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The travel industry is considered as the fastest-growing economic sector in the world. According to the report of the UNWTO (World Tourism Organization), it provides about 10% of the global GDP and 30% of total export of services. For some countries, for example, Aruba, Malta, the Maldives, Cape Verde and others, tourism has become the main driver of socio-economic development through the creation of jobs, infrastructure and export revenues.
At the same time, more and more people visit other countries for tourism purposes every year. In 2016 the number of international tourist arrivals (overnight visitors) reached a total of 1.235 billion worldwide, then by 2030 it’s expected to exceed 1.8 billion.
The tourism industry is very dynamic. Developing at a fast pace, it absorbs new trends, hi-tech features, and ideas. While a century ago, traveling was a luxury, accessible only to a small segment of the population, now it has become a part of the lifestyle of millions, largely attributable to the adoption of new digital technologies. In particular, appeared GPS navigators that replaced inconvenient paper maps, reservation systems like Booking.com or Expedia, through which you can book accommodation quickly and easily. In addition, travelers discovered such services as Airbnb and Uber, began to actively use mobile money for payments.
While these concepts have already proved their usefulness and have ingrained in the modern tourism, the soaring blockchain technologies are just on their way. Recently the world has been overwhelmed with the news about companies that are beginning to implement them
