HBAR Foundation, the development team behind the Hedera blockchain, announced via a blog post on Thursday that Xeni has launched its travel ecosystem on the Hedera network. Xeni is a B2B solution that powers subscribers to instantly resell travel online to their bespoke audiences.
Powered by Hedera, Xeni’s new platform will allow travel resellers to maximize their profits by streamlining the costs of launching their business, accepting payment, and settling suppliers. Thanks to this latest development, Xeni subscribers can instantly launch their own online travel business, complete with a booking engine, bookable inventory at wholesale rates, and CRM.
Hedera Hashgraph is distributed public ledger infrastructure. According to the team, it offers significant improvements over existing blockchains in five areas: performance, security, governance, stability, and regulatory compliance.
HBAR is trading at $0.0484 at press time, down by more than 2% over the last 24 hours.