Now a days I am reading about the Blockchain technology, and I really like this technology. there are lots of business fields and/or companies who try to use this technology and in fact they are using. So I want to know that how Blockchain can redefine Online Hotel booking? Is it also helpful for this field?
Adopting Blockchain can significantly eliminate middlemen, increase transparency, flexibility and time-saving. Blockchain can provide an affordable and efficient platform for both hotel and customers. This technology has an ability to benefit the parties by completely omitting the costs of OTA bookings. A Platform that features accountability and transparency would gain the customers trust. Financially this can be fruitful for the hotels as they no longer have to pay for the visibility on any specific site.