Blockchain technology: a solution to address the challenges faced by the international travellers

Suchi Dubey (), Ganesan Subramanian (), Vinod Shukla (), Ashish Dwivedi (), Kartik Puri () and Sanchita Sandip Kamath ()
Additional contact information
Suchi Dubey: MAHE Dubai
Ganesan Subramanian: MAHE Dubai
Vinod Shukla: School of Engineering, Architecture, Interior Design
Ashish Dwivedi: O.P. Jindal Global University
Kartik Puri: MAHE Dubai
Sanchita Sandip Kamath: MAHE Dubai

OPSEARCH, 2022, vol. 59, issue 4, No 11, 1488 pages

Abstract: Abstract Blockchain technology is emerging in many applications like healthcare, supply chain and other sectors. The present study fixates on developing a blockchain platform to bring transparency to international travellers as a distributed ledger. The current system trusts the third party to reserve for travellers, including airline booking, hotel stay, rented dormitory, car rental, and currency exchange. The existing system utilizes different mobile applications to do all the accommodations. The third-party who does this accommodation for tourists amass the accommodation charge. In a few cases, we cannot verify the tourist operator license. A hybrid blockchain for the tourism industry is introduced to engender trust, transparency, and immutable records. This maintains the travellers' privacy and solves many challenges the subsisting tourism industry faces. This research utilizes the New Economy Movement (NEM) symbol blockchain to enhance the traveller's experience and engender trust in the tourism industry. NEM symbol blockchain has unique features like NEM namespace, mosaic, currency swap, transfer transaction, and proof of stake+ consensuses protocols utilized in this proof of concept (PoC) design. NEM blockchain address is created for each traveller to track all the information as a distributed ledger and to build trust among all the stakeholders.

Keywords: Blockchain; Cryptocurrency; Namespace; Proof of stake+; Tourism (search for similar items in EconPapers)
Date: 2022
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DOI: 10.1007/s12597-022-00597-x

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