Yozok will be a one-stop travel booking platform that covers the entire industry, from ticketing to hotel bookings for the new travel ecosystem. It will be a fully functional travel booking website with the incredible benefits enabled by next generation’s decentralized technologies and tokenized incentive structures. Consumer demographics and their preferences continue to evolve. Younger generations of consumers are driving the movement towards decentralized technologies and other peer-to-peer cryptocurrencies. The new generation of consumers are expected to travel more than any group before them but are also forecast to do so in new ways. Yozok, as a Next-Gen online travel company, changes the dynamics between this consumer of the future and their travel buying. Yozok can be used in many countries that will allow travelers to travel and enjoy the experience of being transparent, easy, and secure.

Yozok’s mission is to bridge the gap between the traditional booking experience and next gen decentralized booking experiences. It aims to expand the competitive edge of the platform while simultaneously increasing customer satisfaction, revenue, and profit margins.

The travel industry had been the second-fastest-growing sector in the world in the pre pandemic times. According to the World Travel and Tourism Council, in 2019 the travel and tourism grew 3.9 percent while the global GDP growth was 3.2 percent.

Pandemic changed the projected overview for 2020 and for a few years ahead but the pace of recovery remains steady even if slow. According to the newest edition of the UNWTO World Tourism Barometer, international tourist arrivals (overnight visitors) increased by 58% in July-September 2021 compared to the same period of 2020. The uplift in demand was driven by increased traveler confidence amid rapid progress on vaccinations and the easing of entry restrictions in many destinations. On the upside, tourism spending per trip has increased significantly due to large savings and pent-up demand, softening the blow to economies. International receipts rose from an average of US$ 1,000 per arrival in 2019 to US$ 1,300 in 2020 and could exceed US$ 1,500 in 2021. The safe resumption of international tourism will continue and is projected to return to pre pandemic numbers by 2023.

The travel industry comes with proper resources to integrate new solutions and technologies that can evaluate the growth process. The blockchain technology and cryptocurrency can expedite and make the traveler’s experience more comfortable. Moreover, it makes it more effective and helps to reduce high costs for service providers bringing savings for consumers.

• A globally competitive range of travel services; Flights, Accommodation (Hotels, Resorts), Vacation Rentals, Tours, Activities, Experiences, Restaurants, Transfers, Car Rentals, and Cruises

• Powered by token incentivization & loyalty model

• Available at a lower than current mainstream OTAs, which will be enabled through agile integration of the leading wholesale travel solution partners

• Payment options with both leading cryptocurrencies and traditional currencies

• Featured with discounts and special offers direct from brands and suppliers

The Yozok token are the points on the blockchain used to purchase travel, receive loyalty program discounts and rewards.

YZK can be purchased on digital currency exchanges, earned by joining the affiliate program, participating in the Invite program, or simply by making a booking on Yozok.com.

Overbooking - Blockchain may remove the problem of double bookings in the travel industry by preventing double-spending.

Settlement Blockchain allows for moving money faster. Plus, the removal of intermediaries and their fees, money transfers in real-time, instant settlement, streamlined and continuous auditing - all these will benefit the travel industry

Bottleneck in loyalty programs - Currently loyalty programs are valid within one company or alliance. Possibility of buying tickets with points earned from using services from a competing company is there using blockchain technology

Solution

• Can spend, earn, and convert rewards without friction.

• Transparency of Payment

• Consumers can benefit from tokenized loyalty rewards.

• Fraud Prevention

• Prevent Overbooking

• Fair pricing policy

• Range of payment options for customers including popular cryptocurrencies and traditional methods.

In conclusion, Yozok is an ecosystem and offers a cryptocurrency that aims to bridge the gap between financial service providers and the Travel and Tourism industry globally. The business aims to offer lowest travel packages to worldwide travelers through their blockchain. Furthermore, by developing an ecosystem revolving around fintech in the Travel Industry. The development and investments in the Yozok ecosystem and the innovative marketing strategy will inevitably increase the token value on the partner exchanges, resulting in a wealth increase for all Yozok token holders.

This whitepaper sets out the current and future developments of the Yozok.com platform and the YZK token. This whitepaper is made available merely for the purpose of providing information and is not a statement of future intent. The information contained in this whitepaper has not been approved by any regulatory authority and may be amended, updated, or otherwise modified at any time. In publishing this whitepaper, Yozok.com, its related bodies corporate, its directors, staff, and any other contributors make no warranties or representations of any kind, including with respect to successfully achieving the development or implementation of the technologies, innovations, or any other activities noted in this whitepaper, and to the maximum extent permitted by law, any warranties implied by law or otherwise are hereby disclaimed.

While every effort has been made to ensure the accuracy of the information contained in this whitepaper (including but not limited to all statements, opinions, forecasts, or projections, whether expressed or implied), we make no guarantee that the information in this whitepaper is accurate, complete, or up to date.

The plans and projections mentioned in this paper may not be achieved, either in part or in whole, due to multiple risk factors such as (without limitation): changes in legislation or regulation, defects in technology developments, corporate actions, market or sector volatility, or the unavailability of complete and accurate information. In the event that changes to legislation or regulations make it illegal or commercially unviable to operate in a particular jurisdiction, some or all plans and/or technologies described in this whitepaper may not be deliverable to, or may cease to be offered to, users in certain jurisdictions.

This whitepaper is not directed to, or intended for distribution to or use by, any person or entity who is a citizen or resident of or located in any state, country, or other jurisdiction where such distribution, publication, availability, or use would be contrary to applicable laws or regulations. The content contained in this whitepaper should not be interpreted as professional financial, tax, legal, or business advice, nor as a provision for any type of advice.

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