Yugra, a province in the North West Russia, launch a blockchain-enabled tourism platform. The Regional Development Fund commissioned the Universa Blockchain to launch the platform.
The goal is to connect all participants in the tourism ecosystem, suppliers of tourist products and services, transportation, accommodation and catering operators, investors and tourists. The system will also enable tracking public spending and investment to ensure transparency.
The global travel industry is embracing the opportunities that distributed ledger technologies provide: univeral IDs to travellers to ensure seamless passport controls, real time luggage tracking, as well as counteracting fake online bookings for hotels and double booking on planes.
The Chief Editor of Digital Asset Live has recently authored an article on the use of blockchain in tourism for a major Russian travel monthly magazine.