FIRST HOTEL BOOKING PLATFORM BASED ON BLOCKCHAIN
GOeureka What's up guys, I will be talking about what I saw during my article review that I would be sharing to with you today. We all may know about the online travel agencies (OTAs), if you don’t know them I will briefly be talking about them, their challenges and the solution. So what is this OTAs if you may ask, these guys have undeniable access to online individual hotels online and they can also use the advantage on low demands for prices by customers. However, OTAs are largely grown and are actually generating high revenue than before. Besides, they have a direct impact on the hotel industry. What happens is that these OTAs and Customers are actually benefiting from the business, so we found out that the industry is actually facing a situation whereby goods or service will be creating massively fewer profits than a business intermediating its sales. It turns into a loyalty program market, expanding to a larger value for its customers while hotels stand a chance t...