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In the last decade, Blockchain has disrupted many industries and brought in huge transformation in the way industry work. While the basic use of Blockchain was limited to Bitcoin exchange, but over a period of time, it has become a mainstream technology and now it finds different applications. One such use of Blockchain is in the travel industry. It is one of the fastest-growing industry, and there is a need for a transparent system which can ensure that everything works seamlessly, such that they can deliver outstanding customer service. When we talk about different applications of Blockchain technology in the travel industry, we can enumerate the following :
1. Creating a transparent system
2. Follow up with customers.
3. Quick room allotment
4. Data safety and security
5. Faster transactions
Well, the use of Blockchain is not just limited to research or whitepaper; rather, many companies have actually stayed using Blockchain technology. The growing use of this technology has led to the demand for Blockchain expert who can help in syncing the technology with the current ...
... model of business operations.
Five travel companies using Blockchain technology:
Winding Tree- It is one of the Blockchain-based travel startups that is giving stiff competition to travel giants. It has come up with its LIF token, and it connects travellers directly to service providers like airlines, hotels, tour guides etc. This minimizes the fees, and the travellers can directly choose a reliable service without relying on the third party.
Webjet- It is another popular Blockchain-based travel industry startup which has streamlined the booking experience. It records all the entries on DLT, which reduces the probability of any error or mistake.
Sandblock- It provides a unique platform to the travel providers. Any travel provider can create its loyalty program on this platform and create their own loyalty token which can not only be exchanged for brand-related rewards, but at the same time, it can also be used to exchange real coin. Besides, users can also use this token for different services.
Cool Cousin- This is a great platform for tour guides as they can incentivize their knowledge to earn money. Travellers and local “Cousins” can participate in travel agencies with CUZ token.
The system’s feedback and ratings are more reliable due to the trustworthiness of the content and transparency inherent in Blockchain-based systems.
Travelchain- The objective of this startup is to remove the intermediaries from the supply chain. Users can monetize their travel data, and this platform keeps all the data safe and free from alteration. Besides the users can use the token and exchange it for different services that are present on the platform. Participating companies can get more information about travelling and use it to promote their business. Besides, travel companies can use the customer experience to customize their promotional strategies.
These are just some of the examples of companies that are working in the travel domain and are using Blockchain.
It’s a revolutionary technology that will be changing the course of the travel industry in the times to come. Becoming a Blockchain expert not only opens the avenues of now job options but also start your own business. Blockchain Council renders certification program in this field.
Blockchain Council is an authoritative group of subject experts and enthusiasts who are evangelizing the Blockchain Research and Development, Use Cases and Products and Knowledge for a better world. Blockchain technology is more than just a technology, which is emerging rapidly with a vast scope in the future. Blockchain acts as a financial network, software, distributed ledger, etc. Owing to this multitude of benefits and features, companies are now shifting their centralized and traditional working system to this trending and futuristic technology “Blockchain”. Blockchain council creates an environment and raises awareness among businesses, enterprises, developers, and society by educating them in the Blockchain space. We are a private de-facto organization working individually and proliferating Blockchain technology globally. Visit here for more details@https://www.blockchain-council.org/
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