While block chain technology is disrupting many industries, it is especially suited to the tourism and travel industry because of its low usage cost which eliminates intermediaries and commission fees. Its transparency, security, and immutability which do not allow unwanted deletions or transactions, scam or fraud are also important in travel industry. In addition, these transactions and transfer of value, when processed through the use of block chain, smart contracts can be carried out within seconds with no ties or affiliates to the traditional banking system.

The privacy issue which characterizes the traditional travel industry is also addressed by block chain technology by minimizing the exposure of sensitive data. The outcome is a revolutionized operating system which provides an effortless customer satisfaction, seamless integration of big data and Artificial intelligence into the industry, and high-level data security to deliver a decentralized, peer-to- peer transaction on the ETHT Platform.

With such long-term and promising potentials for growth in the travel and tourism industry, the global market is ready for an aggressive embrace of the block chain technology which can seemingly sustain unlimited generation of capital.

For more detailed information, please visit: https://ethtravel.io/