If a significant part of your country is built either on desert, or on man-made islands, then I guess you're not very scared of new stuff, being it the almighty blockchain. I'm talking about Dubai, of course, a country which seems to be on the forefront of tech innovation, although its governance is far from being a democracy.
In a recent effort to boost the country's already thriving tourism industry, Dubai announced a "blockchain based tourism marketplace", as part of its Dubai 10x initiative.
According to a news published by Arabian Business:
Dubai Tourism's Blockchain Marketplace aims to add an additional distribution channel for hotels in its first phase within the next 24 months.
Tourism chiefs said they aim to give global guests direct choice across the breadth and depth of the local tourism inventory, within a highly safe, transparent and real-time environment.
It's worth noting that Dubai also issued serious warnings about riskier parts of the blockchain ecosystem, such as ICOs, where it keeps a rather strict approach.
It's interesting to see actual use cases for advanced blockchain technologies, where speed, scalability and intercommunication are key. I mean,it's nice to read about all these, as a geek, but it's even better to think about how to actually implement an EOS, Tendermint or Cardano blockchain for a project like this one.
image source - Pixabay
I'm a serial entrepreneur, blogger and ultrarunner. You can find me mainly on my blog at Dragos Roua where I write about productivity, business, relationships and running. Here on Steemit you may stay updated by following me @dragosroua.
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Dubai has always impressed me.
The idea of a crypto based on tourism is interesting and driven by Dubai, it seems that it will have future
We can see what a country with money is and with a government that administers it well or at least better than others.
I might have to move to the middle east. America is really being left in the dust.
There is block chain fear of missing out, then this is use case FOMO........
Those who keep pace with the changing trends will survive. So, I think organizations will have to embrace blockchain for their survival.
This is great and I hope soon enough we would see this in other parts of the world and not just Dubai alone...but it is owk to have it start from Dubai.
That can be great thing Dubai is one of the fast growing country in the world in tourism they offering an amazing stuff for tourism and they also looking for high tech ways to improve their economy i'm taking it as great news
This is very interesting information .. Dubai is getting more sophisticated ,, I always want to be able to get there sometime .. Thanks ..
Well the Arab has goy the money and motivation to back it up...they proved it many times in recent history.
They can certainly afford to engage in newer and revolutionary project far innovational and riskier. With that being said....I think that blockchain will bloom under Arabs umbrella as far as the oil is flowing from their wells!!!
That great in the last few days i'm just hearing about more and more new uses for blockchain look like the world understand that this is the future and this going to use us in everything in life
This is interesting. Blockchain application is every where.
This is very intersting topic. i am also excited. go on buddy.
From banking to tourism, Blockchain is covering everything. Interesting scenario.
Dubai is the nice place of the world!tnx for your post!!!
I would not be surprise if airlines take on the approach of using blockchain to keep track of itineraries. Actually many and probably all forms of services can implement the use of blockchain tech. Sooner rather than later this will have to happen. So much potential with blockchain. Thanks.
Survival of the fittest is the trend of the world right from the very beginning. Anyways its nice to have started it in Dubai and hope it starts soon in other countries also.
When it is dubai anything can happen