Blockchain

$BSI token unlocking the potential of global tourism

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. 


Discuss this news on our Telegram Community. Subscribe to us on Google news and do follow us on Twitter @Blockmanity

Did you like the news you just read? Please leave a feedback to help us serve you better

Disclaimer: Blockmanity is a news portal and does not provide any financial advice. Blockmanity's role is to inform the cryptocurrency and blockchain community about what's going on in this space. Please do your own due diligence before making any investment. Blockmanity won't be responsible for any loss of funds.

Guest Author

Share
Published by
Guest Author

Recent Posts

Unconference Bali 2024: Pioneering the Future of Web3 in Paradise

Unconference Bali 2024, Asia’s premier Web3 event, is poised to take center stage against the…

2 days ago

Tradeleaf Ignites Trade Finance Revolution with $TLF Listing on MEXC

Tradeleaf, a leading FinTech company empowering global trade through digital solutions, recently celebrated a significant…

2 days ago

Foundership Global Accelerator Teams Up with XDC Network to Propel Web3 Startup Innovation

Foundership Global Accelerator, a prominent force in the Web3 & Emerging-Tech Community boasting over 10,000…

7 days ago

Condo, the world’s first meme token based on Real-World Asset (RWA), launches on Base Chain with innovative treasury investment strategy

April 16, 2024 - Condo, the world's first real-world asset (RWA) meme token, was recently…

1 week ago

Partisia Blockchain Debuts $100 Million in $MPC Grants to Enhance Blockchain Technology and Token Utilization

The Partisia Blockchain Foundation, at the forefront of crafting privacy-enhancing and interoperable blockchain platforms, today…

2 weeks ago

Bridging the Gap: SpacePay Revolutionising Cryptocurrency Payments and Connectivity

One of the biggest problems the cryptocurrency ecosystem is currently facing is its lack of…

2 weeks ago