Abstract

Tourism service industry has its particularity, that is, it is dominated by one-time consumption, multiple interest subjects and a large number of intermediaries coexist. Therefore, integrity, transparency and regulation are the pain points of the industry. The BlockChain technology has the possibility to solve the pain points of these industries and innovate the whole tourism service industry. Based on the advantages of BlockChain technology, this paper systematically analyzes the potential of BlockChain technology in tourism integrity, management mechanism, intelligent services, information security, tourism sharing economy and tokens to promote cross-border travel.

Highlights

  • Tourism has become a strategic pillar industry of China's national economy, and is a key field to implement the new development concept of "innovation, coordination, green, open and sharing"

  • While the demand and expectation of consumers for tourism services are constantly increasing, there are many problems in the supply capacity of tourism services, which increasingly hinder the sustainable development of tourism

  • The existing management mode and thinking of tourism management department are difficult to maintain the effective performance of its functions in the reality of the continuous expansion and upgrading of tourism formats

Read more

Summary

RESEARCH ON INNOVATION OF BLOCKCHAIN TECHNOLOGY IN TOURISM SERVICE INDUSTRY

Lianfeng Zhang Ph.D. student at the Faculty of Economics and Management Sumy National Agrarian University, UKRAINE. Scientific supervisor: Yuriy Danko Professor, Department of Economic and Management Faculty of Economics and Management Sumy National Agrarian University, UKRAINE. Tourism service industry has its particularity, that is, it is dominated by one-time consumption, multiple interest subjects and a large number of intermediaries coexist. Integrity, transparency and regulation are the pain points of the industry. The BlockChain technology has the possibility to solve the pain points of these industries and innovate the whole tourism service industry. Based on the advantages of BlockChain technology, this paper systematically analyzes the potential of BlockChain technology in tourism integrity, management mechanism, intelligent services, information security, tourism sharing economy and tokens to promote cross-border travel.

Introduction
Conclusion
Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call