Travel service LockTrip will add another 300,000 hotels and 900 airlines to its portfolio by the end of 2020 as it looks to create a blockchain - based web site . The platform currently offers accommodation at 100,000 hotels and 1,500 holiday rentals worldwide at what it claims is an average 20 % discount . The platform 's system enables credit cards to connect instantly with its ERC-20 LOC token , allowing customers unfamiliar with cryptocurrency to use a credit card , with the card automatically exchanged for cryptocurrency . The European start - up has also launched a mobile app and plans to develop a platform supporting Ethereum .
Travel service LockTrip will add another 300,000 hotels and 900 airlines to its marketplace by the end of January as it looks to create a blockchain-based travel site. The platform currently offers accommodation at 100,000 hotels and 1,500 holiday rentals worldwide at what it claims is an average 20% discount. The company's system enables credit cards to connect instantly with its ERC-20 LOC token, allowing customers unfamiliar with cryptocurrency to use a credit card, with the payment automatically exchanged for cryptocurrency. The European start-up has also launched a mobile app and plans to develop a platform supporting Ethereum.