AGT Introduces Blockchain Technology to Travel and Tourism Aggregation Market

AGT Introduces Blockchain Technology to Travel and Tourism Aggregation Market

Press Release ( - TALLINN, Estonia - Nov 29, 2017 - AGT Technologies, the blockchain solutions company is revolutionizing the travel and tourism industry by implementing the decentralized ledger technology. The platform makes use of Ethereum blockchain and its smart contracts capabilities to eliminate the complexities surrounding the industry segment. As its initial product offering, the company is creating a blockchain-based taxi aggregation service with greater transparency and cost-effectiveness in comparison to existing mainstream players like Uber, Lyft, and others.

The membership-based decentralized cab aggregation platform is powered by native AGT Tokens, which the company is offering as a part of its crowdsale campaign. The platform has created a total of 54 Million ERC20 tokens, with a potential to serve a significant portion of a market that currently has over 1.2 billion customers across the world.

The creators of AGT Platform have factored in the various shortcomings of today’s cab aggregation model, including the lack of transparency in pricing for customers and hefty commissions paid by the drivers amid increased competition. By introducing a democratized token economy into one of the first movers in the “Shared Economy”, AGT Platform eliminates middlemen and replaces them with an automated smart contract powered system, allowing drivers to retain most of their earnings, which in turn will make the rides a lot cheaper for customers.

In addition to the cost benefits, the platform also provides added safety to the customers with features like live tracking and more. It supports multiple cab booking models – Aggregator Model and Ownership model for the convenience of both drivers and customers.

The company’s business, as well as technology models, have been vetted by some of the leading legal experts and ethical hackers to ensure compliance across various aspects.

The platform is embarking on a closed group funding round from November 23, 2017. It will be followed by token pre-sale, set to go live on December 1, 2017, and then the main crowdsale starting December 15, 2017. The company aims to complete the platform development by next November and release it to public use by May 2019.

Following the success of blockchain-based cab aggregation project, AGT will shift its focus on Hotel and Airline Aggregation solutions.

More information about the project and upcoming token sale is available at –

About AGT Technology

AGT Technology is a blockchain platform aspiring to create an ecosystem that broadens the scope of application of decentralized ledger technology by overcoming commercial boundaries. In addition to its focus on travel and transport industry, AGT Technology is also committed towards philanthropic activities.

Learn more about AGT Technologies at –
Find AGT Technologies on Facebook at –
Follow AGT Technologies on Twitter at –
Join the AGT Technologies community on LinkedIn at –
AGT Token on YouTube:

Media Contact
Contact Name: Nitesh Chopra
Contact Email:
Location: Tallinn, Estonia

Disclaimer: Due to current regulatory conditions in certain geographies, the AGT token sale will be unavailable to the residents of United States, China, South Korea, Singapore and other countries where the participation in ICO and token sales are banned.

AGT Technologies is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest.

Source : AGT Technology
Business Info :
Bitcoin PR Buzz

You may also like this  


Or using ePRNews Account

Don't have an account ? Sign Up

Register New Account

Or Signup using Email

Already have an account ? Login

Reset Password

Already have an account ? Login


If you have any concerns regarding this press release, please contact the Author / Media Contact / Business of this press release. ePRNews is not resposible for the accuracy of the news posted and do not endorse, support any product/ services/ business mentioned and hereby disclaims any content contained in this press release.