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Collision Conference Preview: Cryptocurrency Comes To The Real World With Beetoken

beetoken-collision-top Collision Conference Preview: Cryptocurrency Comes To The Real World With BeetokenBeetoken Brings Cryptocurrency and The Blockchain To Real World Applications, Like Home Sharing.

What do you get when you combine the smarts of former product people from Uber, Facebook and Google? How about the first cryptocurrency, blockchain backed platform that will bring these two modern pieces of technology to the real world. That’s what you get with Beetoken.

Cryptocurrency and blockchain have been all the buzz (you see what we did there), in technology the last few years. Except, when you get past the technoheads, ubergeeks and nerds not many people know exactly what either one of those is, or how they fit together.

Cryptocurrency and the blockchain are ideal ways to democratize some of the basics in society while offering unparalleled user security. Together they create a safer way to pay, arbitrate and transact.

The core team at Beetoken, Jonathan Chou, Tony Tran and Jordan Ong have spent years working on some of the biggest tech in the world. Chou and Tran at Uber and Ong at Facebook. They know a thing or two about payments, user security and the sharing economy. That’s why they created Beetoken as a way to get ordinary people engaged with these life changing technologies in a way they will understand.

Beetoken isn’t just one product, it’s a platform. The Beetoken team has introduced the platform on their own product called BeeNest which is the first of it’s kind, home sharing platform that utilizes cryptocurrency and the blockchain to eliminate the middle man. By doing so they’ve taken the home sharing model, like Airbnb, and stripped away commission fees that can be upwards of 20% of a transaction.

Using Beetoken as the backbone home sharing hosts and home sharing guests can communicate directly with one another, pay directly to each other and leave unalterable reviews. Not only that, but as with any coin based economy, as more and more people use BeeNest and Beetoken, the community and the system grow.

Beetoken is on their way to creating a totally decentralized economy that real people can understand, and that’s what many people in the crypto and blockchain world don’t get. You see, by taking cryptocurrency and blockchain to real life applications and exposing real people to it, it creates a bigger chain and a bigger network. Now, people will really understand. The value in Beetoken isn’t just to their own users across BeeNest and other products developers can create with their open source API, but rather the entire cryptocurrency and blockchain industry benefits from educating more people.

Meet this revolutionary new company at The Collision Conference in New Orleans, April 30-May 3rd and find out more online at beetoken.com 

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