GOeureka aims to develop
an easy to use, reliable Facility and Services booking system with persistent
indisputable records. As with all new systems, much of what is proposed will
evolve over time as requirements change. The web platform will be developed
with a backend built on the Python Django framework while individual components
will be built using a mix of programming languages (HTML, CSS, Javascript,
Golang, etc.) and the mobile application built on the Ionic framework. The
database will be a PostgreSQL database that runs on a cloud server (Amazon Web
Service) with certain data validated and stored on the Ethereum blockchain.
Smart contracts will be ERC20 compliant (though newer standards may be applied
after the time of writing) and customized using Solidity.
ERC20 smart contracts
will be utilized for the security and immutability of data throughout the
platform. To increase performance and keep transaction fees to a minimum,
individual transactions and bookings will be kept outside of the blockchain.
The settlement of all transactions will occur off-chain and fulfilled
transactions will be aggregated each day and sent through the smart contract to
be validated and stored on the blockchain.
Booking
& Inventory Platform
The web application
platform will host a booking platform for travellers and a hotel inventory
system for hotels. Travellers will be able to search and book hotels. Hotels
can update room inventory and prices directly or integrate with channel
managers. A majority of hotels manage their inventories using channel managers
as a single point of management, therefore GOeureka will provide necessary APIs
(Application Programming Interface) for integration. GOeureka will also work
directly with major channel managers to automate the integration process for
hotels.
Rebooking
Feature
Travellers will enjoy
automatic post-booking discounts for their stays through GOeureka’s
patent-pending rebooking feature. The GOeureka rebooking algorithm detects when
a hotel rate drops, and automatically re-books an existing booking (qualified
bookings that have not passed and are within valid cancellation policies) at
the lower rate. Travellers will be notified of their discounted stay.
When hotels choose to
drop their rates on the GOeureka platform, they will receive a summary report
on the affected bookings and the total discounts provided by the rate cut. This
will allow hotels to make true informed decisions that are beneficial to
themselves and their guests.
Payment
Processing
GOeureka aims to provide
multiple payment methods that appeal to both traditional and crypto consumers.
Consumers will have the option to transact using fiat currency, major
cryptocurrencies, GO credits or loyalty points. Prices of goods and services
will be displayed in fiat and the cryptocurrency of user’s choice. There are
multiple available approaches for the development of GOeureka’s payment
processing.
For the traditional
checkout process where payment is made in fiat, GOeureka will implement a
third-party payment gateway. This method sees payment being processed through a
payment gateway (e.g. PayPal) that sends transaction details to a payment
processing network (typically hosted by a merchant’s bank). Once processed, the
processing network sends approved data to the credit card issuer to proceed
with the funds transfer.
Loyalty
Programmes
Hotel loyalty programmes
will be integrated into the GOeureka platform, where travellers may earn
loyalty points from the hotels they have booked. Necessary APIs will be
provided for hotels to link their loyalty database with GOeureka. This will
help facilitate the interoperable loyalty points detailed in GOeureka’s
official whitepaper. GOeureka will send
and retrieve data from the hotel’s database to provide real-time updates for
users to track their points and for hotels to track points that users have
redeemed with GOeureka. Research shows
that 70% of customers do not sign up for a loyalty programme due to
inconvenience and time costs associated with registering for a programme . With
GOeureka, 1 registration for a loyalty programme is processed and verified in
the backend. Customers will only be required to fill up an online registration
form or, if they are already registered loyalty members, they only need to
provide their pre-registered details (e.g. member ID) and the platform will
link and display their loyalty details.
Link
To GOeureka Project :
Address
: 0x1F17b5de9D328F8c5b9Ba6250C02a0254F445f05
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