The travel industry is the second-fastest-growing sector in the world (the first is manufacturing). According to the World Travel and Tourism Council, last year travel and tourism grew 3.9 percent, meanwhile, the global GDP growth is 3.2 percent. The travel industry comes with proper resources to integrate new solutions and technologies that can evaluate the growth process. The blockchain technology and cryptocurrency can expedite and make the traveler’s experience more comfortable. Moreover, it makes the work of employees more effective and helps to reduce excessive costs.
The salient feature of the travel industry is a various number of third parties, as a result, the end-user — tourists — have to pay huge commissions, although they don’t even bother. Furthermore, the long chain of intermediaries causes delays, overbooking, mistakes, and other serious problems. Travel companies started to integrate blockchain and cryptocurrency projects a few years ago to prevent such issues. We can name several main areas of using blockchain technology in the travel industry which is improving travel business even now.
Bitcoin Asia will be one of first travel companies through which you can book travel packages of Asian Countries using cryptocurrency. There are fewer companies in the world that offer to book flights and hotels through cryptocurrency. But many tourists want to book the entire vacation with cryptocurrency. BitcoinAsia takes that initiative to solve this problem of tourists. Where we will provide an online platform to book an entire vacation which includes flight, hotel, local transport, meal plan, local Guide, etc.
BitcoinAsia is going to provide an alternative channel for Travellers to flourish under a truly globalized and populist approach of financial assertion and transparency paradigm.