The giant steps that blockchain technology continues to take is incalculable, since even when from our workspace in the blockchain, outside there are endless applications that day after day come to public light and that happen to cover useful functions such as for example; the advances that blockchain is giving to the payment and hotel reservation systems.

Blockchain reservation systems are known to be one of the most interesting trends in the hospitality industry, according to information I was able to research these systems can be used to create "smart contracts" that automate the transfer and disbursement of funds when a reservation is made and a service is provided.

Another segment that has also been using blockchain technology to facilitate its operations is the airline industry, which is now known to be turning to blockchain to ensure the accuracy of its data.

Basically blockchain allows airline companies to verify travel documents in a way that provides immutability, transparency and security, elements that allow them on the one hand to verify the authenticity of documents faster and more efficiently than ever before, and on the other to create a friendly payment system for their customer pool.

In recent years a considerable percentage of hotels and airlines globally create customer profiles by segmenting data into different categories, namely; demographic information versus travel details, in addition to gathering the right information at the right time and ensuring that customer data.

There is no doubt that blockchain technology will be able to offer more and more personalized experiences and establish connections with other sectors, which reveals a potential advantage for people, considering that traditional systems have become obsolete.

SOURCES CONSULTED

Conexiones365 Blockchain: The technology that could change the hospitality industry. Link

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