Wetour Travel Tech LLC, based in the U.S. and the innovation arm of Webus International Limited, has announced its plans to implement Web3 in the tourism sector. These initiatives aim to streamline payments and loyalty systems.
Tokenized Loyalty and Its Benefits
Wetour offers an approach to loyalty programs that removes excessive costs and allows the activation of blockchain-based tokens. This means travelers will be able to see their balances in real-time and use them as needed. Brands will also gain transparency in token issuance and redemption, allowing dynamic pricing of rewards.
Bridging Gaps Between Brands
Existing reward programs like Hilton and MileagePlus® operate on different systems. Wetour plans to implement bridges between these systems, enabling customers to exchange tokens between programs with minimal effort. This is expected to increase user engagement and improve interactions across brands.
Instant Supplier Payouts and Wetour's Strategies
Wetour will implement a system for instant payouts based on stablecoins with verifiable credentials. This will significantly ease the process for smaller operators, reducing payout waiting times. The company's strategy includes launching a range of Web3-related services to enhance user convenience in the travel sector.
As a leader in adopting innovative technologies in the tourism sector, Wetour aims to combine global tourism capabilities with the advantages of cryptocurrencies, improving user experience and offering new solutions for blockchain integration.
