I know. I know. I know. It is not the best time to speak about travelling in the corona-crisis time, when travel industry is suffering its worst shock. In fact, not only tourism but we all experience civilization shock and stay at the door of global changes. From one day to another we’ve turned from the world on a steady move to the home dwellers. After it is all over, we will not be the same and what world is going to be will depend totally on us. However, it is a human nature to explore the unknown and to discover new places. And, we will not stop travelling but the way we travel might change. For instance, the travelers will want to save more money because the transportation might become more expensive due to the economic recession after the crisis. Hospitality and tourism industry will fight for each and every client. In this set and setting Blockchain technology has some solutions to offer how to improve travel experiences and even make travelling much cheaper.
Blockchain in Tourism by Elena Niederberger
https://www.youtube.com/watch?v=cmVuXCz7WyA
- Cryptocurrency: the payments are made without the hassle in a secure and traceable way. It is a direct payment with no need to use middlemen services.
- A single ID token: person identification is very important for tourism: airports, border checks, hotel check-ins. A unified identification system can save a lot of time and nerve by just scanning face or retina without showing documents.
- Smart Contracts: all the travel process from booking of tickets and hotels to luggage tracking in the airport and customer loyalty and feedback after the journey can be covered by Smart Contracts. Smart Contracts are the essence of Blockchain: paperless, secure, efficient. There is no need to look for paper contracts anymore in some dusted folders: everything is already online in the decentralized system of Blockchain. Your digital signature is encrypted and secured that prevents any frauds with any documents.
Blockchain for Travel from Amadeus (https://amadeus.com/)
https://www.youtube.com/watch?time_continue=172&v=YpS0zoJ9wCU&feature=emb_logo
Amadeus is a very well-known computer reservation system and software provider for global travel industry. https://en.wikipedia.org/wiki/Amadeus_CRS
You may think that Blockchain is very young technology which is only about to show its potential. Let it mature and then we will see. You are right, especially taking into consideration Blockchain challenges
However, the practical examples of Blockchain applications in Tourism already exist on the market. Below are some of the most successful businesses.
- Windingtree https://windingtree.com/
The company over decentralized platform allows users to book the hotels with up to 20% reduced price and track their luggage at any time.
https://www.youtube.com/watch?v=_qer1qd68eQ&feature=emb_logo
2. Cool Cousin https://www.coolcousin.com/
Cool Cousin is an innovative competitor of Lonely Planet and Trip Advisor. Cool Cousin offers direct connections with local people without ads and hidden marketing. The platform identifies highlights and attractions through the insider’s eyes.
https://www.youtube.com/watch?v=gMvu4fC6JKs
3. ShoCard and SITA https://www.sita.aero/
The company uses a range of technologies for identification management at the airports and border checkpoints.
https://youtu.be/86-RzyNJ594
The list of Airlines which have been already using Blockchain in their business:
- Air France/KLM
- Austrian
- Air New Zealand
- Air Canada
Brussel Airlines
- Etihad
- Swiss
Today instead of summary I offer you to watch the video below. Happy future travels!
https://www.youtube.com/watch?time_continue=55&v=bJo4tM-PHqo&feature=emb_logo
Sources:
https://www.investopedia.com/news/6-companies-using-blockchain-change-travel-0/
https://medium.com/@coinscapture/tourism-and-blockchain-16f9998d8448
https://www.wearemarketing.com/blog/what-we-can-expect-from-blockchain-in-the-tourism-industry.html
https://tokeninvestoronline.com/five-best-projects-implementing-blockchain-in-tourism/
I think there is a long way before something like blockchain identity could become popular. On the other side, if airports could apply it to stop losing the luggage so often, that’d be cool!
Diginfo Services offers the best Digital Marketing and IT services.social media marketing, content marketing, email marketing, graphics designing, google adwords, goolge analytics, website design, SEO, UI/UX, branding expert, digital marketing courses, video creation.