Don’t we all love projects trying to solve simple real life problems. BUK one such project and we are excited to partner with them in this journey.

BUK is a decentralized, open chain globally accessible protocol, making the conventional hotel inventory distribution and booking experience more flexible and decentralized to benefit all stakeholders such as travelers, hotel owners and even middlemen who trade these inventory. 

With Buk, customers don't have to cancel, instead they can resell their bookings. With BUK, every room booking is a Non Fungible Token that gives the owner the right to stay in a specific room for a specific duration. However, unlike traditional bookings, this token can be traded. This offers tremendous flexibility with hotels and intermediaries collecting commissions from these trades. This also opens up major opportunities for better price discovery and timelines that would have once been impossible. With trades and transactions stored securely on the blockchain, participants can benefit from full transparency.

With its standalone protocol layer, BUK paves way for further innovation as developers are able to create their own applications on top of it. Get instant on-chain payouts when your bookings are sold to someone else. Brace yourself, because cancellations are going to be a thing of the past!

‍Why is Arcana Auth the right partner for BUK?‍

A solution like Buktrips is targeted at a large set of web2 users. Arcana Auth solves a key piece in user onboarding. Arcana’s web3 Auth helps onboard users with familiar web2 social and passwordless auth, without the need to set up wallets and manage keys. Once onboarded, users get an In-App Web Wallet that doesn’t need any installation. These wallets allow travelers to manage bookings with just their email IDs. 

As a part of our onboarding commitment, we will also be helping BUK by supporting them in areas around product, growth, community building and launch on Arcana’s Mainnet. 

Quote from Buk Technology

BUK is excited to work with Arcana to bring the next billion to web3. With Arcana Auth, web2 users can log-in to web3 dApps easily, yet manage their in-app non-custodial wallets securely. BUK with its offering of tokenized hotel bookings and Arcana with its easy access wallets, are well positioned to become the segue for web2 users to jump on the web3 bandwagon!”

Nikhil Kulkarni, Founder & CTO, Buk

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About Arcana Network

Arcana is Web3 infra for devs to launch and scale apps through its Auth, Store, and Access SDK. Arcana Auth is the first product to go live on Mainnet. With Arcana Auth, developers can simplify Web3 Authentication and improve user conversion rates by up to 90%.

Web3 apps use Arcana Auth SDK to quickly onboard users through plug-and-play social login and passwordless email login. Users are given an Arcana in-app non-custodial wallet to sign transactions and manage tokens/NFTs, without installing any plugins.

Arcana has raised 2.7Mn USD from some of the leading investors and founders in the ecosystem, such as Balaji Srinivasan, Founders of Polygon, Woodstock, Republic Crypto, and Digital Currency Group.

Arcana’s Mainnet is now LIVE! Official Links: Website | Telegram | TG Announcement | Twitter | GitHub | Discord|