For a long time, the world has conceded to subpar features and services because of a lack of a better option. No more! Blockchain technology has shown tremendous potential in rewriting the architecture of several industries, and the global tourism industry is one of them.
The global tourism industry has been long manipulated by sharks and intermediaries for their benefit. Being a centralized industry, the intermediaries, middlemen, and popular online travel agencies have cornered the market to their advantage. Travelers have no option other than paying convenience fees to avail essential services for traveling such as airline booking, hotel booking, etc.
Blockchain technology has the power to remove intermediaries using its decentralized network. Bali Social Integrated is leveraging this power to develop a revolutionary $BSI Token that eliminates the intermediaries and offers cheaper, faster, and safer services. Bali Social Integrated lists several service providers on its platform that travelers can directly contact without any hidden fees.
$BSI Token
Bali Social Integrated has developed an ERC-20 token that works as both a payment token and a utility token. $BSI token acts as the lifeline for the entire Bali Social Integrated network by facilitating cross-border transactions. However, the most praiseworthy feature of the $BSI token is that it offers real-life use cases for the service providers in tourist locations.
Unlike several ERC-20 tokens, $BSI is not just an investment opportunity as it offers several uses that will optimize the global tourism industry in the coming years. Here are some of the most evident use cases of the $BSI token.
Removing Intermediaries
Middlemen charges an exorbitant amount of fees for connecting users to service providers. Due to the lack of a direct communication method, travelers have to pay up to 20% of convenience fees which raises the costs significantly.
BSI eliminates this problem by allowing the service providers to connect directly with travelers. Service providers such as local tourists, restaurants, tourist attractions, etc. can directly pitch their services, without having to pay any sort of convenience fees.
Reducing Transactional and Operational costs
While traveling online, fiat currencies fail to offer a smooth payment experience. People have to convert their fiat into the native currencies to avail themselves of services which include a conversion fee. By using a $BSI token, users can convert their fiat into a $BSI token and use them in any country across the network of affiliated stores without paying conversion fees.
Local business owners will benefit from the $BSI token as they can either convert the $BSI token to fiat or hold the token for more rewards.
Optimizing Networking
Bali Social Integrated will open a new era of networking for the tourism industry with the help of blockchain technology. Service providers and users will no longer have to rely on outdated technology and slow networks for booking services.
Bali Social Integrated connects the local business owners directly to the customers, streamlining the experience for all parties.
$BSI token is a powerful tool that is now live on Uniswap and Investors can now get their hands on the transparent, tamper-proof, and incentivized token for the best tourism experience ever from the official BSI website.
Bali Social Integrated is offering token rewards of 300,000 BSI tokens for investors who purchase $BSI tokens on the website. Investors can purchase $BSI token for 0.00032 ETH and withdraw the tokens from their wallet on August 27th.
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