Blockchain Tourism: Development And Transformation Of The Tourism Industry

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The continuous development of new technologies brings many new possibilities to the tourism industry. Blockchain technology has the potential to disrupt the way we manage information and data, and this will not only happen in the financial services industry, but the travel industry is also gradually affected. At this stage, blockchain tourism has been given the aura of a “changer”. Promoting a new round of development of the tourism industry through blockchain technology has become a topic of concern to the industry. Currently, the “transformative” application developments of blockchain tourism in the tourism industry include:

1. Intermediary communication

At present, the tourism industry chain of OTA platforms such as Ctrip is relatively long and involves many intermediate links in the transaction process. In order to maintain its own development, the platform charges high commissions to the service providers who settle on the platform, resulting in increased operating costs.

British social platform Cool is empowering new communities by building a global decentralized ecosystem of locals and travelers powered by a new cryptocurrency called CUZ to enable personalized messaging and unmediated exchange of personalized services. Travel agencies laid the foundation. Domestic use of decentralized blockchain technology, based on smart contracts, uses TRIO Token for accommodation reservations, skipping the price difference between platform middlemen, and directly connecting users and merchants. Service providers do not need to pay any commission, which reduces operating costs and allows users to get better services at lower prices.

2. Digital identity, points and booking management

After years of development, traditional travel platforms (OTA) have been monopolized by the four major groups. Due to the large number of problems caused by monopoly, including information leakage, points restrictions, cumbersome reservations, etc., blockchain technology can effectively solve these problems.

Use blockchain technology to verify the credibility and identity information of landlords and users. Reputation is extremely important on the platform. Users can rent specific types of houses only if their credit reaches a certain level. In Estonia, blockchain technology has been used to develop electronic identity projects and cryptographic security breaches. It is reported that allowing non-Estonian residents to apply to become e-citizens of the country will enable these residents to enjoy a range of services provided by the country. Even non-Estonians can get an electronic resident ID card.

Leou Online Cultural Tourism Platform is an online cultural tourism comprehensive service platform that applies blockchain technology, including five core cultural tourism functions such as hotel reservations, ticket reservations, attraction inquiries, resource sharing, social sharing, as well as other cultural tourism such as insurance and finance. Function. Surrounding services. The platform uses points for consumption. Point holders from the same institution can directly transfer and gift points. Point holders from different institutions can exchange points between different points in the points mall, or exchange them into Leou coins for circulation on the platform. , expand the scope of points circulation.

Russian airline S7 uses Ethereum blockchain technology and cooperates with Alfa Bank to launch blockchain ticketing services. This move speeds up the booking and payment process.

标签: #Blockchain

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