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What is Fujinto?
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The FUJINTO token is a decentralized cryptocurrency based on the Ethereum blockchain platform and is not controlled by any central authorities. NTO is the symbol of FUJINTO token, like JPY or USD. NTO was created to be a cryptocurrency to pay for hotel or travel ticket reservations. NTO is the open source cryptocurrency, using advanced blockchain technology. With NTO your money will be stored in your personal purse, strictly confidential and absolutely private. At the transaction, money from the sending account will come directly to the recipient, not through any intermediaries.
Tourism Industry in 2016
According to general perception of the World Tourism Organization (UNWTO), in the future, tourism continues to grow on a global scale. The number of international visitors is forecasted to reach 1.8 billion by 2030. The development of information technology has changed the way people interact and share information of tourist, especially the impact of social networking and internet applications, mobile phones increasingly popular. The experience of countries which has development tourism industry shows that when internet users are increasing, advertising using online payment tools is a channel that the tourism industry can not ignore.
According to statistics, the collection of major travel companies around the world, more than 99% of people online before the selection of tours.
According to a Neilson report, global online travel sales in 2016 reached 565 billion $, up 13.8%. Asia-Pacific and America-Latin are the two markets which contribute for this impressive growth. Even, Neilson forecast that in 2017, Asia-Pacific will first time surpass North America, becoming the world's largest online travel market.
In recent years, there are a number of crypto-currencies have been created on the market which are mainly used in goods and services industry. So what are the differences between NTO and the other crypto-currencies? NTO is created with the purpose of providing an alternative payment method for transportation and accommodation booking websites. By using NTO, the booking process would be simplified and more efficient for both providers and consumers. Furthermore, one does not need to pay a huge amount for transaction or change of currency fee because of using international transfer system. In addition, NTO is secured payment solution with minimal transaction fee and the amount will be transferred to user’s account within milliseconds.
FUJINTO Team has many years of experience in building and developing online payment solution which is the foundation of introducing FUJINTO service. Firstly, FUJINTO will be linked with accommodation and transportation websites which allows NTO to be used as one of the secured payment methods other than cash.
A number of potential partners that are:
Secondly, introducing FUJINTO application that quicken accomdation and transportation booking services with NTO currcency and it applied Blockchain technology which helps the FUJINTO to be more secured and safe for users.
Uses of funds raised:
After ICO NTO will be available for purchase in cryptocurrency exchanges.
Company name: Fujinto
Company site: http://fujinto.io/
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