Dubai opens blockchain-based market for the tourism sector

Dubai opens a blockchain-based market place for the tourism sector. The news was made by the local news bulletin Arabian business.

It is reported to be a touristic market place from virtual Commerce to businesses using Blockchain technology to be 10 years ahead of other world cities of Dubai.

Within the next two years, Blockchain will connect all tourism organizations participating in “trip planning”.

He also plans to make his guest records transparent and add “real-time” pricing and the opportunity to choose from Dubai's tourist inventory.

Dubai brings a new breath to the tourism sector

Dubai Tourism Ministry press release describes this new tourist initiative:

We want to provide wider access to global consumers. We plan to open the domestic travel industry to new participants and innovative new initiatives to get more and faster visitors to Dubai.

According to Arabian business, the tourism Blockchain market place initiative will provide equal opportunities for small enterprises to attract tourists and increase employment.

Tourism General Manager Halal Saeed Almarri said the Dubai 10x project will transform a series of innovative ideas into a reality and launch a new phase of development for government services.

Arabian business said that Dubai will continue to communicate with government inspectors while implementing a new initiative on tourism.

At the end of February 2018, Dubai's roads and Transportation authority (RTA) announced its own plan for a Blockchain-based system to track The life cycle of a vehicle in 2020. It was also part of the Dubai 10x initiative.

Dubai hopes to become the first Blockchain-government by 2020, while Dubai and the United Arab Emirates (UAE) launched regulatory alerts in the fall of last year on the risks associated with Crypto currency units and ICO.

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