Cache Elite (OTCPK: ILUS) TripWitz To Implement Loyalty Token Program with TripZ Token.

Scottsdale, AZ -- March 13, 2018 -- InvestorsHub NewsWire -- Travel loyalty programs tend to be complicated and multicurrency with consumers juggling an assortment of loyalty programs, TripWitz Tripz Token could provide instant redemption and exchange on a single platform. With only one “wallet” for tokens, consumers would not have to search for each program’s choices, limitations, and redemption rules.

Tripwitz Token Tripz could enable TripWitz and its suppliers to rapidly add and maintain loyalty partnerships without adding complexity to existing programs. A robust, frictionless partner network program could mean many more redemption options outside of the core travel product such as activities, food and extra night stays. 

With such a full offering vacation/travel website like TripWitz, TripWitz would hope to see the development of adding other blockchain-based loyalty networks, possibly partnered with a major airline, a major hotel chain, or other groups of smaller travel companies. The Building and maintaining of the blockchain platform could also include a joint venture with technology partners, network providers, banks or even payment card processors. TripZ Tokens will be mainly used on RoomsXML (new partnership) that will provide the complete inventory of the over 96,000 3 star plus properties through XML feed to power through TripWitz's new website. 

Safe Harbor Statement: This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks described in statements filed from time to time with the Securities and Exchange Commission. All such forward-looking statements whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements that may accompany the forward-looking statements. Also, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.

 

 

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Derrick McWilliams

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