Since the emergence of blockchain technology in 2008 when Satoshi Nakamoto introduced bitcoin, there have been rigorous efforts to apply the blockchain to several aspects of the global business process, Blockchain technology has been described as having the potential to disrupt many industries with a low-cost transaction, immutability, and enhanced security. In the years that have followed, many other blockchain implementations have been developed with each one exhibiting unique features tailored to specific use-cases.
Blockchain has made it possible to issue just about any asset via a distributed ledger framework. With the aid of cryptocurrency tokens, these assets can be given economic value in order to initiate and validate several transactional processes. Several on-chain protocols have been developed by a number of startups and established companies alike in order to create blockchain-based solutions.
ADVANTAGES OF BLOCKCHAIN IMPLEMENTATION
Decentralized Payment Processing
The payment processing framework for global commerce is based on a centralized system which requires the services of third-party authenticators. These third-party agents are responsible for ensuring the fidelity of the global payments system and they charge fees for their services. One of the fundamental philosophies behind the operation of the blockchain is the removal of these third-party agents and their associated cost of trust and replacing them with a robust, functioning distributed ledger payment framework.
Creating an Immutable System of Record
The blockchain is the first successful implementation of the distributed ledger framework. On public blockchains, the distributed ledger constitutes an immutable system of records that is available to all participants. The immutability of a blockchain ensures that it is tamper-proof.
Reducing Cost of Transaction
Payment processing remains the basic level of commerce but it is one that has not seen much in the way of evolution since the emergence of fintech protocols. Blockchain technology has the potential to disrupt commerce by causing a paradigm shift in the mechanism by which transactions are carried out. The fees charged by third-party actors and middlemen in the payment chain constitute a considerable portion of the cost of transactions. By eliminating the middlemen, the cost of transaction is materially diminished.
Operating on a multinational scale opens up any enterprise to the activities of hackers looking to breach the structural and functional integrity of the platform. Blockchain technology offers a robust security framework that makes it difficult for hackers to make an incursion into the platform. There is no central point of failure and hence no single point of entry for malicious digital attacks. This ensures the safety and security of the data collected by field agents and the payment processing network. that provides an accurate accounting for the entire platform.
As more technological advancements are uncovered, AQUA Intelligence, a data-based platform on blockchain that allows consumers to monetize and validate their personal data came on board.
AQUA Intelligence (AQI) is a data-driven platform in blockchain that allows consumers to monetize and validate their personal data. Based on these reliable data, AQI creates a decentralized comprehensive profile for each consumer. Such profiles will not be shared with any third parties and AQI will enforce strict privacy policies for data protection. By utilizing artificial intelligence and other tools, this profile allows the hotel industry to increase sales, operational efficiency, profit, and consumer experience. This platform is supported by AQX, utility token.
AQUA achieved this by using their discrete data sources including, AQUA RMS, AQUA SDK, AQUA Mobile application, and AQUA PMS – our proprietary Property Management System, currently integrated with one of the largest hospitality brands.
Consumers will benefit from our platform as well. They’ll get a token to validate and provide data to our application, and will be able to spend it through our partner network like merchants, hotels, restaurants and other travel partners.
FIND BELOW A VIDEO PRESENTATION ON AQUA
Hospitality industry vendors rely on data that is often incomplete, inaccurate and disorganized when offering products and services to consumers. With AQI, consumers will be able to obtain an AQX token while providing data input, validating existing information and participating in surveys and other activities. Accurate data and validation on blockchain along with analysis by AI, AQI allows vendors to provide better services and more serious and personalized offerings to their customers. Personalized offers allow hotels to more effectively and reduce sales through a third party online ordering service.
The hospitality industry providers rely on data that is often incomplete and inaccurate when providing products and services to consumers. With AQUA Intel, consumers will be able to provide data and verify existing data and can earn AQX tokens as compensation and payment. With accurate and verified data, suppliers can provide their customers with more meaningful and personalized offers.
AQUA INTELLIGENCE consists of 3 components:
AQUA RMS (revenue management services).
AQUA Intel is the core of the platform where data is collected, processed, and analyzed. Profiles will be created from consumer input through AQM, spend history in the hospitality and retail partners, social media and online resources as well as data from other consumer applications. AQI interacts with the reservation service and partner loyalty program. AI will be used to analyze data, conduct online searches, provide feedback and make actionable suggestions for consumers and vendors. AQI can also generate marketable data to meet vendor-specific needs.
AQUA Mobile App (AQM)
By using AQM, consumers will get tokens to provide feedback, validate existing data and can be used in other activities such as surveys and reviews. Data provided automatically on AQUA private blockchain. They can also use AQM to manage all their loyalty points at various providers while making travel and dinning. Tokens can be loyalty points, get discounts and make payments for services at separate hotels and other retail partners.
Utilizing artificial intelligence, consumers can get real-time answers for all students associated with travel through the UI. They can also share experiences and develop relationships with other members.
The goal is to make the most popular travel and lifestyle apps for users to access them, make answers and make connections.
AQUA Revenue Management System (AQUA RMS)
Using consumer profiles created and other macro information, such as weather and events, AQUA RMS allows vendors to provide personalized product and service offerings to increase their profits.
AQUA RMS can provide ongoing personal communication and promotion for customers to maintain relationships while increasing sales opportunities. By understanding customer-specific interests, only relevant and meaningful promotional offers will be created.
AQUA RMS can also help vendors to identify the target audience for delivery of promotions and specific messages.
AQUA RMS can conduct market research for vendors and specialized groups to get better information about consumer interests and desires. AQUA RMS can also conduct surveys and provide actionable information to solve problems.
Disrupting the Hospitality Industry
Current solutions used by the hospitality industry contain segmented and inaccurate data as a result of outdated software solutions built without data intelligence. AQUA is now disrupting the landscape by developing the hospitality industry’s first comprehensive data solution using AI and blockchain technology. Through this revolutionary approach, AQUA is helping businesses increase their revenue through personalized offerings to their customers, increased operational efficiency, and using machine learning to perform efficient marketing. At the same time AQUA allows customers to validate their data and optimize their loyalty benefits through participation in our AQUA Token ecosystem. We accomplish this by leveraging our discrete data sources including, AQUA SDK, the AQUA Rewards app, AQUA PMS and more.
TRUSTED CONSUMER PROFILE
A secure, comprehensive profile system built on the blockchain based on validated data.
Increase revenue opportunities for hospitality businesses with more meaningful data.
AI + PREDICTION
Artifical Intelligence and data generate valuable
Maximize the benefits of loyalty programs for both consumers and hotels.
We plan to make our data and profiles available to be easily integrated with other systems.
REWARDS AND BONUSES
Powered by our token ecosystem to reward consumers for their patronage and data
CLEAN, INTUITIVE & POWERFUL
AQUA Mobile, RMS, PMS and more!
We will be integrating AQUA INTEL with all our platforms such as RMS, PMS and more for the hospitality industry. Our PMS is currently being implemented in one of the largest hospitality brands.
AQUA Private Blockchain
With the ability for consumers to turn tokens into loyalty points and get discounted rates, hotels and vendors can expand their products and services to more consumers.
Consumers earn tokens to provide input, validate existing data, and participate in other activities, such as surveys and hotel reviews/reviews.
They can also use AQUA to manage their loyalty points between different providers and the organization of travel.
Using artificial intelligence, consumers can receive real-time answers for all travel-related questions via an interactive interface. They can also share experiences and develop relationships with other members.
Using AQUA mobile. and profiles will be created on the basis of consumer resources from AQUA Mobile and other sources. Loyalty programs and travel arrangements will be facilitated. AI will provide answers, analytical and practical suggestions for consumers and suppliers. AI can also generate commodity data to meet the specific needs of suppliers. Using customer profiles created at Intel and other sources, such as season and events, AQUA helps suppliers provide personalized product and service offerings and targeted communications.
The platform will also help sellers optimize their loyalty programs by converting AQX. Platforms will also benefit from our platform. They will earn tokens to provide data in our application and will be able to conduct them through our network of partners, including merchants, hotels, restaurants and other travel partners. and you can get it: UNIVERSAL TRAVELER PROFILE A secure universal all-in-one system built on a block chain.
LOYALTY POINTS, we will use the guest value, guests from the segment depending on the profit and reinvestment in them.
ABOUT THE “AQX” TOKEN AND ICO DETAILS
Tokens earned by consumer can be used for conversion into loyalty point and pay for services of AQUA’s hospitality partner. Also, AQUA’s hospitality customers and partner can use AQX and loyalty point to pay for services offered by AQUA.
Ethereum ERC20 (Utility based)
TOKEN PRE-SALE PERIOD START:
Monday, August 27, 2018 at 9 EDT
ACCEPTED FORM OF PAYMENT:
ETH tokens only
AQUA/USD EXCHANGE RATE:
1 AQUA: USD $0.18*
TARGET RAISE AMOUNT (USD):
TOTAL AQX TOKEN CIRCULATION AT END OF TOKEN SALE:
Depends on the USD/ETH rate 1 hour before the token sale, and the amount raised in ETH at each bonus stage (see below)
100% Bonus until October 6th
50% Bonus until November 5th
20% Bonus until November 25th
0% Bonus until November 30th
45% AQUA Token Sale
30% Platform Reserve
5% Bounties & Airdrops
USE OF FUNDS
40% Platform Development
20% Research & Editorial
10% Operational Expenses
2Q15 – 2Q18
Launched web and mobile-based PMS platform for hotel industry
Currently in test properties across Las Vegas, NV
iOS mobile application and web: Improved to V1.1
Partnership and integration with significant hotel chain
Prototype of machine learning based PMS platform
Token White paper release
AQX Token sale
Create a working gathering of in-house blockchain developers and ETH people group developers
Finalize the design of our private blockchain
Initiate the movement of legacy hotel data onto our private blockchain
Develop the MVP for AQUA Mobile
Construct the management team for AQUA
Begin development of the AQUA RMS platform
Dispatch alpha AQUA RMS platform
Complete architecture of the data platform by gathering data feeds across web platforms, mobile apps, and other third parties
Begin integrating tokens as monetization mechanism by means of ETH blockchain and Ethereum Smart Contracts
Begin development of data feed, based on keywords and topics generated from our machine learning algorithms
Token-based platform beta test
Strategic partnerships and integration
Network Node Architecture, AI, Machine Learning, and Prediction Model
Private Blockchain Beta – Single Shared
Private Blockchain Beta – Multi State
Begin development of AI-based Intelligent Assistant
Develop expansion get ready for Europe-Asia-Pacific
Expand relationships with hospitality and retail partners
Dispatch AQUA Mobile
Manufacture AQUA datacenter
2020 AND BEYOND
Expand upon AI-based insight and analysis tools, using historical user action data amassed from our client base as preparing set. Begin development of AI-based Intelligent Assistant to help identify, save, retrieve, assess and analyze relevant open data for users
MEET THE AMAZING TEAM
ANTHONY GELMAN: CEO
RICK HILTON: Advisor
HARSHA CUTTARI: CTO
TONY LAU: Advisor
LEON PASHNICK: COO
OKECHI ONYEJE: Blockchain Developer
JAIAN CUTTARI: ICO Advisor
DAVID BRAUT: ICO Advisor
ARTHUR IINUMA: Blockchain & Crypto Advisor
MYLARA SWAMY: Blockchain Developer
NOTE: This article is just a guide to prospective clients, investors and every person scorching for a slice of this amazing project,
You can get more information about these project with huge potential by following the link below:
BITCOINTALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=2407711