Stability and security are two of the most important benefits that blockchain technology can provide to the hotel and tourism industries. Because of the blockchain’s decentralized nature, data can never go “down” or be lost due to human error or a hostile cyber-attack, ensuring that transactions are always traceable.

Different companies share information amongst one another in the hotel and tourism industry. Travel agencies, for example, must provide client information to airlines and hotels, and tourists’ personal possessions are frequently transmitted between organizations and tracked. Because the responsibility for preserving essential data is shared across the whole network, blockchain can make accessing and storing it easier and more dependable.