- Blockchain
Companies Using Blockchain to Change Travel
Blockchain is a database often utilized in the cryptocurrency industry, where data is kept in blocks and linked together in a chain form. As a revolutionary innovation, blockchain can dramatically enhance travel by allowing people to communicate with service providers. The travel industry is poised for a paradigm shift due to the emergence of the blockchain, a powerful technical force.
This is already being hailed as an industry-changing innovation. Many start-ups and major organizations have already begun developing blockchain solutions for a wide variety of industry use cases. Here are three travel companies using blockchain to change the travel industry.
Travelchain
This Russian company allows its customer to keep their travel data secure from other third-party sources such as Expedia. In return, it gives its customers tokens for sharing their travel information with them, which they can later redeem for cash prizes or other rewards.
This allows other companies to gather more data about their customers, which helps them market their services and offerings accordingly.
Webjet
Webjet is an online travel agency that uses blockchain technology to record all their bookings and information, which reduces the chances of booking mistakes that often people have to face when they book through a travel agency. Its security features allow better transparency and privacy for its customers, making it popular among users.
Cool Cousin
There are currently more than 500,000 Cool Cousin users worldwide since the app was launched in 2016. It strives to be a better option for travelers by constructing a more engaging travel experience for them to enjoy. A traveler needs to figure out what they want to see and do in a new place before they set out. For its customers, the business's blockchain-based platform offers a trustworthy and authentic tour opportunity
The application's feedback and rating mechanisms are secure because they are built on blockchain technology.
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