The success of cryptocurrency and blockchain lies in the wide range of usage of these in many fields. Traveling is one such field that is adopting cryptocurrency. Its main advantage is absolute security because the data is stored in the numerous cells, which are constantly synchronized and checked for accuracy.
Blockchain will benefit both travelers and service providers. This is because blockchain usage doesn’t require any intermediate party to play a bridge between travelers and service providers. Moreover, blockchain allows a much smoother and convenient way to book flight tickets and accommodation.
Already a lot of blockchain technologies have hit the travel and tourism industry and brought many innovative ways to make the trip of its customer safe and sound. For example, if you want to travel to Melbourne which might be a completely alien land to you, then blockchain technologies like Winding Tree Project will allow you to choose the most suitable flight and accommodation options and book them from the service providers (hotels, air companies, etc.) without paying any commissions to the third parties.
Because of this huge success of cryptocurrency in travel and tourism, a lot of new projects have come up in this sector. The following are some of the top cryptocurrencies in the travel industry.
Aditus is probably the world’s first luxury platform for crypto-affluent. The Aditus token will be used to purchase merchant offers such as those showcased at the event (including travel experiences, rentals, vacations and concierge services) and reward user engagement. The platform will also allow payment in other cryptocurrencies.
- Bee Token:
Bee token is a network based on bee protocols which connects the hosts and guests without any commission. It introduced its own cryptocurrency called BEE token and allows the customers to book their accommodation using these tokens.
This is an Ethereum block chain which enables the travelers to book not only their accommodation but also their traveling tickets. They are highly acclaimed for making travel expenses cheaper. It was voted as the most effective payment method by Asia Pacific Travel, one of the most popular online air ticket agencies in Asia.