LockTrip has been in business since 2017, facilitating bookings by cutting out intermediaries. The company’s blockchain-based travel marketplace lets users save up to 60%, and offers bookings for over 2 million hotels and properties across the globe.
“Our partnership with Motion Software was crucial to the early development of our blockchain protocol. Their team demonstrated the highest level of professionalism and flexibility. I strongly recommend working with them.”
— Nikola Alexandrov, CEO of LockTrip
LockTrip knew that finding accommodation while traveling involved middlemen, which ultimately increased costs between 10% and 50%. The client had an idea to create a comprehensive marketplace based on blockchain to simplify the process. However, they lacked the technical expertise to facilitate crypto-based transactions. So, LockTrip turned to Motion Software to help them build the platform and create a secure, scalable, and efficient smart contract environment.
Motion Software supplied the client with a distributed team for blockchain development. The team created the architecture and entire solution using the Qtum blockchain technology as the foundation, which was then modified with LockTrip’s unique feature set.
The team created all the satellite tools, including wallets and explorers, and also tuned the flows to ensure further support and maintenance for the test and main networks.
Additionally, Motion Software recruited and on boarded employees who eventually took over the project.
LockTrip’s marketplace is operating, and its R&D team continues performing maintenance and development.