Dubai opens Blockchain-based marketplace for tourism industry. The news was made by local news outlet Arabian Business.
Dubai has reportedly created a touristic marketplace from virtual commerce to businesses using Blockchain technology to stay 10 years ahead of other world cities.
The next two During the year, it will connect all tourism organizations participating in “trip planning” via Blockchain.
It also plans to add “real-time” pricing and the ability to choose from Dubai’s tourist inventory by making guest registrations transparent.
Dubai breathes new life into the tourism industry
Dubai Ministry of Tourism’s press release describes this new tourist initiative as:
We want to provide broader access to the global consumer. We plan to get more and faster visitors to Dubai by opening the domestic travel industry to new entrants and innovative new ventures.
The Tourism Blockchain marketplace initiative, according to Arabian Business, aims to attract tourists and create employment for small establishments.
Helal Saeed Almarri, Managing Director of Tourism, said the Dubai 10x project will launch a “new phase of development for government services” by bringing a number of innovative ideas into reality.
Arabian Business , said that Dubai will maintain communication with government inspectors as it implements the new initiative on tourism. based system announced its own plan. This was also part of the Dubai 10x initiative.
Dubai hopes to become the first Blockchain-government by 2020, while Dubai and the United Arab Emirates (UAE) in the fall of last year discussed the risks associated with cryptocurrencies and ICO. released regulatory warnings.
Cointelegraph