Why is blockchain used and used in your project?
Thank you and thank you for your question
Blockchain is used to keep track of transactions between ecosystem participants.
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What is the HMS solution based on ModiHost's artificial intelligence? ModiHost is a cloud-based platform for managing hotels and inns of all sizes. The platform uses technologies such as artificial intelligence, machine learning, cognitive computing and voice recognition in order to be able to provide enhanced services to hotels and their guests.
The platform operates on a Pay-Per-Use model-hotels pay the platform only for the services provided. The main advantage of this model is that hotels do not have to pay for what they do not use.
And it is very convenient! Imagine that for some reason the hotel has decreased the level of attendance. In this case, the hotel owner will not use ModiHost at the price he expects – as he does not pay a monthly or annual fee, but only pays for the services he uses. At the same time, the provision of services by ModiHost platform is guaranteed!
How is that possible? The fact is that the system of using tokens, blockchain technology and smart contracts eliminates the need for a conventional contract between the hotel owner and the developer of HMS. Instead, at the completion of each operation or transaction, the hotelier pays the platform a small pre-determined fee.
In order to ensure transparency of all transactions, ModiHost platform uses Ethereum smart contracts. ModiHost platform requires HMS tokens as payment to provide services to hotels. More interesting things about ModiHost platform - on the website
https://modihost.io/.
That is, hotels pay only a commission for accessing the system to the database? Therefore, using a smart contract blockchain is the right decision.
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