Pay with crypto: Web3 platform combines blockchain and AI for better rates

cointelegraph.com:

Powered by Camino Network, this Web3 booking platform addresses the high fees and the lack of personalization options in the travel industry while also enabling crypto payments.

As financial freedom reaches the generation of digital natives — people who grew accustomed to solving their problems by tapping, double tapping or swiping — many industries realize that the only way for growth lies in technological advancements backed by sustainable practices and immersive experiences. This realization triggered a nonstop battle between innovative startups and traditional companies that mostly rely on legacy technology.

The taxi industry saw one of the biggest transformations during the 2010s with the introduction of ridesharing. Powered by mobile apps, ridesharing services like Uber became popular due to lower fees and personalized experiences — quickly starting to chip away at market share from traditional cabs. Over time, ride-hailing apps unseated taxis as the most popular way to get a ride, paving the way for a new era of user-focused transportation.

It took about three years for ride-hailing services to dethrone taxis in New York City. Source: Statista

However, transportation is not the only industry that craves better, cost-effective and user-friendly alternatives. Filled with intermediaries, outdated tech infrastructures and high fees, the travel industry is also seeking an efficient solution — and the answer lies in blockchain technology.

Crypto-native booking platform Sleap.io will combine blockchain and artificial intelligence (AI) to provide a personalized experience for each traveler with seamless Web3 connectivity. The platform is deployed on Camino Network, the first layer-1 blockchain specifically developed to