Nitecrawler Uses Mobile Payments Principles to Advance Travel
The travel industry has seen a lot of changes in recent years, thanks in large part to the move away from the travel agent to online operations. That’s raised a few new problems of its own, and mobile payments systems have stepped in to offer some solutions on this front. Now, one of the latest advances in mobile payments-related technology, blockchain, is coming out for us to use, as revealed by a report sent our way from Nitecrawler.
More specifically, Nitecrawler released its eponymous Nitecrawler Token (NCRL), a tool which would provide help in booking travel services as well as paying those users who offered up their houses for sharing with travelers. It creates what amounts to a “unified ecosystem”, allowing for connection between travelers and the relevant service providers. This ultimately makes it a “one-stop shop” of sorts, which streamlines the connection between service provider and service user, cutting out middlemen and reducing both cost and headache.
Nitecrawler is actually backed by a large number of travel service providers, and the NCRL token is built around the Ethereum blockchain. This provides it with a note of credibility in the field, and offers an extra level of transparency.
Nitecrawler’s CEO, Neil Valentine, noted “…Nitecrawler is happy to bring the value of blockchain to travel booking — allowing greater transparency into prices, eliminating hidden transaction fees, and giving a more complete picture of available travel choices, including membership access to private rates which are normally unseen by the public.”
It’s a novel enough idea, but it’s easy to wonder just what problem this is trying to fix. Surely we can pay for travel services using cash, credit or debit cards, or even mobile payments systems that are already in place. Why exactly did we need a whole new cryptocurrency token, the NCRL, to do what any of two dozen other options already could have done even three years ago? The fact that there’s access to special deals does make this solution compelling, but will enough people even know about it to take advantage of it effectively?
Only time will tell just what kind of impact this will have, but the Nitecrawler system seems like it might be less than effective.