FAQs

1. What is a HI-TEKCoin and how does it work?

HI-TEKCoin (also known as HIC – 100% backed by Travel Services) is the World's First Live Blockchain-Based TravelPayTM Ecosystem and decentralized P2P-platform in the market of travel tourism industry that will take a crypto-economic approach to incentivize the direct sharing of value between hotels, airlines, cruises, car rentals, entertainments, Vietnamese Visas, Membership… and the world-wide travelers at substantially discounted rates. HIC will also offer a variety of other benefits, including instantaneous payments all over the world and a transparent system. By using the platform, customers have ability to buy all types of travel services provided by the HI-TEK family of companies.

2. Why do we need Blockchain in the tourism?

Blockchain technology allows the creation of a decentralized digital economy that doesn’t rely on a third party to function. That cutting edge innovation allows for our protocol/token, HIC, to be a non-dilutive alternative to traditional booking schemes, while allowing value to be shared amongst the eco-system participants. This is what allows us to eliminate the 15-20% commission charges you would see from other Online Travel Agency (OTA) companies. Our HIC blockchain technology can save our customers at least 5% from Visa and Master Card transaction fee on every booking or transaction through our entire online booking platform.

3. Why is HI-TEKCoin Cryptocurrency better than other Cryptocurrencies?

HI-TEK (HIC) can be purchased using BTC, ETH, LTC, and Fiat currency.

4. Will HIC be traded on exchanges?

Coin holders can use them in transactions and trades, in the same way that you use fiat currency. Due to its decentralized nature, there’s nothing to prevent any token holder from transferring HIC tokens freely and release them on the secondary market.