Aruba Looks to Ethereum to Boost Tourism

Aruba Looks to Ethereum to Boost Tourism

“Aruba is looking to blockchain to take power from travel monopolies and keep tourism revenue on its sandy shores.

No small matter for the Caribbean island, Aruba relies heavily on tourism – with a population of a little more than 100,000, it sees 1.2 million visitors every year. But with the travel industry dominated by the likes of Expedia and Priceline, a few online travel agencies (OTAs) and airlines all controlling pricing, a significant amount of Aruba’s tourism revenue gets shipped offshore.

Now, the organization responsible for fostering the island’s technical development, the ATECH Foundation, is looking to change that by working with Swiss startup Winding Tree on a blockchain marketplace for travel booking…”

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https://www.coindesk.com/blockchain-beach-aruba-looks-ethereum-sustain-tourism/

https://www.coindesk.com/blockchain-beach-aruba-looks-ethereum-sustain-tourism