Roibos x Buk Technology: Partnership Announcement

We are thrilled to announce our partnership with Roibos to expand Buktrips’ supply of hotel inventory in Europe.

As a hotel inventory tokenization platform, Buk Technology is dedicated to bringing innovative solutions to the hospitality industry. Through this partnership, Roibos, the B2B hotel distribution marketplace, will have direct access to Buktrips’ hotel inventory in Europe.

In addition, Roibos will have access to a growing community of crypto-native travellers, who are constantly on the move, traveling around the world to participate in various global crypto events. These digital nomads aged 18–35 are an important demographic in the travel industry and require unique solutions to meet their needs.

This partnership between Buk Technology and Roibos is a testament to the growing importance of innovative solutions in the hospitality industry. We are excited to work together to provide our customers with even more choices and flexibility in the future.

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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