GOeureka | Platform Overview

Platform Overview

GOeureka aims to develop an easy to use, reliable Facility and Services booking system with persistent indisputable records. As with all new systems, much of what is proposed will evolve over time as requirements change. The web platform will be developed with a backend built on the Python Django framework while individual components will be built using a mix of programming languages (HTML, CSS, Javascript, Golang, etc.) and the mobile application built on the Ionic framework. The database will be a PostgreSQL database that runs on a cloud server (Amazon Web Service) with certain data validated and stored on the Ethereum blockchain. Smart contracts will be ERC20 compliant (though newer standards may be applied after the time of writing) and customized using Solidity.

ERC20 smart contracts will be utilized for the security and immutability of data throughout the platform. To increase performance and keep transaction fees to a minimum, individual transactions and bookings will be kept outside of the blockchain. The settlement of all transactions will occur off-chain and fulfilled transactions will be aggregated each day and sent through the smart contract to be validated and stored on the blockchain.

It is a key goal that the GOeureka platform provides for widespread usage, therefore utmost priority will be given to platform performance, user interface and experience. Majority of the system will be built in off-chain components but critical information will be stored in persistent smart contracts. The critical factors addressed are:

● The design of a secure mobile wallet that the average user feels comfortable using and is recoverable by the same user in the event of a lost device.

● The GO token which can be held, spent or traded.

● The GO credits which offers preferential rates when purchasing products and services. An exchange allowing the purchase of GO credits in exchange for GO tokens

● A management system to allow booking and recording of scarce, non-fungible resources (e.g. room-nights). Making this booking comes from:

○ payment of deposit in GO credits (automatic)

○ acknowledgement by the payment facilities during deposit through classic methods

● A booking and payment system for less scarce resources - e.g. spa sessions, meals, activities etc.

Why Ethereum blockchain?

The blockchain provides GOeureka with the required token economics needed to eliminate high commission fees and the ability to facilitate interoperable loyalty points. GOeureka’s platform also benefits from the distributed ledger technology that guarantees security and transparency across its platform.

GOeureka chose the Ethereum blockchain due to its flexible and extensible nature. The use of Ethereum smart contracts allows for the creation of “autonomous agents” that may be implemented throughout GOeureka’s platform to automate many processes and remove various third-parties that usually result in a slower process and multiple transaction fees that lead to high costs.

While moving towards a fully decentralized platform, GOeureka will look into the adoption of key blockchain technologies such as zero knowledge proofs, off-chain computation solutions and recently introduced Ethereum technology like the Plasma and Raiden network.

Booking & Inventory Platform

The web application platform will host a booking platform for travellers and a hotel inventory system for hotels. Travellers will be able to search and book hotels. Hotels can update room inventory and prices directly or integrate with channel managers. A majority of hotels manage their inventories using channel managers as a single point of management, therefore GOeureka will provide necessary APIs (Application Programming Interface) for integration. GOeureka will also work directly with major channel managers to automate the integration process for hotels.

Benefits of GOeureka

This project is based on blockchain technology that can be relied upon to store user data in the system. It is almost impossible to hack because data is stored on distributed network nodes. Thanks to KYS registration, a traveler is protected from fraud - only real hotels can register on GOeureka.