​🏨Blockchain In Tourism: Why? 📌The pandemic has made this question as relevant as ever. From the standpoint of the benefits the blockchain technology can offer the tourism industry, it is stability and safety that are among the highest rated ones. Decentralization means that no information will ever be lost or altered in a cyberattack, which guarantees transactions are always valid and traceable. 📌The tourism industry relies on companies sharing information between each other. For example, travel agencies have to pass the information about their clients to airline companies and hotels. Even tourists’ personal belongings are often moving between one company’s custody to another. Blockchain can make access to this important information simpler and more reliable. 📌The most important blockchain use case in the tourism and hospitality industry is contactless, cashless payments. Here the range of applications spans from a global ledger, making financial transfers simpler and safer, to a full-on payment processor, allowing tourism companies to accept Bitcoin and other crypto as payment. 💻https://modihost.io/ #AI #blockchain #token #hospitality #hotel #business #crypto #blockchaintechnology #cryptocurrency

🏨ModiHost is an innovative SaaS hotel management system facilitating easy access to AI technologies for hotels of any size or complexity. 📚Using blockchain for transparency, the system harnesses the power of AI to deliver the best possible customer experience - for hotels and their guests. ModiHost predicts customers' needs beyond their expectations. 📚AI and robotics automate routine daily hotel operations, reducing costs and freeing staff to focus on maximizing the quality of hotel services in other vital areas. 🔗https://www.youtube.com/watch?v=lDMrWJjvvrk #AI #blockchain #token #hospitality #hotel #business #crypto #blockchaintechnology #cryptocurrency

​🏨Safe Stay In Croatia 📌The Croatian government is launching a “Safe Stay In Croatia” campaign that is aimed at ensuring the highest health safety standards against COVID-19. This comes from the country’s Tourism Minister, Nikolina Brnjac, who released the announcement on Monday, says Reuters. 📌The announcement also said that the country would organise testing in tourist resorts, offering PCR and fast antigen tests as well as implement a range of prevention measures to combat coronavirus. 📌“All tourist facilities, as well as transport companies and facilities like airports, seaports, train and bus stations, can get a ‘Safe Stay in Croatia’ sticker provided they guarantee to implement the necessary health and safety measures,” Brnjac said in an interview. 🔗https://modihost.io/ #AI #blockchain #token #hospitality #hotel #business #crypto #blockchaintechnology #cryptocurrency

​🏨What Hotel Service Tokenization Offers 📚Experts believe that one of the most promising blockchain use cases in the tourism industry is hotel service tokenization. 📚Everyone who’s ever been abroad has had to exchange their currency for the local one at exorbitant rates, especially when using bank cards. Not to mention the risk of getting fleeced on every corner. To solve this problem, hotels can issue their own internal tokens that will serve as a currency for their services. 📚Crypto enthusiasts believe that hotel service tokenization will benefit both hotels (it’s always easier to spend the tokens you’ve already bought, which increases hotel revenues) and tourists — they know the exchange rate in advance and can buy hotel’s tokens risk-free, and sell the leftover tokens on a digital exchange. Tokens also open up new opportunities for providing special offers and sales during the low season. 📚With settlements moved to crypto, transaction costs will be down to almost zero. The travel market players are constantly making cross-border payments in different currencies. Payment processors and banks usually make 2-3% margin on these transfers, which ultimately ends up either on the hotel’s cost sheet or the end user’s bill. This is significant because the travel market operates on rather low margins already - from 3% to 15%. 📚It’s difficult to forecast whether or not popular hotel chains will implement a system like this, but this topic is no less relevant than the pandemic. 🔗https://modihost.io/ #AI #blockchain #token #hospitality #hotel #business #crypto #blockchaintechnology #cryptocurrency

​🏨Egypt Ramps Up Tourist Flow 📌The President of Egypt Abdel Fattah el-Sisi has warned his citizens of the looming third wave of coronavirus, stressing the importance of following the health safety measures. It’s important to remember that on 24 of January Egypt began its inoculation campaign, currently targeting health workers and vulnerable populations. 📌Resort areas of Egypt have seen few coronavirus cases since their reopening. The tourism ministry of Egypt has been handing out certificates to hotels compliant with the country’s COVID-19 health safety measures, and thus approved for reopening. In particular, hotels must operate at half capacity. Hotels must also follow a strict cleaning routine, including frequent disinfection procedures. 📌Minister of Tourism and Antiquities Khaled al-Anany said that Egypt has received more than two million tourists from over 20 countries worldwide since inbound tourism to Egypt resumed back in July 2020. “Inbound tourism to Egypt continues to rise, which is evidence of tourists' confidence in our country as a safe destination”, said the Minister. 🔗https://modihost.io/ #AI #blockchain #token #hospitality #hotel #business #crypto #blockchaintechnology #cryptocurrency

​🏨WHO Estimates Possibility Of International Tourism Recovery 📚It’s too early to talk about a full recovery of international tourism, says World Health Organization official Dr. Melita Vujnovic. In her words, the number of cases has been on the rise recently, along with high transmission rates. She has also added that some countries are facing vaccine shortages. 📚In this context, prioritizing the vaccine for travellers might lead to inadequate inoculation rates among the groups most vulnerable to COVID-19, says the WHO official. She has also called for European countries to return to more strict measures. Previously, WHO has insisted that the coronavirus is unlikely to be fully defeated in 2021, but reducing the infection, hospitalization and death rates is possible. Dr. Melita Vujnovic, who heads the WHO Office in the Russian Federation, has noted that Russia has demonstrated good progress in reducing the number of infections, especially compared with Europe, which is going through a new wave after six to seven weeks of slowdown. 🔗https://modihost.io/ #AI #blockchain #token #hospitality #hotel #business #crypto #blockchaintechnology #cryptocurrency

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​🏨On March 17 the European Commission approved COVID certificates for tourists, which will allow foreigners to travel across Europe. The certificate is supposed to become legal starting the 1 of June 2021, but until then the papers should also be approved by EU member states at the European Parliament. 📚"Today the Commission adopted a legislative proposal establishing a common framework for a Digital Green Certificate. 📚The Digital Green Certificate offers an EU-wide solution to ensure that EU citizens benefit from a harmonised digital tool to support free movement in the EU. Our key objectives are to offer an easy to use, non-discriminatory and secure tool that fully respects data protection", said an EC representative. 📚The EC claims that COVID certificates will facilitate safe free movement inside the EU, and will be available free of charge. The certificate will include a minimum set of information necessary to confirm and verify the holder’s vaccination, testing or recovery status. 💻https://modihost.io/ #AI #blockchain #token #hospitality #hotel #business #crypto #blockchaintechnology #cryptocurrency