BUK Protocol is a solution stack focused on tokenizing dynamic real-world assets like event tickets, airline bookings, and hotel reservations. It enables sourcing, tokenization, reselling, and consumption of these assets, offering benefits for asset owners such as new revenue streams from trading assets, improved distribution, enriched consumer experiences, diversified market offerings, aggregated inventory, and liquidity consolidation.
BUK Technology Inc was established in 2022 with an objective to harness the potential of Web3/Blockchain for real world industries dealing in dynamic assets.
BUK empowers travel organizations or retailers to enable trading of their bookings, tickets, membership passes, subscriptions and coupons. Any organizations dealing with assets with an expiry date can use BUK protocol to unlock secondary market trading for their assets which will earn them passive income in form of royalties. Airlines, lounges, and duty-free or other forms of retail organizations can leverage BUK’s stack.