How can we apply blockchain technology in the tourism industry? Discover the benefits and to what extent they bring about change in this fascinating article.
Ultimately, it is a list of public records, also known as public accounting, where the transactions between the parties are recorded or stored.
The blocks are also permanent and can not be changed without the consent of the entire network and without changing all subsequent blocks.
The decentralized, permanent, time-stamped and unalterable nature of the data recorded in the blockchain means that the data is more protected, accountable and transparent.
In recent years, blockchain technology has created great enthusiasm in many industries and fields.
Tracking luggage Blockchain technology can be notably valuable in tracking luggage movements, particularly when it comes to overseas travel.
Prevention of fraud Consumers did hotel reservations through websites and believed that it belonged to the hotel but it is actually operated by scammers.
How Indian industries are transforming via blockchain technology- a decentralized system.
Blockchain technology mutually manages the database that records transactions.
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