Suppliers can generate, store and sell their services in the form of NFTs, empowering tourism. Most people who travel internationally or buy real estate have to deal with local currencies, lack of transparency when renting or buying property, timeshares and possibly even losing money due to exorbitant exchange rates. Many of these problems will be resolved by a unified market and solution, with a blockchain-enabled ecosystem, we can also offer timeshare and NFT solutions for vacation experiences to a worldwide audience via smart contracts.
Benefits of NFTs in Travel!
NFTs can speed up the booking process by enabling customers to quickly check availability, process payments securely, and do so in a transparent manner. This can lessen the cost and difficulty of the booking procedure while also preventing fraud. By offering a safe and transparent platform for tracking and redeeming loyalty benefits. NFTs can be utilized to increase consumer loyalty. Travel agencies may benefit from repeat business and customer retention as a result.
AR/VR and smart tourism
Augmented Reality (AR) is a technology that digitally augments the reality around a user when viewed through sunglasses, phones, or other digital viewing devices. Travel, tourism, and hospitality companies can create AR-enabled, geo-positioned tours across major cities and ancient monuments.
Conclusion
Also, NFT gaming platform launched their games to gain NFTs for redeeming in hotel bills, airlines, etc. Using the underlying blockchain technology, NFTs may instantaneously convert our material and life experiences into verifiable assets that are simple to access, acquire, and sell. They serve as a mechanism for hybrid ownership and stakeholder participation.
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