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Crypto Travel and Its Future Implications
Abstract
The advent of the realm of cryptocurrency has undoubtedly emancipated a single turn in the domain of outweighing sectors and its stride had shed its limelight over travel as well. The chapter delves into examining the domineering scope of travel accelerated by blockchain technology and digital currencies. Addition to the discussion regarding its potentiality superseding innovation, the chapter denounces the foregrounds that hamper the adoption of wide spread crypto travel these include regulatory uncertainty, scalability problem and concerns regarding volatility and legal compliance all of which must be taken in to account to drastically render upon block chain technology in the travel sector. Ranging from the expansion of tokenized Loyalty program to the disclosure of decentralized travel market places and the incorporation of virtual reality experiences, the possibilities of innovations are thoroughly breath taking.
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