The Travel Industry is filled with pitfalls when it comes to purchases or exchanging money into a local currency. Credit and Debit card paying travelers are subject to multiple outrageous hidden transaction fees. Merchants, on the other hand, pay highly excessive fees to payment processors.
SkyPay's goal is to reduce these fees using the SKYS crypto currency, while tackling outdated practices within the travel industry's payment processing sector.
Project start-up. Service conception. System architecture development.
Q2, 2017
Board formation. Intense brainstorming on how to bring SkyPay to the World.
Q3, 2017
Received approval from IATA's API supplier to implement their booking system into the SkyPay App.
Q4, 2017
Coin Model design. Blockchain creation, testing and securing. Explorer and Web Wallet development.
Q1, 2018
ICO Website development. Dedicated SkyPay Miner Pool development, to mine and power the SkyPay Network.
Q1, 2018
Coin Sale to fund the SkyPay project. After the Coin Sale, list SKYS on major crypto currency exchange platforms.
Q2, 2018
Incorporate bank entity, acquire banking license, create debit card. Develop & launch SkyPay App, including wallet, bank account & booking platform. Aggressive marketing to drive users to the booking platform. Launch debit card.
Q3, 2018
Develop SkyPay's private currency exchange to be linked exclusively to SkyPay's banking platform, enabling real-time currency exchange from crypto to fiat. Connect the Banking Platform to the SkyPay App. Develop SkyPay's Point of Sale software.
Q4, 2018
SkyPay POS launch in first Airport.
Q1, 2019
Rollout SkyPay POS to the top 10 busiest airports.
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