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Blockchain Technology

Developments in blockchain technology applications for the Hospitality industry.

Next wave of hotel tech puts guest needs, control first

By Robert A. Rauch, CHA

Hotel technology will continue to be led by mobile, digital room keys and in-room entertainment, but another emerging technology is blockchain.A continuously growing list of records, which are linked and secured using cryptography, a blockchain is resistant to modification and is an open, distributed ledger that can record transactions such as membership loyalty programs.

Is the Crypto-Luxury Market Worth the Risk?

The growth of cryptocurrencies as an asset class has helped create a new type of wealthy individual. The so-called crypto-affluents are becoming more attractive to luxury brands and retailers which are experimenting with accepting ...

Blockchain for Hospitality!

With the advent of Bitcoin, blockchain technology has become a term that most of you have heard of. Apart from the surprising revenue earning scheme that Bitcoin turned out to be, its utility is far deeper. Yes, it eradicates ...