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Thread: Vacation Booking and Blockchain

  1. #1
    Senior Member dipeblnd's Avatar
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    Vacation Booking and Blockchain

    Does anyone know more about this? I have read a few articles and can't quite grasp the Blockchain concept. Will this cut out Expedia, Travelocity, and the likes? i feel like that will alienate a lot of travelers.

    https://cryptovest.com/news/be-gone-...ate-middlemen/

  2. #2
    Aruba since 1979
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    Andrea J.'s Avatar
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    interesting.

    would this be similar to Sears vs Amazon ? (i am tryiing to think of a "little guy" in brick and mortar retail and since sears is not doing so well these days i used them as an example)

    i am interested in reading more.

    awesome posting dipeblnd

    Quote Originally Posted by dipeblnd View Post
    Does anyone know more about this? I have read a few articles and can't quite grasp the Blockchain concept. Will this cut out Expedia, Travelocity, and the likes? i feel like that will alienate a lot of travelers.

    https://cryptovest.com/news/be-gone-...ate-middlemen/

  3. #3
    Senior Member dipeblnd's Avatar
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    Here is another article. I am still trying to get a handle on it.

    https://www.coindesk.com/blockchain-...stain-tourism/

  4. #4
    Senior Member WaltVB's Avatar
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    It will cut out the "discount" offerings of Expedia and the like if Aruba uses it properly. Quoting Wiki: "Starting with a strong focus on financial applications, blockchain technology is extending to activities including decentralized applications and collaborative organizations that eliminate a middleman." Aruba is seeking to form a collaborative organization to eliminate the middleman, for example Expedia. In essence it's like Aruba being its own travel agent. So when you search for "cheap Aruba flights" you will be directed to Aruba's wholly run travel site. The big question is can they do it? It would set a precedent I'm sure would be followed around the Caribbean.

  5. #5
    Senior Member bhoffdhoff's Avatar
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    Is this like Bookingbutton.com?

  6. #6
    Senior Member act1966's Avatar
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    Quote Originally Posted by WaltVB View Post
    The big question is can they do it?
    Given the island's penchant for all-things-Facebook, I doubt the overt complexities of Blockchain technology would be an easy adoption.

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    Senior Member WaltVB's Avatar
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    Quote Originally Posted by act1966 View Post
    Given the island's penchant for all-things-Facebook, I doubt the overt complexities of Blockchain technology would be an easy adoption.
    I agree. If they can pull it off it would definitely increase the islands cut of profits, but I think it's an extremely huge undertaking that may be beyond the scope of the islands resources.

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  9. #9
    Senior Member act1966's Avatar
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    Quote Originally Posted by GETA62 View Post
    They are trying hard
    https://youtu.be/zuxUC3pSX2g
    They don't actually say anything in the video about what they're doing to enable it though. Just a bunch of sound bites on how tourism is important to Aruba.

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