How Blockchain Tokenization Will Transform the Travel Industry

Summary

Tokenization is a well-established concept: For 20 years, traditional applications surrounded transaction security and sensitive data storage. Blockchain technologies have now taken the concept of tokenization into a new era. This article addresses short-, medium-, and long-term possibilities for a tokenized future that would lower costs for suppliers and consumers, and present new business opportunities enabled by the tokenization of travel assets.

This article is part of a content series that explores some of the most significant technology-driven trends that will influence travel distribution in 2022 and beyond.