Buk Technology is an ecosystem, focused on building a secondary marketplace for hotel room bookings, where hotel rooms can be bought, distributed, sold and resold just as any other collectible NFT. This means as an end user, you will no longer need to pay a cancellation fee in case you are not able to stay at a hotel, you can resell your booking in an open NFT marketplace just like OpenSea or Rarible. And every time a hotel room is traded, the hotel also earns a secondary commission. All cancellations and refunds now happen on chain and immediately.