bringing blockchain and cryptocurrency ecosystems to a common ground. The World Blockchain Summit took place in Dubai on March 23rd and 24th 2022 with more than […]

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LynKey, the blockchain-powered smart luxury resorts, tourism, and property ecosystem, was present at the world’s biggest Blockchain event, World Blockchain Summit Dubai. The event (WBS) is a thought-driven initiative bringing blockchain and cryptocurrency ecosystems to a common ground.

LynKey Co-Founder Dinis Guarda and Security Advisor Jorge Sebastiao at WBS (Source: LynKey)

The World Blockchain Summit took place in Dubai on March 23rd and 24th 2022 with more than 3000 enterprises making their presence felt at a global level. LynKey, the all-in-one 4IR tourism and property ecosystem, was also present at the event.

With players in blockchain and cryptocurrency from all over the world, stakeholders varying from investors, exchanges, enterprises, and government representatives felicitated the event with their participation. LynKey was honoured and took pride in representing the summit on its second day.

Among the many happening events like inspirational keynotes, pitch competitions, etc., LynKey’s representatives Dinis Guarda (founder and CEO of ztudium Ltd., Co-Founder of LynKey and FreedomX) and Jorge Sebastiao (Co-Founder and Exec Director GBO, Blockchain/Security Advisor of LynKey) participated in the panel discussion for NFTs and the Future of the Metaverse.

“The Metaverse is the latest chapter added to our cultural history. NFTs, on the other hand, are the missing link, the key that opens the Metaverse door to explore the virtual realm, Web 3.0, that lies behind it. With advancements in technology and with greater innovation, we are gradually moving towards realising the full potentials that lie in this world and creating unprecedented solutions like smarter tourism and property tech for people around the world and from all financial backgrounds”, said Dinis Guarda.

LynKey is an innovative effort in collaboration with its esteemed partners like Crystal Holidays, a subsidiary of the Everland Group. It aims to create an all-in-one ecosystem that introduces 4IR (Fourth Industrial Revolution) in the tourism and property industry.

According to Jorge Sebastiao, “NFTs hold the power to unleash the potentials that lay at the bedrock of the decentralised ideologies. As far as their application goes, currently, we are looking at just the tip of the iceberg. We are yet to dive to the bottom of the ocean, simply to realise what a wonderful world lies there, especially with the pace we are budding up the Metaversive ecosystems. There is definitely something radical, transformative, and deeper going on. We need to keep up.”

With a focus on areas like blockchain, crypto, NFT, and Metaverse, and analysing of the dynamics of Web 3.0 ecosystems on commerce and cultures, the summit brimmed with unparalleled networking opportunities.

About LynKey

LynKey is a blockchain-powered 4IR all-in-one ecosystem that is tokenizing $8b+ of premium property and luxurious tourism experiences in Vietnam, Singapore, Australia, and other countries of the world.

LynKey focuses on democratising and digitising smart tourism, solving the challenges inherent in the conventional property markets and the tourism industry along the way. In addition, it offers service operators and property developers the ability to offer their products and services over the solid foundations of blockchain and NFTs.

By including the use of NFTs, the ecosystem promises to offer unique non-fungible tourism experiences, prepaid leases, timeshare and licenses, and a smart tourism marketplace.  LynKey has also been designed with DeFi protocols for its users, building an engaging and interactive community hand in hand with them, consequently building a mutually benefitting ecosystem for all.

LynKey is actively working with partners and industry leaders from around the world. Especially significant is Crystal Holiday, a travel agency subsidiary of the Everland Group.

About World Blockchain Summit

With a global series of elite gatherings taking place in more than 16 destinations, World Blockchain Summit is a level field for every blockchain and cryptocurrency stakeholder. Investors, projects, exchanges, enterprises, government representatives, and technology leaders congregate to deliberate on the future of the industry. WBS is a stage from which potential ideas emerge and revolutionary ways pave the way to realising the transformation of business and government functions.

Key events of the summit include pitch competitions, panel discussions, inspirational keynotes, project showcases, investor meet-ups, industry use-cases, and a host of formal and informal networking opportunities.

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Journeying The Crypto Space For A Hassle-free Tourism And Real Estate Business With LynKey https://www.footballthink.com/journeying-the-crypto-space-for-a-hassle-free-tourism-and-real-estate-business-with-lynkey/ Fri, 22 Apr 2022 15:42:21 +0000 https://www.openbusinesscouncil.org/?p=19731 • A luxury penthouse in Miami was sold at $22.5 million using cryptocurrency. This is not the first-ever digital real estate transaction. However, it’s definitely the biggest to date. • Luxury hotels like Sri Panwa Phuket, the Pavilions Hotels & Resorts, Chedi Andermatt, and more accept cryptocurrency as a mode of payment. Journeying The Crypto […]

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• A luxury penthouse in Miami was sold at $22.5 million using cryptocurrency. This is not the first-ever digital real estate transaction. However, it’s definitely the biggest to date.

• Luxury hotels like Sri Panwa Phuket, the Pavilions Hotels & Resorts, Chedi Andermatt, and more accept cryptocurrency as a mode of payment.

Journeying The Crypto Space For A Hassle-free Tourism And Real Estate Business With LynKey

And this goes on and on…

Do you know what that means?

The crypto bandwagon is like a classic romantic drama wherein the lead (a crypto-geek) is in deep true love with its interest (cryptocurrency or possible investments). And then, there is a villain (one who opposes crypto and thinks it’s not safe), because of whom this love affair faces a lot of resistance. But, love always prevails in the end, and the couple (the crypto-geek and its investments) lives happily ever after.

Currently, over 50% of the global luxury market and 58% of the crypto investor community comprises millennials. Now, since GenZ is so much interested in the crypto sphere, this is going to redefine our future as it evolves with altering needs and global conditions. Why not, then, take a dive into the technology that promises a better and revolutionary tomorrow?

The blockchain is accelerating towards an evolved version. Luxury tourism and real estate are the latest players in this realm where technological advancements are redesigning the entire infrastructure. Platforms like LynKey are tokenising the travel and property industry. With the growing number of participants, these platforms are increasingly becoming more influential. They aim to realise the luxurious travelling desires of every stakeholder (irrespective of their financial status) with highly personalised experiences and exclusive services.

Still on the fence? Here are some more reasons why the future of tourism and real estate is blockchain and crypto:-

It’s Transparent and Secure.

Every transaction conducted through blockchain is recorded on the network. And here’s the best part – these records are unalterable. So no matter what, nothing and no one can modify the transaction under any circumstance. This makes it more transparent and secure than any conventional mode of transaction. Moreover, only those parties that are involved in the transaction process have access to the records. This means no unauthorized access!

It’s Seamless and Efficient.

A digital payment makes it easier to pay for travel, flight tickets, transportation, resort bookings, leisure activities, and more. And not just that, by leveraging blockchain and paying via crypto, you can avoid hefty bank charges, ATM fees, currency conversion charges, and safeguard against monetary theft while travelling. What’s more? It’s a fantastic alternative to credit cards!

Blockchain, Real-Estate, and Tourism – The Three Musketeers of a Seamless Holiday Experience

Blockchain empowers platforms like LynKey to facilitate digital transactions for all its services and products. It enables tokenisation of physical assets such as resorts, buildings, bungalows, and esoteric assets like exclusive experiences in the form of NFTs. Now, with the rise in popularity of the Metaverse, blockchain technology is proving hugely instrumental in digitalising popular travel destinations for various activities like virtual tours and exclusive events.

The Possibilities are Endless. This is why several major players in the luxury tourism and real estate industry, like the Everland Group and Crystal Holidays, are jumping overboard on the crypto bandwagon.

LynKey- Harnessing the potential with blockchain for travel and real estate

LynKey, the blockchain-powered technology-centred global ecosystem, is working with such players to kickstart high-quality development projects – luxury resorts, travel services, and many more. Initially, the project aims to bring in real estate assets to the project with a road map of up to $8 billion.

In addition, LynKey also aims to offer valuable services, facilitating tourist destinations to steer towards smart-city governance and smart tourism. These are packed with world-class amenities, thriving economies, ancillary services, good public transport, and more.

LynKey’s utility token, LYNK, ensures a secured and convenient way of making payments on the blockchain. And these can be redeemed seamlessly once you arrive at your destination, resulting in a frictionless travel experience. The customised and innovative solutions offered by LynKey facilitate an improvised (digitalised) method of culminating property transactions, sealed securely with smart contracts.

So whether you are planning a resort holiday, upgrading a business trip, or purchasing a timeshare, LynKey will digitise it, secure it, and make it hassle-free all in one fell swoop.

That’s what makes LynKey stand apart from the crowd.

Enter the Future and Envision it with LynKey

Cryptocurrency has forever changed the face of the financial market. LynKey aims to do the same to the tourism and real-estate landscape. By enhancing the tourism experience and providing access to transactions in international property, LynKey aims to decentralise the entire network, improve efficiency through smart contracts, and make it more transparent.

“A world where tracing transactions will no longer be a challenge. 

A world where every digital transaction will be secure.

And a world where travelling and purchasing property will be transparent, seamless, and efficient.”

This is what LynKey offers.

So what are you waiting for? Hop onto the LynKey bandwagon and make your way to hassle-free travel and real estate.

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Digitalising Real Estate Investment : Another Immersive Potentiality In The Metaverse https://www.footballthink.com/digitalising-real-estate-investment-another-immersive-potentiality-in-the-metaverse/ Fri, 25 Mar 2022 12:58:25 +0000 https://www.openbusinesscouncil.org/?p=19190 Digitalising Real Estate Investment Remember how experts used to say that location is the most imperative facet of real estate and how it influences property rates? Well, that’s not the case anymore. Now, people all over the planet are paying REAL money for VIRTUAL real estate! Digitalising real estate investment is another immersive potentiality in […]

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Digitalising Real Estate Investment

Remember how experts used to say that location is the most imperative facet of real estate and how it influences property rates? Well, that’s not the case anymore. Now, people all over the planet are paying REAL money for VIRTUAL real estate! Digitalising real estate investment is another immersive potentiality in the Metaverse.

Digitalising Real Estate Investment : Another Immersive Potentiality In The Metaverse

Digitalising Real Estate Investment

Yes, you heard it right. Here’s more…

• A Canadian investment firm bought a plot of digital land and paid $2.43 million in crypto. This is considered one of the most notable purchases in the Metaverse to date. 

• The digital “Mars House” was recently sold for $500,000. The transparent virtual home can be built in real life by glass furniture makers in Italy, said Krista Kim, its author, and creator.

• And who can forget Beeple, the artist who sold an NFT for $69 million in May 2021?

So what’s the deal here? Why are people suddenly shifting to the Metaverse? What’s in it for the investors?

Let’s find out.

Metaverse & Blockchain – The Two Digital Pillars of the Real Estate Industry

Despite the high prices, people are inclined towards transitioning to Metaverse real estate. 

Here’s why…

Since its inception, the technology has allowed humans to take ownership of virtual assets as transactions have become significantly secure. The technology has since been incorporated into the world of gaming and art to facilitate ownership of in-game assets and more. Here’s what real estate owners can do with blockchain and the Metaverse in the coming years:-

• Develop land, construct malls, shopping complexes, houses, shops, and more.

• Run businesses or lease the land to others.

• Host parties and social gatherings.

• Re-sell the land for a profit.

• Use the property as collateral to raise a loan from banks.

• Create adventure parks.

• And possibly everything that can be done in real life.

The Metaverse & Blockchain Adoption

Blockchain, a powerful, new world technology, is currently being leveraged by several industries ranging from finance, security, and healthcare. The next stop is travel and tourism. This is where LynKey comes into play. The blockchain-centred platform provides a decentralised approach to real estate and travel, rendering transaction history unalterable and transparent. 

The Canadian investment stats mentioned above is the ideal case in point. Clearly, commercial real estate in the Metaverse is going to play a crucial role in the global real estate industry. But does it really have a future? How are the current and future markets of Metaverse looking?

Metaverse – The Current & Future Scenario

Like in the real world, virtual buildings and other real estate are being sold in the digital world. You can find real estate agents, rent agreements, smart contracts, and more, just like you would in the real world. 

In fact, according to Globe-News Wire, the metaverse real estate industry is expected to grow at 31.2% CAGR during 2022-2028.

Blockchain-powered platforms like LynKey are investing billions of dollars towards the tokenisation of the industry. What’s more intriguing, by leveraging blockchain technology, LynKey aims to transform real estate into a liquid asset, changing the entire dimension of how people used to look at property investment.

Now let’s respond to the question of the hour – Why are Real Estate Investors Migrating to the Metaverse?

In today’s digital realm, it’s nearly impossible to imagine a life without technology. Moreover, the social distancing restrictions and lockdowns due to Covid-19 diverted the traffic online. 

And this is what led to the soaring demand for a second reality world. Enter Metaverse…

Experts believe that travel and real estate are two sectors that are likely to leverage the power of Metaverse in the coming years. Investors want to cash in on this incredibly profitable opportunity. Therefore, real estate buyers in the virtual world are not just limited to commercial buildings/land but also extend to communities and luxury properties like hotels and resorts.

However, the challenge here is that the experience of buying or renting a property is inconvenient, tedious, time-consuming, and not to mention, expensive. Ranging from contracts to signing off the property rights and, of course, the hassles of dealing with intermediaries are just gruesome.

This is what LynKey, a blockchain-powered platform, aims to help overcome. LynKey not only aims to enable peer-to-peer transactions to accelerate the legal processes but also leverage smart contracts to streamline and automate them. These smart contracts can be programmed to initiate actions and execute orders as required instantly. The best part? There is no need for a broker or an intermediary; you can keep the entire process restricted and secure.

Clearly, The Possibilities are Endless…

This new world, a second-reality world, is still being settled in and will most certainly require a lot more than a few digital currencies and a dominant network to flourish.

However, as of now, the transfer of property ownership is a labour and cost-intensive process. That’s just not it. In today’s market, the value is attached only to real-world assets. LynKey understands this, which is why the project is unique and exceptional. By tokenising $8 billion in travel, tourism, and real estate, the company aims to “blockchain” it all. This tokenisation will allow tangible, real-world assets to be traded on the blockchain through exchanges like utility tokens, eliminating barriers to entry.

The real estate and travel world may be on the verge of being revolutionised forever. So would you wait, or do you want to grab this incredible opportunity and enter the new realm of virtual real estate? 

Don’t forget to sign up for the LynKey ecosystem TODAY!

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Realising Virtual Property And Smart Tourism With NFTs And Metaverse https://www.footballthink.com/realising-virtual-property-and-smart-tourism-with-nfts-and-metaverse/ Wed, 09 Mar 2022 09:07:25 +0000 https://www.openbusinesscouncil.org/?p=18944 Realising Virtual Property And Smart Tourism With NFTs And Metaverse Realising Virtual Property And Smart Tourism With NFTs And Metaverse : Everyone has heard about Mark Zukerberg’s big launch of the Metaverse. However, if you think only Zukerberg’s the only one with Metaverse up his sleeve, think again… Realising Virtual Property And Smart Tourism With […]

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Realising Virtual Property And Smart Tourism With NFTs And Metaverse

Realising Virtual Property And Smart Tourism With NFTs And Metaverse : Everyone has heard about Mark Zukerberg’s big launch of the Metaverse. However, if you think only Zukerberg’s the only one with Metaverse up his sleeve, think again…

Realising Virtual Property And Smart Tourism With NFTs And Metaverse, LynKey, LYNK, proptech, smart tourism, blockchain, innovation, lynkey.com

Realising Virtual Property And Smart Tourism With NFTs And Metaverse

Here are some brands that are making their way to the Metaverse:-

• After applying for the virtual trademarks, including the swoosh, and the “Just Do It” tagline, Nike plans to launch a virtual line of clothes, shoes, and accessories. It aims to make your ‘avatar’ look fabulous in the Metaverse. The brand had earlier patented “CryptoKicks” — blockchain-based sneakers. 

• Dropbox, the solution to help you keep your life organized and work moving, is another player. It is positioning itself as a storage solution where you can stash all your digital goods in the Metaverse.

• Following the lead, Microsoft aims to give MS-office a Metaverse makeover. Similarly, Epic Games, the brains behind Fortnite, is positioning itself as a Metaverse builder.

Apart from athleisure, gaming, and cloud storage, there’s another industry making headway into the Metaverse – tourism. That’s right!

LynKey, a global blockchain-powered platform, recently launched a revolutionary project aiming to tokenise worth $8+ billion of tourism property. It also offers NFT and Metaverse solutions for a luxurious travel and tourism experience.

Let’s get to the bottom of it and understand what NFTs and Metaverse are and their impact on our lives?

Understanding the Metaverse Universe

Simply put, Metaverse is a digital world operating on the blockchain. This world is scalable, interoperable, versatile, and boasts innovative technologies and models of interaction among its participants. By leveraging the power of technologies like AR and VR, the Metaverse aims to provide unlimited virtual social interaction and business opportunities. 

In other words, Metaverse is like a 3D universe that comprises thousands of processes and elements such as communications, finances, gaming, NFTs, and so much more.

But why all the hype? The primary reason is the freedom it offers; anyone in the Metaverse can create, buy and view NFTs to collect virtual estate, invest, game, and more. This opens up innumerable opportunities for tokenising real-world and digital assets. This is exactly what LynKey strives to create within its ecosystem.

LynKey aims to take the digitisation of travel and real-estate up a thousand notches. To lay the groundwork, it has initiated the digitisation of luxury tourism resorts, hotels, and real-estate at multiple locations, including Vietnam, South Africa, Singapore, United Kingdom, and soon, it’s going to be the world!

So It’s Time to Acknowledge NFTs Impact on the Metaverse

• NFTs are the Gateway to Virtual Property & Real-estate

Imagine if you could borrow money from banks and financial institutions against a valuable piece of virtual land. This means digital homes and assets will be used as collateral for loans. 

Through its platform, LynKey ensures that users can create real-time digital assets or NFTs. 

The conventional process of buying, leasing, or renting a property comes with its own set of challenges. Multiple transactions, intermediary intervention, and of course, exhaustive time and money investment are some of the general ones. 

With LynKey’s virtual real-estate in open Metaverses, you can automate and accelerate these legal processes. Smart contacts can be programmed as per your need to trigger actions and execute orders instantly. 

And what does that lead to? A hassle-free, secure, and convenient process of purchasing property-related assets. You can indulge yourself in convenient and rapid transactions for building, shares, debt or equity. 

No more waiting for weeks or even months to close your deal!

• New, Exciting Trends for the Real-estate

As NFTs become the new currency and collateral, the property and real-estate world can look forward to emerging trends. For instance, you’ll be able to use NFTs for gaining complete ownership of virtual spaces in the Metaverse. 

That’s just not it — LYNK utility tokens are tied to the actual property. LynKey has immense potential to solve liquidity and efficiency challenges in the real estate industry. As a participant, you will be able to build a diverse real-estate portfolio, without having to deal with local politics, outdated regulations, or time-taking transactions.

LynKey takes care of all of that!

Here’s What the Future of Metaverse Looks Like

There will be no more real-estate agents to intervene.

People will be able to buy real-world assets by trading NFTs.

The company’s balance sheet and other financials will include NFTs.

People will be able to use virtual digital assets or NFTs as collateral.

What are added benefits?

Selling land for profit, renting it for passive income, building various structures like online departmental stores on the existing land, hosting social events, or even going on dates! 

Therefore, NFTs bring ownership and uniqueness to the digital world. They are also the “LYNK” to the Metaverse, where everything is possible. LynKey swoops in and save the metaphorical day. 

By unleashing the powers of smart contracts, NFTs and Metaverse, LynKey aims to transform the way the real-estate economy operates. And not just that, the blockchain-powered platform also believes that the social experience will witness a dramatic upgrade as more and more people will get familiarized with this new life-altering concept.

NFT ownership will be the key to opening up a world of opportunities in the emerging Metaverses. Keeping that in mind, it wouldn’t be far off the mark to say that the future of the Metaverse looks bright, and it feels right! 

So, hop on the Metaverse train before it leaves the station, and explore the realm of LynKey ecosystem in its full vigour!

Read more: Making the Metaverse the key to a better future instead of a dystopian prison

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The Metaverse And NFT Ways To Revolutionise The Businesses Around Us https://www.footballthink.com/the-metaverse-and-nft-ways-to-revolutionise-the-businesses-around-us/ Wed, 02 Mar 2022 06:23:02 +0000 https://www.openbusinesscouncil.org/?p=18811 The metaverse and NFT ways to revolutionise the businesses around us : Week after week, day after day, the expansion of Metaverse is picking up pace. Every day there’s a new brand in the space, ranging from fashion houses, travel & tourism, real-estate to superstores, and of course, gaming. Metaverse is on the precipice of […]

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The metaverse and NFT ways to revolutionise the businesses around us : Week after week, day after day, the expansion of Metaverse is picking up pace. Every day there’s a new brand in the space, ranging from fashion houses, travel & tourism, real-estate to superstores, and of course, gaming. Metaverse is on the precipice of becoming a second reality.

Considering its popularity and surging interest, let’s discover what happened across various brands and verticals last week within the Metaverse:

The Metaverse And NFT Ways To Revolutionise The Businesses Around Us

Louis Vuitton Launched a New Game Called “Louis the Game”, Here’s the Tea…

The Metaverse And NFT Ways To Revolutionise The Businesses Around Us
The Louis Game by Louis Vuitton

To celebrate its founder’s 200th birth anniversary, the French fashion house, Louis Vuitton, launched a mobile game “Louis the Game”. This is no ordinary game – immersing the player in the world of quests. This involves collecting 200 candles while embarking on the brand’s journey of over two centuries and trying to find one of the 30 precious NFTs hidden in the game.

There’s more, Vivienne, the wooden doll mascot bears the flower monogram of the LV brand. It also helps in collecting NFTs, one of which (an art college) is worth a whopping $69.3 million! However, the NFTs are used only as a part of Louis the Game’s collection and are not open for public selling.

Digital Sneakers have Now Become a Reality Thanks to Nike x RTKFT

Nike x RTFKT

This one is for all the sneaker enthusiasts in the house – Nike is launching its new piece of digital sneakers, after acquiring the digital sneaker brand RTKFT. Co-founded by Benoit Pagotto, Chris Le, and Steven Vasilev, RTKFT is not just any digital sneaker brand; it sold around 600 pairs of virtual shoes worth $3.1 million IN UNDER 7 MINUTES!!!

Now, it’s part of the Nike Inc. family. And even though these cannot be worn in real life, the prime motive behind its launch was to blur the lines between sports, gaming, and sportswear.

Coca-Cola and Virtual Wearables? It Doesn’t Make Sense. Here’s the Tea…

Coca-Cola The Friendship Box NFT

To celebrate International Friendship Day, Coca-cola launched its first-ever NFT collectables in the Metaverse in collaboration with Tafi. These virtual wearables were auctioned on OpenSea is a loot box containing the apparel that can be worn inside the virtual world of Decentraland.

Once opened, this Coca-Cola friendship box contains a futuristic Coca-Cola bubble jacket wearable. This wearable has been accessorised with a sound visualizer that has the power of capturing the experience of sharing a Coca-Cola. It also contains a friendship card inspired by the brand’s trading cards from the 1940s.

Balenciaga x Fortnite – Stepping Up its MetaGame

Balenciaga x Fortnite (Source: https://www.epicgames.com/fortnite/en-US/news/high-digital-fashion-drops-into-fortnite-with-balenciaga)

Epic Games, the makers of Fortnite, have collaborated with one of the biggest fashion houses on the planet – Balenciaga. The collaboration aims to present the first-ever high-fashion Fortnite skins into the game. The companies are not just working towards curating virtual luxury apparel, they’re also launching an in-game Balenciaga-themed hub for real-world clothing lines that anyone can buy.

Simply put, it’s like a virtual world fashion show but in a gaming format wherein Balenciaga showcases their new fashion wear. The game includes four new skins, and each one has alternate styling options. Balenciaga is also planning to display other accessories like a pickaxe based on the Speed Sneaker, bling backpacks, and more.

The hub also includes a virtual Balenciaga store wherein visitors can walk in and buy from the latest collection. And just above the virtual store at Times Square, New York, an animated billboard features the walking dog Doggo in a hoodie, which looks so real that it immediately attracted the attention of passersby.

LynKey – Offering Smart Luxury Resorts, Tourism & Real-Estate

The Metaverse And NFT Ways To Revolutionise The Businesses Around Us

LynKey, a blockchain-powered platform, is all set to tokenise $8 Billion in the premium real-estate, travel, and tourism industry. The aim is to deliver a luxury experience worldwide by unleashing the power of blockchain.

From hotels, resorts, to flight tickets, restaurants, and even transportation, everything will be tokenised and/or available on a timeshare basis. To ensure a friction-less real-estate experience and enable peer-to-peer transactions, LynKey is leveraging smart contracts to automate and accelerate legal processes. The best part about these smart contracts is that they can be programmed to trigger customised actions and execute orders as required.

There’s more…

LynKey believes that the true future lies in real-world assets, which is why their tokens are tied to actual property. In fact, this is what makes this project significant. To go the extra mile, LynKey has also launched its utility token to deliver an unparalleled tourism experience for travellers and tourists. This utility token offers real-world value, so whether you want to book a resort holiday or want to upgrade your next business trip, you can do it all with LynKey.

Metaverse – The Old But Unexplored Gold

Even though the term Metaverse was first coined in 1992, the true potential of this revolutionary technology is yet to be discovered. Of course, the world is still years away from unleashing its true potential, but until then, Metaverse will require billions and trillions of dollars in investment. And there’s not even a shred of doubt that if the world of Metaverse continues to expand at this pace, you’re looking at a second reality world.

So before that happens, hop on the Metaverse train and get familiarised with this new reality world. This is where LynKey comes into play. This blockchain-powered platform can help you unleash the powers of smart contracts, timeshare, NFTs, and Metaverse. By tokenising the real-estate and travel industry, LynKey aims to transform the way people travel and invest in properties.

What are you waiting for? Enter the new world reality, enter the LynKey ecosystem.

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Technological Advancements In Blockchain To Render Growth And Development In Tourism: Understanding The Basics https://www.footballthink.com/technological-advancements-in-blockchain-to-render-growth-and-development-in-tourism-understanding-the-basics/ Fri, 18 Feb 2022 17:32:45 +0000 https://www.openbusinesscouncil.org/?p=18655 Technological Advancements In Blockchain Technological Advancements In Blockchain : “Imagine a world where your luggage never gets lost. You never have to wait for your hotel loyalty rewards to materialise. All your passports and visa documents are digitised. That’s the kind of world blockchain aims for”, Mayank Singhal, member of the Blockchain Research Institute at […]

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Technological Advancements In Blockchain

Technological Advancements In Blockchain : Imagine a world where your luggage never gets lost. You never have to wait for your hotel loyalty rewards to materialise. All your passports and visa documents are digitised. That’s the kind of world blockchain aims for”, Mayank Singhal, member of the Blockchain Research Institute at Toronto.

Technological Advancements In Blockchain

Technological Advancements In Blockchain

Here’s the ugly truth: Initially, the blockchain technology was curated to only run Bitcoin. However, considering its advantages, scalability, and potential uses, researchers anticipated that it would significantly impact the travel industry. And guess what, they weren’t wrong!

Blockchain technology has taken the tourism and travel industry by storm. So, let’s understand the what, why, and how of blockchain in the travel industry.

The What

Simply put, blockchain is a list of time-stamped transactions between parties. These transactions are known as blocks and can be for anything related to a sale of goods, services or even data. And each of these blocks is stored in one place.

Everything before this sounds like a cloud storage application, right? Now, this is where the tables turn (for good, of course) — Instead of being stored in a centralised database (like in cloud storage), blockchain transactions are decentralised.

What does that mean? This simply means that each block of data is connected to the next, essentially forming a “chain”- just like link and locks.

Fascinating, right? Read on to discover the advantages of blockchain in this domain.

The Why

  • Travel Industry — A Natural Fit for Blockchain

Inevitably, travel comprises data sharing amongst multiple parties, ranging from travel advisors, online travel package providers, airline companies, credit card companies to hotels and car rental agencies. Considering the number of parties involved, the process is in definite need of streamlining.

This is where blockchain-powered platforms like LynKey come into play. By making the accessing, storing, and sharing of information more accessible and reliable, LynKey allows parties to transact directly with each other. It conveniently eliminates the need for intermediaries.

What’s more? Transactions are logged in real-time, putting an end to duplication, deletion, malicious activities, and all the confusion.

  • Blockchain Provides Transparency and Privacy at the Same Time

Making payments in and out while travelling is entirely normal, be it for the hotel accommodation or taxi fare. This indicates that financial transactions are the key to the travel industry.

LynKey not only simplifies the payment process but also makes it more secure and traceable, including international payments. That is, you will be able to see your transaction entry in the public ledger. But this entry will not be visible to others to keep it private and secure.

  • Blockchain has the Power to Enable Innovation

Despite being a multimillion-dollar industry, travel and tourism is being dominated by monopolies. In fact, 90% of the travel and tourism companies and online portals are owned by Booking.com or Expedia. This kills the scope of innovation down with it.

Smart contracts leveraged LynKey to emerge as a literal knight and shining armour for the travel industry. By unsheathing its power from blockchain, LynKey aims to tokenise over $8+ billion of luxury tourism and property experiences worldwide. With its initial projects in Vietnam, LynKey will span through Singapore, Australia, South Africa, and other parts of the world soon.

The How

  • By Facilitating a Seamless Travel Experience

From visa, flight tickets, comfortable and safe transportation, accommodation, and restaurants to world-class entertainment, blockchain has the potential to revolutionise the way people travel.

LynKey, a blockchain certification and utility system, is here to offer unique solutions. While you book, buy property rights to use, get timesharing resorts, hotels, marinas, holidays, and other related services, the ecosystem ensures that you have a frictionless travel experience.

  • By Offering Reward Points in Real-Time

Customer loyalty programs are the bread and butter of the tourism and travel business. By leveraging the power of blockchain, LynKey aims to simplify and further streamline the process.

How?

The instant you pay your bill at the hotel using LynKey, your points will appear instantly in your LYNK wallet.

You’ll not have to wait for 2–3 days for the information to be updated and your points to roll in! Blockchain has got it covered.

  • By Digitisation of Timeshare, Licensing, and Leasing

Another way blockchain aims to revolutionise the travel industry is by the introduction of ownership of the timeshare. Simply put, timeshare is a shared ownership model wherein multiple purchasers buy usage rights for the same property.

LynKey allows its users to buy a timeshare in resorts, hotels, marinas, holidays, golf events, experiences, and other travel-related services. It offers a new and advanced capability to increase customer satisfaction and save costs.

The Future is Now; The Future is Blockchain

Blockchain technology may still be in its infancy; however, the way it’s infiltrating the travel and tourism industry is undoubtedly intriguing. Exploring this new method of storing data that is secure, transparent, and decentralised will be an adventure, irrespective of the industry. But as far as the travel and tourism industry is concerned, blockchain is going to prove to be an instrumental pillar in the success of early birds like LynKey.

The “LYNK” to a global premium digital assets ecosystem and community that offers exclusive travel experiences is here.

The million-dollar question is — are you ready for the future? Are you ready to leverage this worthwhile and promising technology?

If yes, LynKey is the ideal solution for you.

To know more, visit lynkey.com

Download the app and indulge yourself in the unlimited benefits of the ecosystem.

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How Blockchain Is Revolutionising Property And Tourism Industry: The LynKey Way https://www.footballthink.com/how-blockchain-is-revolutionising-property-and-tourism-industry-the-lynkey-way/ Fri, 11 Feb 2022 12:40:16 +0000 https://www.openbusinesscouncil.org/?p=18563 Blockchain has become the new buzzword of the 21st century, even more so than digital marketing and AI. This cutting-edge, revolutionary technology is on its way to transforming every facet of human life; travel is no exception. It may even be the first one in line. Blockchain has gained increasing popularity over the past decade. […]

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Blockchain has become the new buzzword of the 21st century, even more so than digital marketing and AI. This cutting-edge, revolutionary technology is on its way to transforming every facet of human life; travel is no exception. It may even be the first one in line.

Blockchain has gained increasing popularity over the past decade. Entrepreneurs and data engineers have been showing greater interest in the potential this technology holds. The immutability, transparency, and improved transaction security have been the common reasons for this growing interest.

The urgent need for these attributes was the reason that prompted the tourism industry to experiment with blockchain.

In what form?

Crypto-based payments!

Cash and plastic money will soon be a thing of the past. Cryptocurrency is what will emerge as the new mode of payment.

It enables not only faster, secure, and borderless transactions but also a more lucrative reward mechanism. And of course, the technology blooms well with the growing number of millennials using this technology.

Did you know that millennials represent more than 50% of the global luxury market?

LynKey is a global platform powered by blockchain. It recently announced its latest project, tokenising and offering NFT solutions worth $8 billion towards travel and tourism using this technology.

Leveraged by the smart contracts feature, it offers LYNK token marketplace to digitise luxury resorts and properties at multiple locations in Vietnam, Singapore, Australia, and many other places around the world.

  • Stability & Security is Never Compromised

The decentralised nature of blockchain means that the information can never go offline or be lost through deletion or a malicious cyber-attack. This roughly translates to “always traceable transactions”, which is a gold standard as far as stability and security are concerned.

  • Convenient Accessing and Storing Information is Always On the Table

The travel industry dramatically depends on sharing travellers’ information. For instance, travel agents are required to share customer information with airline companies and hotels. Blockchain makes this more accessible and reliable as the information is stored on an open network but with restricted access.

  • Secure Payments are a Vital Part of the Deal

Is the security of an overseas payment concerning you? Blockchain ensures trustworthy transactions by keeping the entire process transparent amongst its participants.

Making travel more secure, transparent, and convenient — that’s the goal.

By combining the power of tourism and blockchain, Lynkey aims to modernise the way people travel. Here’s how LynKey envisions to revolutionise the traditional travel model:

  • The Headache of Payments

All the transactions on the blockchain network remain registered in the chain and cannot be modified. That’s the underlying principle of every product rolled out by LynKey- be it the virtual wallet, the NFT marketplace, the trading exchange, and other financial benefits.

Moreover, LynKey eradicates the intervention of intermediaries by introducing the decentralised nature over its network.

  • Inept Hotel and Transportation Coordination

Decentralised management systems = significant savings for a luxurious holiday experience.

How?

Getting rid of middlemen, and using LYNK utility tokens as the intrinsic currency. This ensures an accessible and secured transaction while keeping it seamless and hassle-free. Thus, reducing spending on unnecessary coordination and management.

  • Sub-standard Baggage Management

It’s not just the hotel accommodation that is streamlined by LynKey, but every facet of your travel journey, including baggage claim.

Once you say goodbye to the luggage at the check-in counter, it changes hands throughout the trip. This increases its chances of going off the track.

A blockchain-powered platform allows you to monitor your luggage between flights and lets you know precisely where your suitcase is at all times.

  • Inferior Reward Systems

You may be a part of 5, 7, or even 10 loyalty programs with 3 different travel companies. The primary goal of initiating these programs or reward systems is to turn you into a repeat customer. However, blockchain is on its way to putting an end to getting involved in the complexity of all these loyalty programs.

By allowing customers to check their points and exchange them for cryptocurrency, blockchain aims to take these processes up a notch.

As more and more people are familiarised with and accustomed to the blockchain, the applications of this technology within the travel industry will evolve too. This means collaborative experiences, packages, and timeshare programs with multiple luxury resorts and tourism groups. This means you can finally focus on the travel and not the payments or what goes on behind the curtain. Blockchain is here to make the backstage as clean as a whistle!

So what are you waiting for? The “LYNK” to the future of travel and holiday plans is here. Leverage the blockchain-powered platform of LynKey and make your holidays all about fun and NOT worrying about payments.

To know more, visit lynkey.com

Download the app and indulge yourself in the unlimited benefits of the ecosystem.

Download LynKey app for IOS

Download LynKey app for Android

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