Buktrips partners with Arcana Network to bring mainstream travellers to web3

What is the partnership all about?‍

A solution like Buktrips is targeted at a large set of web2 users. Arcana Auth solves a key piece in user onboarding. Arcana’s web3 Auth helps onboard users with familiar web2 social and password-less auth, without the need to set up wallets and manage keys. Once onboarded, users get an In-App Web Wallet that doesn’t need any installation. These wallets allow travellers to manage bookings with just their email IDs.

As apart of their onboarding commitment, Arcana will also be helping BUK by supporting us in areas around product, growth, community building and launch on Arcana’s Mainnet.

BUK is excited to work with Arcana to bring the next billion to web3. With Arcana Auth, web2 users can log-in to web3 dApps easily, yet manage their in-app non-custodial wallets securely. BUK with its offering of tokenized hotel bookings and Arcana with its easy access wallets, are well positioned to become the segue for web2 users to jump on the web3 bandwagon!”

Nikhil Kulkarni, Founder & CTO, Buk

About Buk

BUK is a decentralized, open chain globally accessible protocol, making the conventional hotel inventory distribution and booking experience more flexible and decentralized to benefit all stakeholders — travellers, hotel owners and even middlemen who trade these inventory.

With BUK, every room for each night is a Non Fungible Token which represents the right to stay in that particular room of that hotel for a specific night. However, unlike a traditional booking this token that represents your buking- can be traded and sold to someone else. This offers tremendous flexibility with hotels and intermediaries collecting commissions from these trades. This also opens up major opportunities for better price discovery and timelines that would have once been impossible. With trades and transactions stored securely on the blockchain, participants can benefit from full transparency.

With its standalone protocol layer, BUK paves way for further innovation as developers are able to create their own applications on top of it. Get instant on-chain payouts when your bukings are sold to someone else.

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