This blockchain-based startup will cut out the middlemen in travel booking - 0 views
-
Dinah Galligo on 27 Feb 18by Jonathan Keane - the Next Web, 22/02/18 is dominated by monopolies. This is quite evident in the space for travel booking services. Major players like Booking.com, Expedia, and Airbnb have become the go-to places for finding hotels and rooms but they all charge fees for the vendors while payment processing charges a fee on the customer. The blockchain, decentralised ledgers, and smart contracts have the potential to radically change how the tourism and travel industry works for both customers and vendors.