Singapore, Friday, 9 October 2020 — Today Travala.com, the world’s leading crypto-friendly hotel booking platform and Ocean Protocol, a decentralized data exchange protocol, announced a strategic partnership including the integration of OCEAN on the travel website’s platform.
Travala.com will accept the Ocean token (OCEAN), among with other leading crypto assets such as Bitcoin (BTC), Ethereum (ETH), and AVA, Travala.com’s native cryptocurrency, for bookings at over 2.2 million hotels and homes in 230 countries across the world. This utility pushes forward Ocean’s mission to give power to individuals and capture value through new applications of technology.
The partnership will empower OCEAN holders to participate in a cheaper, fairer, and more inclusive travel economy while also enhancing the utility of the Ocean token, being used for travel bookings via Travala.com. Ocean Protocol will be using Travala.com’s business account services for internal company travel requirements.
Ocean token holders will be able to save up to 40% in some cases compared with other online travel agencies on over 2.2 million hotels globally, with the addition of flight booking across more than 600 airlines globally and different travel verticals such as Activities and Car Rentals coming soon.
This collaboration marks an important milestone for our community, furthering the widespread use of Ocean and Web3 tech, as a whole.
“We’re glad to empower OCEAN holders to explore the world, using Travala.com,” said Bruce Pon, Ocean Protocol Founder.
Commenting on the partnership, Juan Otero, Travala.com CEO, said “As we continue in our commitment towards mass cryptocurrency adoption, we’re very excited to partner with data exchange platform Ocean Protocol to champion the growth of the crypto community and to bring a great new use case to Ocean.”
In the coming weeks, an incentive will be offered to Ocean holders to book on Travala.com with OCEAN and win significant prizes.
Founded in 2017, Travala.com is the leading cryptocurrency-friendly travel booking service with 2,000,000+ properties in 230 countries and 600 airlines globally. Backed by industry-giant Binance, Travala.com is a champion of cryptocurrency adoption, accepting over 28 leading cryptocurrencies in addition to traditional payment methods. The Travala.com value proposition is bolstered by AVA. As the native cryptocurrency of the platform, AVA can be used for payments, receiving loyalty rewards, discounts and bonuses, among several other use cases. In addition to unbeatable prices via its Best Price Guarantee, Smart users on Travala.com can also enjoy additional discounts and loyalty rewards for eligible bookings made on the platform.
#About Ocean Protocol
Ocean Protocol builds powerful Web3 apps for the emerging data economy. Founded in 2017, Ocean Protocol connects data providers and consumers, using blockchain technology.
Ocean Protocol technology allows private data to be shared, without compromising control or security for the data owner, while ensuring traceability, transparency, and trust for all stakeholders involved.
Ocean allows data owners to monetize data while keeping control over their data assets. Ocean Protocol Foundation is based in Singapore.