Details

Last Funding Type

Equity Crowdfunding

Last Funding Money Raised

$16.58K

Industries

Blockchain,Travel

Founded date

Jun 1, 2017

Number Of Employee

1 - 10

Operating Status

Active

TrustaBit uses blockchain technology to automatically issue vouchers to passengers quickly, easily and securely when their flights have been delayed.

There are three great reasons why an airline company would want to use our services!

The first, cost reduction. Our system will minimize the number of calls related to issuing and redeeming flight vouchers. This will greatly reduce the call center running costs associated with the claim filing process.

The second, compliance. In the European union they have established regulation which states that passengers must be compensated for flight delays over 2 hours and greater than X amount of miles.

The third reason customer loyalty. Airlines could target those high value passengers who choose an airline based on reputation and experience rather than cost or schedule. We know that this will increase brand loyalty.