Blockchain technology has promised to revolutionize many aspects of our daily lives, including the way we travel. Here we take a look at what it is and what impact it could have on the travel industry.
Blockchain technology and tourismIn recent years, the emergence of blockchain has generated a great stir in different sectors due to its potential to drastically change the way data or information is stored and used. This technology promises to improve transparency and security in transactions. For this reason, the tourism industry has begun to experiment with it and there are certain developments that are very interesting. Below we will see in detail what applications blockchain can have in tourism .
But first of all, what is blockchain?
Blockchain is a technology that publicly stores all transactions bulgaria phone number data that occur on a given network. Its main objective is to achieve greater security on the web, allowing information to be stored in a way that cannot be lost, modified or deleted .
The records are encrypted and grouped into blocks that form a chain, hence the name blockchain .
The main characteristic of blockchain technology is that the data is decentralized ; that is, it is distributed across the different nodes or computers that make up the network and each of them has a copy of all the information collected. Each time a block or record is added, it has to be confirmed by all members and is included in the copy that each one stores. In this way, it is prevented that the information can be altered or modified. Thus, the data stored in the blockchain network is secure, traceable, immutable and transparent.
This video explains in a simple way how blockchain works :
But why is blockchain technology so secure ? In most cases, we use a centralized model. That is, all our information on the web is hosted on the same site, such as Google, Facebook or Whatsapp. Thanks to blockchain , this information is decentralized and everything is recorded on different nodes in the network, which allows us to guarantee the authenticity of the data in a much more reliable way.