UTour (UTO)

What is UTour

There are 2 parts of UTour ecosystem, namely, its content and its services. The former refers to experiences shared by travel players that are stored in blockchain as hash, and the latter is shown as service content, service time, storage, service location and service status in a smart contract.

The UTour ledger is based on public key and private key of block chain elliptic curve, and built on an open user ecosystem, which can be accessed by travelers, individual service providers, institutional service providers, and travel experience sharers.

The user interface system is connected to the UTour network.

 Each account is linked to travel products posted by users, as well as product trades and word of mouth.

UTour Coin (or “UTO”) is the native token of the UTour network, with a fixed total circulation and with the following functions implemented in the network:

• As a system usage fee for product releases, reservations, transactions, evaluations on chain, which will be paid to all ledger nodes that maintain the entire network;
• As a ledger symbol for the settlement of tourism services obtained on the UTour platform, which can be used to charge and settle while transacting on the UTour platform;
• Act as costs and incentives necessary for making comments.