Blockchain technology can be characterized as an innovative approach to digital information storage and processing based on a thematic record book upheld on numerous computers. In this chapter, the author gives an insight into how travel and tourism have evolved with blockchain technology regarding security, efficiency, and service provision. The tech helps consolidate and optimize sundry activities, ranging from checking into a hotel to making a flight reservation and managing loyalty programs; all done at lower costs, to the overall consumer benefit. Launching blockchain in tourism solves critical tourism issues that include mediating persons in booking systems and enhancing the flexibility of loyalty programs. The technology retains secure data for the travelers on the one hand while on the other hand, the service providers are in a position to enhance the quality of service delivery. Recent uses in hotels and airlines show a great increase in effectiveness as well as user satisfaction. Shortly, blockchain technology is expected to develop the travel ecosystem through combined digital ways such as travel documentation, reservation, and incentives. Furthermore, the technology helps encourage sustainable tourism strategies, as consumers can see where their eco-tourism decisions are leading and towards what more efficient future the tourism business is progressing.

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Blockchain Fundamentals and Its Applications in the Tourism Industry

  • Mamta

摘要

Blockchain technology can be characterized as an innovative approach to digital information storage and processing based on a thematic record book upheld on numerous computers. In this chapter, the author gives an insight into how travel and tourism have evolved with blockchain technology regarding security, efficiency, and service provision. The tech helps consolidate and optimize sundry activities, ranging from checking into a hotel to making a flight reservation and managing loyalty programs; all done at lower costs, to the overall consumer benefit. Launching blockchain in tourism solves critical tourism issues that include mediating persons in booking systems and enhancing the flexibility of loyalty programs. The technology retains secure data for the travelers on the one hand while on the other hand, the service providers are in a position to enhance the quality of service delivery. Recent uses in hotels and airlines show a great increase in effectiveness as well as user satisfaction. Shortly, blockchain technology is expected to develop the travel ecosystem through combined digital ways such as travel documentation, reservation, and incentives. Furthermore, the technology helps encourage sustainable tourism strategies, as consumers can see where their eco-tourism decisions are leading and towards what more efficient future the tourism business is progressing.