Leyou online travel platform applies blockchain technology to the tourism industry. What impact will it have on the tourism industry?

Now, blockchain seems to be a myth. Everyone is talking about it, everyone is pushing it. In addition to the three most promising areas of blockchain-government projects, medical care and logistics, in fact, in tourism, blockchain technology plays a huge role and gradually changes our travel style.

First of all, from the perspective of blockchain technology itself, the value of blockchain in tourism lies in the fact that the network it forms is a transparent and unbreakable global database, and every user on the network can upload and obtain tourism data in real time. Once a transaction occurs, this database will quickly and accurately record the data information in the reservation and payment system, which can not only prevent overselling, but also flexibly adjust the pricing according to the real-time tracking of supply and demand. In addition, after smart contracts are connected with other services such as blockchain market forecasting and travel insurance, tourism enterprises can maximize their income.

Secondly, the emergence of travel platforms like Leo Online Travel has changed the way of travel best. The reason why websites like Ctrip and Qunar often cheat customers is because of the high commission. Nothing more than because these travel websites monopolize the whole tourism market, which brings convenience to tourism, and naturally there are many incidents of cheating customers. Nowadays, the first step for the blockchain to land in the tourism industry is to establish a decentralized OTA platform. Decentralized institutions will rebuild the traditional interrupted credit chain and stifle a large number of situations that deviate from the credit principle in an open and transparent blockchain. Invisibly, it solves the bilateral credit problem between consumers and travel service providers.

In addition, it is necessary to talk about the grand ideal of blockchain tourism and realize community autonomy. In short, tourists become the masters of tourism, while Ctrip, Leo and other big names only provide order and stability. The public provides tourism services, purchases tourism products and conducts tourism transactions through the blockchain network. The audit rating of tourist attractions and the rating of hotels are also decided by tourists themselves. This awesome thing is not only a fantasy of the entire tourism industry, but also a good thing for the public. This is the most advanced way to change the way of travel.

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