Cache Elite (OTCPK: ILUS) TripWitz To Implement Loyalty Token Program with TripZ Token.
March 13 2018 - 7:00AM
InvestorsHub NewsWire
Scottsdale, AZ -- March 13, 2018 -- InvestorsHub NewsWire --
Travel loyalty programs tend to be complicated and multicurrency
with consumers juggling an assortment of loyalty programs, TripWitz
Tripz Token could provide instant redemption and exchange on a
single platform. With only one “wallet” for tokens, consumers would
not have to search for each program’s choices, limitations, and
redemption rules.
Tripwitz Token Tripz could enable TripWitz and its suppliers to rapidly
add and maintain loyalty partnerships without adding complexity to
existing programs. A robust, frictionless partner network program
could mean many more redemption options outside of the core travel
product such as activities, food and extra night stays.
With such a full offering vacation/travel website like TripWitz,
TripWitz would hope to see the
development of adding other blockchain-based loyalty networks,
possibly partnered with a major airline, a major hotel chain, or
other groups of smaller travel companies. The Building and
maintaining of the blockchain platform could also include a joint
venture with technology partners, network providers, banks or even
payment card processors. TripZ Tokens will be mainly used on
RoomsXML (new partnership) that will provide the complete inventory
of the over 96,000 3 star plus properties through XML feed to power
through TripWitz's new website.
Safe Harbor Statement: This news release contains forward-looking
statements as defined by the Private Securities Litigation Reform
Act of 1995. Forward-looking statements include statements
concerning plans, objectives, goals, strategies, future events or
performance, and underlying assumptions and other statements that
are other than statements of historical facts. These statements are
subject to uncertainties and risks including, but not limited to,
product and service demand and acceptance, changes in technology,
economic conditions, the impact of competition and pricing,
government regulation, and other risks described in statements
filed from time to time with the Securities and Exchange
Commission. All such forward-looking statements whether written or
oral, and whether made by or on behalf of the Company, are
expressly qualified by the cautionary statements that may accompany
the forward-looking statements. Also, the Company disclaims any
obligation to update any forward-looking statements to reflect
events or circumstances after the date hereof.
Contact:
Derrick McWilliams
480-409-5797
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