Kamis, 22 November 2018

Review GOeureka Part 5 - Hotel loyalty programmes



What is GOeureka?
GOeureka is a travel tech company utilising blockchain technology to build a hotel booking platform. Our mission is to decentralise the hotel booking sector and deliver greater transparency by allowing hotels to directly connect with their customers. As a technology partner to hotels, GO aims to provide a dynamic digital experience to users and eradicate the high commission structures imposed by online travel agents. By reducing the financial commitments of hotels to third-party booking platforms, GO’s vision is to enable hotels to focus more resources on providing better intrinsic value and services to travellers around the globe.

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.  

Services Dashboard & CMS 
 Hotels will have access to a services dashboard and content management system (CMS) that interacts with GOeureka’s mobile application. Hotels are able to list services that they provide and directly communicate with guests during their stay. Hotels may subscribe to the following services:  
Ø  Housekeeping
Ø  Concierge services
Ø  Live chat
Ø  Room service
Ø  Events 
In-app notifications will alert hotels when guests require a particular service. Hotels may update information and ongoing events in the vicinity, as well as their room service menu via the CMS.

Mobile Application Platform  
The mobile application platform will act as an extension of the web application, with the same consumer-related functions. Additional mobile app functions are detailed below.  

Check-in & Check-out  
As consumer data will be shared between GOeureka and hotels, the consumers will have a seamless check-in experience during their stay. Upon registration, GOeureka collects personal identifiable information, which will be encrypted and stored off-chain. This information will be used to facilitate the check-in process since users are already authenticated on the GOeureka platform. Unique identifiers will be matched with data from the hotel’s central reservation system and consumers are able to check-in directly on the mobile app.   The check-in experience will consist of 3 simple steps:  
1. Select booking (reservation for the day)
2. Fill up optional information (hotels may request additional information to cater and personalize the consumers stay – e.g. Room upgrade, Types of pillow)
3. Check-in to room  
Check-in requests will be automatically approved as long as certain prerequisites like the check-in time or booking deposit are fulfilled.  

Guests may check-out of their stay through a similar process, but will be redirected to the payment page, where they may choose from GOeureka’s various payment methods to settle their vacation bill: 
1. Check-out of stay
2. Fill up check-out form (hotels may ask if guests have minibar consumption, guests may approve additional charges from in-room dining, etc.)
3. Redirect to payment page

Hotel Services  
Upon check-in, authentication tokens will be sent to GOeureka’s hotel CMS and guests will be matchmade with the hotel they have checked into once tokens are authenticated in the backend. Hotels and guests will have direct access to each other and will be able to communicate for the duration of the stay.   Guests will be entitled to the aforementioned hotel services, depending on what hotels make available.  

Room Key  
To provide full self-service capabilities, GOeureka will also provide a room key feature on the mobile app. The availability of the mobile room key depends on the hotel’s physical infrastructure, but hotels with smart locks or keypad locks will have the room key feature integrated on GOeureka’s app.  

GOeureka will integrate available developer APIs by major smart lock providers. This technology makes use of encrypted Bluetooth technology, where authenticated data is sent from the GOeureka app through the guest’s mobile device to the smart lock network which then unlocks a guest’s room. Bluetooth technology is found to be a safer alternative due to encryption and authentication methods available for Bluetooth transmission as opposed to Wi-Fi protocols that are easily spied on by other users on the same Wi-Fi network.



More Information About GOeureka :

Username Bitcointalk : sicantikel2509
Address Ethereum : 0x274bB47fF5bE20bc647508c83A77A2EE6bdaF834

Review GOeureka Part 4 | Next-Gen Solution Shaping The Future Of Online Hotel Booking



Introduction  
GOeureka is an online booking platform that leverages blockchain technology to tackle current issues in the travel industry such as high commission structures imposed by online travel agencies (OTAs) and the fragmented loyalty programmes within the hotel industry. The platform is a partially decentralised web and app platform to provide travellers and hotels direct access to communicate with each other. 

GOeureka’s technical roadmap presents plans for a fully decentralized platform, as well as a loyalty network blockchain to facilitate interoperable loyalty points across the travel industry and possibly across the retail industry. This technical whitepaper outlines the technology behind the platform and the data that will be processed off-chain and on-chain.

The main feature of GOeureka
The GOeureka platform is adapted to various devices and is easy to use. Project-made intelligence quickly finds hotels that meet client needs according to the parameters given. A user can specify any selection criteria, including prices for accommodation, choice of food and kitchen options, views from windows, etc. GOeur they are trying to make holiday travelers as comfortable as possible.

GOeureka vision
GO has a plan to create an online ecosystem where businesses grow by offering the best services to tourists. As a technology partner for the hotel industry, GO will offer applications and web experiences that are simple and direct to users without high commissions on most sites. By freeing up resources for hotels, GO will enable them to offer better value and customer service with their resources.

Why is Ethereum blockchain?
Blockchain provides GOeureka with the economic tokens needed to eliminate high commission fees and the ability to facilitate loyalty points that can be operated. The GOeureka platform also benefits from distributed ledger technology that ensures security and transparency across its platforms.

Web Application Platform
Booking & Inventory Platform
The web application platform will host a booking platform for tourists and hotel inventory systems for hotels. Travelers will be able to search and book hotels. Hotels can update room and price inventory directly or integrate with channel managers.

Proxy Wallet
One of the main problems that are usually encountered when designing a blockchain system for mass adoption is handling the user's wallet. While hardware wallets like Nano Ledger or plug-ins like Metamask can expect users to use recovery phrases, general users may not be happy with the solution.

They intend to use the so-called proxy wallet for all Ether transactions:
1.      Users will get proof of identity when registering for GOeureka
2.      Cryptographic key pairs are created on the user's device and never leave the device
3.      The right smart contract called "proxy wallet" will be created on the blockchain
4.      The user distributes all transactions through a proxy wallet related to the user's identity
5.      Proxy wallet allows users to interact with all parts of the GOeureka system
6.      When cellphone registration is lost, GOeureka can, through a rigorous process, assign an account identity and assign a new address to that person to become the new controller of the proxy wallet.

Payment process

1.      Process fees are charged by crypto payment service providers.
2.      Transaction costs increase due to blockchain congestion.
3.      Transaction speed for on-chain settlement.
4.      Interface customization and payment protocol.

Dashboard Service & CMS
Hotels will have access to the service dashboard and content management system (CMS) that interact with the GOeureka mobile application.
1.      Revamping
2.      Concierge services
3.      Direct chat
4.      Service room
5.      Event

GO Token
GO Token is a digital token or virtual currency designed to facilitate transactions on the GO platform for the purchase of night rooms, hotel services, and other internal processes and payments in the GO infrastructure. Token GO is given to the initial investor during the sale of the ICO token and can be traded on the exchange in the future or spent on the GO platform.

Token Details

Do marketing initiatives
40% digital activation
Programmed marketing is basically the use of software to buy digital advertising. This is supported by audience data and machine learning and allows marketers to connect with their customers and their best prospects at all contact points. This will enable us to run a data-based digital activation campaign on a scale to drive their customer acquisition programs. Through our DSP partnership, they will be able to take an audience-centered approach to buying media, targeting consumers on a large scale, and reducing media waste.

5% of the marketing team
To support their marketing activities, they plan to share part of the ICO funds to hire a team of advertising and media specialists. They have budgeted for the following personnel:
·        Social media and community managers
·        Programmed campaign specialists
·        SEM Specialist
·        Loyalty Program Manager
·        PR manager

10% brand image
To build the GO brand identity, we will run a series of advertising campaigns in various digital and traditional media such as TV, print and radio. The GO brand advertising campaign will concentrate on promoting brand equity and our marketing to the mass audience to encourage awareness of their platform and product offerings.

30% promotion
GO will combine a variety of different promotional tools that reward our customers for registering, making repeat orders, and referring people to the platform. They will offer a first-time registration bonus for the first 250,000 users and implement a customer reference program for all new users. The referral program will be one of our many recruitment strategies where customers are currently valued for referring new users to GO.

Benefits of GOeureka
This project is based on blockchain technology that can be relied upon to store user data in the system. It is almost impossible to hack because data is stored on distributed network nodes. Thanks to KYS registration, a traveler is protected from fraud - only real hotels can register on GOeureka.

GOeureka's business model is built in such a way that users do not pay commissions. GOeureka withdraws commission only from the hotel for registration on the platform and during the transaction. If the transaction is carried out in a platform token, the commission from the partner is not carried out. The platform does not limit its users in choosing facilities for settlements, but stimulates the use of cryptocurrency itself. To date, the number of hotels connected to the project amounts to more than 170,000 units worldwide.

To start working on the project, the user must set the selection criteria for the hotel. A list of available rooms is updated online, which completely excludes the possibility of multiple bookings. It should also be noted that if the price for the number of redeemed users is reduced, the difference in GOeureka cryptocurrency will automatically be returned to him.

The settlement system on GOeureka is built based on the use of intelligent contracts that automate transactions, thereby reducing user actions to a minimum. In addition, this platform has a bonus system - customers can still get bonuses from the hotel, active users will receive gifts from GOeureka to contribute to the development of the ecosystem. Bonuses can only be spent on services on a platform either fully or partially.

The GOeureka platform allows combining single numbered list structures for all hotels in the world in one resource. Users always get access to new offers and can ask the hotel manager questions that are needed in free chat.

Every registered user has the opportunity to issue a GO debit card, which provides access to the user's cryptocurrency account with the possibility of instant conversion to fiat. Cards are accepted anywhere in the world.

More Information About GOeureka :

Username Bitcointalk : sicantikel2509
Address Ethereum : 0x274bB47fF5bE20bc647508c83A77A2EE6bdaF834

Review GOeureka Part 3 - Start Your Journey



Technology companies that use blockchain technology to build hotel booking platforms. Our mission is to decentralize the hotel booking sector and provide better services by enabling hotels to connect directly with their customers. As a technology partner for hotels, GO provides dynamic digital experiences for users and members of the structure that can be used by online travel agents.

Online travel facilitators are the right example of how new technology can exclude existing industries. These online agents have a big advantage over normal hotels because they can offer cheaper prices and more choices to consumers.

However, not everything is bright for online travel agencies; Traditional hotel sectors are slowly using online technology. However, these hotels are still lagging behind. They must work faster. If not, people who make them in touch with customers can make more of them. The GOeureka team thinks they might have found something that would give the hotel an edge over the agency. To do this, they decided to add the loyalty program available with blockchain technology.

GOeureka is ahead of many similar blockchain projects, with trial bookings on the blockchain through smart contracts on Ethereum and a significant infrastructure of available hotels. Its board includes C-level executives from Accor Hotels and Agoda, among others.

The development of online travel offices is an ideal case of how new technology can disturb an existing industry. These online organizations have an enormous favorable position over the ordinary hotels since they can offer consumers low prices and more alternatives.

However, it isn’t all blushing for the online travel office; the conventional hotel division is slowly adopting the online technology. However, these hotels are as yet lagging behind. They have to work quicker. Something else, intermediaries that get them in contact with clients could begin making more than them. The GOeureka team thinks they may have discovered something that will give the hotel an edge over offices. To do this, they have chosen to enlarge the existing faithfulness programs with blockchain technology.

The point of the GO project is to use the blockchain to make a harmonious connection between hotels and clients. Hotels will maintain control of their image while clients will get more an incentive at a similar price.

The GOeureka Vision
GO has a plan to make an online ecosystem where businesses flourish by offering the best services to travelers. As a technology accomplice for the hotel industry, GO will offer a basic and direct app and web understanding to users without the high commissions on generally locales. By freeing up resources for hotels, GO will make it feasible for them to offer better client esteem and service with their resources.

GOeureka Transparency And The Blockchain
A key feature of the blockchain is accountability. Go will use the blockchain to ensure that accountability and straightforwardness are maintained in the ecosystem. Go will supplant the compensation to play course of action used by most travel organizations. The platform will be unprejudiced and no commission will be charged on users. On GO, hotels will never again need to pay for perceivability. All showcases and list items will be determined by the execution of a hotel and the reviews it gets from its users.

GOeureka Hotel Booking Loyalty Programs With The Blockchain
If a hotel wishes to integrate, the GO ecosystem will offer an API where a hotel can link their inventory with the reservation framework. There will be guides offered to the hotel’s IT office to make the integration consistent. Go will likewise integrate with the property administration programming of a hotel by means of vital organizations.
One issue that GO will illuminate is the detached dedication programs. Today, every airline, auto rental service, and the hotel will have its own devotion program. This makes it difficult for ordinary consumers to sufficiently collect points to reclaim for significant rewards.

An integrated dependability program powered by the blockchain is what’s to come. Go will make an interoperable program that is powered by this technology. Users will have the alternative to change over the steadfastness program points of a hotel in GO credits. With this framework, steadfastness points earned from an auto rental service can be changed over into GO credits. This would then be able to be used to pay for a hotel room.

How Reliant Are Hotels On OTAS?
The online travel specialist business was a model initially received by hotels as a way to clear unsold inventory. However, the section and quick extension of OTAs are reshaping the travel industry. Hotels presently depend vigorously on OTAs for online sales, and not similarly as a channel for clearing unsold inventory. The Expedia and Priceline duopoly continues to control the online booking part, allowing them to out-market hotels by offering consumers more appealing offers and bundles. OTAs are additionally ready to showcase a tremendous scope of decisions to consumers in a user-accommodating way, something an individual hotel can’t do. Hotels battle to offer broadness of decision and don’t have a similar measure of resources to contend on a level playing field with the OTA.
They are obliged to working with outsider booking engines frequently under troublesome terms. Increasing reliance, combined with reducing choices, constrain hotels’ negotiation capacities for commissions payable. With commissions ranging from 15% to as high as 30% depending on the OTA and size of the hotel/chain, organizations with OTAs are essential, however to the detriment of a hotel’s margin.

Blockchain And Smart Contract
All transactions on the App will work on GO’s smart contract. The smart contract goes about as a correspondence layer between the platform and the blockchain. All transaction data will be sent to the smart contract to execute its terms, and the transaction will be put away in the blockchain. This expels the requirement for an agent and encourages lower transaction costs all through the platform.

The GO platform uses the broadly used Ethereum blockchain. Ethereum’s smart contracts give various dialect executions that will encourage future integration. A review of all transactions on the platform will be kept on the blockchain each time the smart contract is executed.

GO Token
The GO Token is a digital token or virtual money intended to encourage transactions in a hurry platform for the buy of room evenings, hotel services, and other internal procedures and payments within the GO infrastructure. GO Tokens are granted to initial investors during the ICO token sale and might be exchanged on exchanges later on or spent in a hurry platform.

GO Debit Card
GO Token holders can arrange a GO Card – a physical, prepaid check card. The GO Card allows users to spend GO Tokens (changed over to Fiat money) anyplace or withdraw money from perfect ATMs. GO Cards are linked to user wallets in a hurry app where users can oversee and top up GO Card funds with GO Tokens and credits.
Funds would then be able to be changed over to different monetary forms at focused exchange rates. GO Card holders likewise get rewards in GO Tokens as a type of cashback for every transaction made with their GO Card. The GO Card gives a proficient and advantageous answer for GO Token holders who wish to spend GO Tokens outside of the GO platform. GO will continue to grow its GO Token economy by creating open spending alternatives for GO Token holders.

To get more information about ICO planning and marketing techniques read ICO marketing aide and ICO planning guide.

Token Economy
GO will give a 5%– 15% savings on all GO Token reclamations on the platform. This gives an incentive to token holders to spend tokens in a hurry platform instead of selling them on exchanges as they won’t be liable to exchange fees and could possibly earn on the 5%– 15% savings.

Pledging Transparency
With accountability being a key feature of blockchain technology, GO is planning to use this technology to guarantee straightforwardness and accountability on its platform. GO likewise plans to supplant conventional pay-to-play courses of action utilized by OTAs by pledging to remain impartial and not charge commissions for paid hunt arrangements or selective advancements on the platform.

The App
Regardless of the accessibility of existing hotel-possessed apps grew either through exclusive means or obtained and rebranded from white mark venders, GO’s platform includes a widespread app that all hotels can adjust instantly without the standard extra charges or required development work.

GO Credits as Loyalty Rewards
GO Credits are money esteems credited to client account wallets. GO Credits may just be spent in a hurry platform and are non-transferrable. Consumers will be rewarded with X measure of GO Credits for spending on GO’s platform. Consumers may then finance their aggregate cost of procurement using GO Credits.

Revenue Model
GO will charge a 5% transaction expense for all payments influenced by means of to credit cards and digital forms of money acknowledged as a method of payment (e.g., Ether, Bitcoin). Payments influenced using To go Tokens won’t be charged any fees on Goeureka platform. This is to secure the interest of all our token holders moving forward.



More Information About GOeureka :

Username Bitcointalk : sicantikel2509
Address Ethereum : 0x274bB47fF5bE20bc647508c83A77A2EE6bdaF834

Review GOeureka Part 2 - The Great GOeureka ICO Bonanza



About the project
GOeureka is a travel tech company utilising blockchain technology to build a hotel booking platform
The hospitality sector is the second largest contributor to the global travel industry and it is currently dominated by online travel agents. OTA's generate around 70% of online hotel bookings and this has impacted hotel's direct bookings, profit margins and loyalty programs. GOeureka, wants to change the scenario by putting hotels and customers first. Using blockchain technology, GO plans to benefit hotels and customers by introducing commission-free bookings, accepting payment through cryptocurrencies that are devoid of merchant fees, and transforming traditional brand loyalty programs.
 GOeureka aims to create a new symbiosis where hotels maintain control over their brand while unlocking value for consumers on its platform, the company said. GOeureka’s vision for the future of the travel industry is a supportive online ecosystem where all businesses are allowed the opportunity to thrive and benefit from providing the best goods or services to travelers. As a technology partner to hotels, GOeureka intends to provide a seamless web and app experience to users without the high commission structures imposed by current OTAs. The company said it provides an affordable and efficient platform for hotels and consumers to directly engage and transact with each other, removing the inequitable commissions to OTAs that ultimately decrease hotels’ margins and increase consumer prices. These benefits are then passed on to customers. GOeureka is also introducing a patent-pending Re-Booking function for customers to obtain the best value for rooms. When the hotel rate drops, the Re-Booking feature will automatically detect and re-book an existing booking at the lower rate.
 Additonally, GOeureka proposes an interoperable loyalty program that will benefit hotels and customers by promoting the hotel's own loyalty rewards program with the option to convert hotel loyalty points into GO Credits that can be used on the GOeureka platform. For consumers who subscribe to multiple loyalty programs, GOeureka’s solution for an interoperable loyalty program could facilitate instant redemptions and exchange for multiple loyalty point currencies on a single platform. Blockchain acts as an immutable and secure ledger of all transactions related to the issuance of GO credits, creating a transparent, auditable supply of loyalty points without the need for intermediaries, the company noted.
The growth of online travel agencies is a perfect example of how new technology can disrupt an existing industry. These online agencies have a huge advantage over the normal hotels since they are able to offer consumers low prices and more options. However, it is not all rosy for the online travel agency; the traditional hotel sector is slowly adopting the online technology. However, these hotels are still lagging behind. They need to work faster. Otherwise, intermediaries that get them in touch with customers could start making more than them. 

GOeureka GO Token ICO Details
As many as 1 billion GO Tokens will be issued with 1 GO token = IDR 10,000. There will be a reduced distribution of the Token GO bonus after meeting the maximum time limit or the predetermined time, whichever comes first. While 30% will be stored in a backup pool for operational initiatives, funding marketing strategies, and other activities relevant to business growth. During personal pre-sale, contributions will be received in US Dollars (USD), Singapore Dollars (SGD) or Ether (ETH). All contributions will be converted to ETH, live, at the applicable rates. Token sales will last about three weeks.


GO will hold a personal presale
first round one month before Token Sales with accredited investors, with a minimum contribution of US $ 50,000 each. Interested parties are welcome to whitelist with GO to join this fundraising round. Contributors to funds collected during this period are entitled to a 30% bonus distribution. The maximum limit during this round is 150,000,000 GO Tokens and will be closed two weeks before the Token Sales. If the maximum cap is not reached during personal pre-sale, it will be opened to the public, with a minimum contribution requirement of US $ 1000 (equivalent ETH value). There will be a 15% bonus distribution during this round. Pre-sales will close earlier if the maximum limit is reached or will expire on the day before the Token Sales.


Token sales will expire sooner after the total maximum limit is met or after Week 3 of Token Sales. All unsold tokens will be burned.

The founders of GO and team tokens
It will be locked and can be withdrawn every three months for a 24-month period, while advisors will receive their tokens after six months after the ICO. Tokens from the Reserve Pool will be used to accelerate the implementation of the GO platform. To market the platform efficiently at a much faster rate, GO aims to raise US $ 60 million, after the first round of successful seed funding.

GO has spent the last 12 months
To work on the beta version of the platform, consult blockchain technology experts on the token model as preparation for the initial coin offer. To effectively match existing OTAs, US $ 60 million is needed to scale the platform and substantially increase our gross orders over the next 3 years.

Figures from Expedia
shows the high potential of the segment for rapid revenue growth. For example, Expedia made gross orders of more than US $ 70 billion in 2016 against its operating costs (ie, marketing, salaries) at nearly US $ 7 billion.



More Information About GOeureka :

Username Bitcointalk : sicantikel2509
Address Ethereum : 0x274bB47fF5bE20bc647508c83A77A2EE6bdaF834

Review GOeureka Part 1 - Web Application Platform



The blockchain provides GOeureka with the required token economics needed to eliminate high commission fees and the ability to facilitate interoperable loyalty points. GOeureka’s platform also benefits from the distributed ledger technology that guarantees security and transparency across its platform.

GOeureka chose the Ethereum blockchain due to its flexible and extensible nature. The use of Ethereum smart contracts allows for the creation of “autonomous agents” that may be implemented throughout GOeureka’s platform to automate many processes and remove various third-parties that usually result in a slower process and multiple transaction fees that lead to high costs. 

While moving towards a fully decentralized platform, GOeureka will look into the adoption of key blockchain technologies such as zero knowledge proofs, off-chain computation solutions and recently introduced Ethereum technology like the Plasma and Raiden network.

Web Application Platform
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.


GO store  
The GO store is an in-app exchange for token holders to purchase GO credits using GO tokens. It is a safe and fast liquidation option for token holders to convert tokens into spendable fiat-value credits. Users enjoy discounted products and services on the GOeureka platform when purchasing with GO credits. GO credits are fiat-valued in-app credits that allows for instant transactions and off-chain settlement.   Token holders will redeem GO credits according to the prevailing market rate at time of exchange. GOeureka will rely on data sources from various exchanges and number of custom oracles to retrieve the average token price on the market. Users will use the proxy wallet detailed below to exchange GO tokens for GO credits.

The Proxy Wallet  
One key issue typically faced when designing a blockchain system for mass adoption is the handling of user wallets. While a hardware wallet like a Ledger Nano or a plug in like Metamask can expect users to use a recovery phrase, general users are unlikely to be happy with such a solution.   We intend to use what is called a proxy wallet for all Ether transactions:  
1. Users will undergo a proof of identity when signing up for GOeureka
2. Cryptographic Key Pairs are created on user devices and never leave their devices
3. A corresponding smart contract called a “proxy wallet” will be created on the blockchain
4. The user channels all transactions via the proxy wallet which is tied to the user’s identity
5. The proxy wallet allows the user to interact with all parts of the GOeureka system
6. On registration of a lost phone, GOeureka can, via a rigorous process, establish the identity of the account and assign that person’s new address to be the new controller of the proxy wallet.  
The proxy wallet is already in use in several organisations.  

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.  

More Information About GOeureka :

Username Bitcointalk : sicantikel2509
Address Ethereum : 0x274bB47fF5bE20bc647508c83A77A2EE6bdaF834