Decentralized payments

Decentralized payments are a key feature of the Boxa Travel platform, as they provide numerous benefits to both users and property owners. One of the primary decentralized payment methods used on the platform is Boxa Token (BOTR), an ERC-20 token that is integrated into the platform's payment system.

Customers will be able to purchase BOTR through a variety of payment methods, including credit card, bank transfer, and cryptocurrency. These tokens can then be stored in a decentralized wallet, such as a MetaMask wallet, providing customers with complete control and security over their funds.

When making a payment on the Boxa Travel platform, customers will simply select the token payment option and authorize the payment through their decentralized wallet. The token smart contract will then execute the payment, transferring the tokens to the platform's wallet and completing the transaction.

The use of token smart contracts provides several benefits for both customers and the platform. Firstly, it reduces the risk of fraud and theft by eliminating the need for customers to share sensitive payment information.

The use of tokens also provides greater privacy for customers, as transactions are recorded on the blockchain but without revealing any sensitive information.