Best 5 Companies Using Blockchain To Transform the Travel Domain

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Best 5 Companies Using Blockchain To Transform
The Travel Domain

• Being the disruptive technology it is, blockchain
  has the potential to greatly improve the overall
  travel experience by allowing consumers to
  interact with service providers directly. In this
  article, we will throw light on the top 5
  companies that are playing a major role in
  establishing blockchain's place in the industry.

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Companies Transforming The Travel Industry

• The following are some of the notable companies
  that are working to improve the key aspects of
  the travel ecosystem.

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Cool Cousin

• Cool Cousin was launched in Tel Aviv in 2016 and
  is being used today by more than 500,000
  travelers across the globe. Through the curated
  travel experience that it offers, it aims to act
  as a better alternative for tourists. Identifying
  the potential attractions and highlights of a
  region is a big part of a traveler's planning
  process. Though popular travel websites such as
  TripAdvisor and Lonely Planet offer a certain
  amount of travel guidance, they are affected by
  certain issues that stem from the lack of
  profit-oriented models and transparency.

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• The blockchain-based ecosystem of the company
  offers an accountable and authentic tour
  opportunity for its users by incentivizing local
  guides to monetize their local knowledge. The
  feedback and rating systems of the application
  are reliable as it is based on blockchain. It
  offers a CUZ Token where the value flows between
  the users and is not extracted by intermediaries
  along the chain. This is due to the decentralized
  nature of blockchain.

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Sandblock

• In the hypercompetitive tourism and travel
  sector, loyal rewards have gone through several
  iterations, but the most recent project in this
  sphere offers a real departure with the help of
  blockchain technology. A majority of the frequent
  travelers belong to hotel and airline loyalty
  programs. Though the rates of participation in
  loyalty programs are high, a lot of customers are
  willing to accept better deals from competing
  service providers and carriers if the price is
  reasonable.

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• Sandblock is a new entrant that is looking to
  transform the loyalty landscape with its
  blockchain platform. The system allows travel
  providers to create their personal loyalty tokens
  that can be used like real coins and exchanged
  for fiat and brand-specific rewards.

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• Customers can use these tokens to redeem rewards
  and can also earn more by being an active
  participant. It helps businesses by providing
  better data and transparency and an ecosystem
  that returns the value in terms of happier
  customers and improved targeting

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Travelchain

• Travelchain uses an open-source blockchain to
  eliminate intermediaries on the supply chain. It
  empowers users to collect and monetize travel
  data and helps them keep it safe from prying
  eyes. Users can receive tokens as compensation
  for sharing data with service providers or travel
  agencies. The tokens can later be redeemed for
  money or services.

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• Companies that participate will be able to get
  access to more detailed information about
  travelers, which they can use for pinpointed
  promotion targeting. These companies also offer
  customized tours and promotions based on the
  preferences of travelers, thus delivering value
  to all stakeholders.

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Winding Tree

• Winding Tree is a blockchain-based startup that
  uses the LIF Token to directly connect travelers
  with service providers such as tour guides,
  hotels, and airlines. This helps minimize the
  associated fees for travelers and also reduces
  the costs incurred by service providers. It uses
  the ERC 827 protocol and smart contracts to offer
  better savings for the stakeholders of the travel
  industry. Its nonprofit status ensures that there
  there are no middlemen involved to add
  unnecessary fees to the booking process.

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Webjet

• Inaccurate hotel bookings often cause anxiety and
  stress for your travel experiences. Webjet, a
  popular online travel agency, has designed a new
  model to avoid irritating booking experiences.
  Webjet's system enhances the consumer experience
  by recording all the entries on the immutable
  ledger of the blockchain,

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Conclusion

• Blockchain is challenging the status quo of the
  current travel environment, such as bad reviews,
  long queues, booking irregularities, and high
  fees, with a host of services that are designed
  to streamline and modernize the travel
  experience.
• To learn more about blockchain certifications
  ,online Degree and become a blockchain expert,
  check out Blockchain Council.

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Blockchain Council Certifications

• You can check out our certifications, and kick
  start your career in the Blockchain space today.
• Certified Blockchain Expert
• Certified Blockchain Developer
• Certified Smart Contract Developer
• Certified Solidity Developer
• Certified Ethereum Developer

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