Now that we are firmly in the “crypto winter,” it’s time for a sobering moment on all the promised innovations for hospitality in the blockchain, web3, metaverse and non-fungible tokens (NFTs). While we’re both big proponents of this space as we see lots of lucrative opportunities for hotels around the world, these use cases cannot be too far-fetched or inconvenient to all stakeholders, lest they fall flat.
This article is not intended as an introductory course to web3, but know that, for all inventions throughout human history, the innovations that increase convenience will eventually become king. This convenience can be on the customer side like Apply Pay or Google Pay currently working to eliminate the need to carry a physical billfold. It can also occur for internal stakeholders, like all the automation tools being implemented behind the scenes at hotels to reduce the amount of repetitive work.
With many of the proposed applications for blockchain technologies, it’s a good thing...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...