As per a press release issued by the company on Tuesday, a blockchain solutions platform known as HashCash Consultants is in the process of starting a blockchain-powered travel rewards platform in collaboration with an undisclosed travel agency. The portal will offer customers “resort-style check-in at affordable rates,” among many other benefits (June 21). According to the statement, the effort will also provide consumers with cheaper pricing and a Web3 experience, both of which are made possible by the partnership between HashCash and the travel firm.
HashCash founder and CEO Raj Chowdhury, “Users should be able to collect tokens and NFTs when they search, discuss, post comments, make bookings, and stay using a platform that is enabled by blockchain technology and should establish an environment that is symbolized by tokens. The platform that is centered on blockchain technology will provide the travel sector more leverage by offering a framework that fixes current problems and provides a solution that can be scaled.”
According to the media release, HashCash is focusing on building a decentralized HR framework that will be able to sustain the company’s increasing demands as it broadens its infrastructure in Dubai and puts $10 million into Bengal Silicon Valley, Kolkata, India to build Hashcash Park for its burgeoning number of staff. According to the statement made by the business, this undertaking “should contribute to the vast spectrum of sectors that are rebuilt by HashCash by substituting traditional frameworks with blockchain-led solutions.”
HashCash became involved in a venture to create a non-fungible token (NFT) in April. This project involves the healthcare business as well as the health information of individuals. The idea revolves around people voluntarily submitting their health information to be converted into NFTs, which then enables them to distribute those NFTs to healthcare providers in order to take part in the research.
Chowdbury stated that by converting the data that patients exchange with healthcare enterprises into NFTs, the info is tied to an attribute that can be monitored. This is because healthcare firms frequently offer the files for studies without giving the patient any portion of the profits from the sale. It’s also possible that the only person who has access to the data might activate a provision that rewards them money whenever a transaction is completed via the NFT.
