ShareRing Launches New Payment Platform Using VeChainTHOR Blockchain

Parth Vig
Parth Vig is a Management student, and a keen observer of Cryptocurrency and blockchain technology, his interest in writing brings him to thecoinrepublic.com, He believes that he has many ideas that he pens down and he feels it would be a great asset for any kind of creative writing.
  • ShareRing has integrated with VeChain token as the new payment option on the travel app.
  • It has also integrated the VeChainThor Blockchain for an easy method of hotel booking, car rentals, tours, eVisa applications, and much insurance coverage.
  • The VeChainThor Blockchain is said to be the next generation Blockchain in the entire Information technology space.

ShareRing is a decentralized travel app built on the distributed ledger. To enhance the further user experience, ShareRing has integrated with VeChain token as the new payment option on the travel app.

It has also integrated the VeChainThor Blockchain for an easy method of hotel booking, car rentals, tours, eVisa applications, and much insurance coverage. VeChain is the global leading enterprise-grade public Blockchain platform, with many S & P 500 companies integrated into the VeChainThor Blockchain and distributed ledger.

The expected launch of the ShareRing platform on the 8th of this month will let users benefit from VET token on their platform seamlessly. Using the VET token, users can easily use it on the ShareRing platform to book more than 2.5 Million Hotels in 190 Countries, select as a driving mode with 1.2 Million vehicles across 150 countries.

Advantage of applying for electronic visas on arrival, view information regarding activities and tours, check flights and book them, insurance coverage, and much more.

The VeChainThor Blockchain is said to be the next generation Blockchain in the entire Information technology space. With no back end access and tamper-proof technology, in general, Blockchain is the important implementation in data sharing and data recording in a wide connected network, with increased efficiency and the seamless transfer of information on the chain.

This Blockchain technology is enabled by many business and industrial sectors, which aims and intends to serve as the foundation for a sustainable and scalable business Blockchain technology.

The VechainThor Blockchain built upon utilizing POA (Proof of Authority) consensus algorithm and meta transaction features, protocols of transaction fee delegation, on-chain governance mechanism, tools for developers, and built-in smart contracts.

ShareRing is also set to release an all in one app integrated with the VeChainThor Blockchain for easy and efficient use with advanced user experience. It also boasts a geo-location-based service providence enabling users to share services in their neighborhood.

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