As you know the entire pandemic scenario was particularly negative for the hotel sector, rooms remained unused for an extended period of time, and many hotels folded and went bankrupt. The hospitality and travel industries, despite being two of the fastest-growing in the world, were negatively affected by the economic restrictions induced by COVID-19, which are now gradually fading away.
Notably, blockchain has played a vital role across several industries since COVID-19’s arrival, providing alternative, sustainable solutions where there previously were none, or where the systems being employed were outdated, for lack of a better word.
By using blockchain technology to facilitate fair and competitive travel distribution, Winding Tree is working to create an integrated solution for B2B buyers and sellers, like hotels and travel agencies.
Inspired by this type of news, I discovered a fantastic project called Last Hopium, which provided me with solutions to my problems and would enable me to remain in expensive hotels and enjoy numerous hotel services thanks to tokenization and NFTs.
There are more and more hotels and restaurants that find crypto and NFTs as a solution for their business.
Do you think this is a good solution and what do you think are the pros and cons of it?