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Prospects for the Impact of Blockchain on the Innovation and Development of the Tourism Industry

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Exploration of Novel Intelligent Optimization Algorithms (ISICA 2021)

Part of the book series: Communications in Computer and Information Science ((CCIS,volume 1590))

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Abstract

Blockchain technology has been initially used in the development of tourism. Based on the core characteristics of blockchain technology, summarizing its application status in the tourism industry, analysis found that this technology has made certain progress in smart tourism construction, encrypted currency payment and accommodation industry management. Combined with domestic and foreign literature studies, it is found that the main driving force for the application of tourism blockchain technology comes from the practical demand for innovation and development within the tourism industry; at the same time, it is also found that the main obstacles to the promotion of blockchain technology involve technology scalability, legal and regulatory and Safety hazards and other aspects. With the development of the sharing economy, the application of blockchain technology in tourism industry management, information management, corporate financial management, tourism sharing economy system construction, supply chain management, credit management and customer loyalty management will reshape the traditional tourism business model. Therefore, it is recommended to strengthen the training of tourism blockchain technology talents and innovative team building, introduce corresponding regulatory systems and laws and regulations, implement classified supervision on the application of tourism blockchain technology, and actively guide tourism companies to reshape their organizational structure and culture to enhance tourists Experience quality, conform to diversified tourism consumption needs, and actively respond to technological changes in the era of intelligent interconnection.

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Acknowledgements

The research work was supported by Natural Science Foundation of Guangdong Province of China. Item Number: No. 2020A1515010784.

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Authors and Affiliations

  1. Guangdong University of Science and Technology, Dongguan, 523083, Guangdong, People’s Republic of China

    Ding Li, Hongyuan Wang, Yueyue Zheng & Kangshun Li

  2. School of Mathematics and Information, South China Agricultural University, Room 632, Guangzhou, People’s Republic of China

    Kangshun Li

Authors
  1. Ding Li
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  2. Hongyuan Wang
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  3. Yueyue Zheng
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  4. Kangshun Li
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Corresponding author

Correspondence to Ding Li .

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Editors and Affiliations

  1. South China Agricultural University, Guangzhou, China

    Kangshun Li

  2. The University of Aizu, Aizu-Wakamatsu, Japan

    Yong Liu

  3. South China Agricultural University, Guangzhou, China

    Wenxiang Wang

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Li, D., Wang, H., Zheng, Y., Li, K. (2022). Prospects for the Impact of Blockchain on the Innovation and Development of the Tourism Industry. In: Li, K., Liu, Y., Wang, W. (eds) Exploration of Novel Intelligent Optimization Algorithms. ISICA 2021. Communications in Computer and Information Science, vol 1590. Springer, Singapore. https://doi.org/10.1007/978-981-19-4109-2_45

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  • DOI: https://doi.org/10.1007/978-981-19-4109-2_45

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  • Publisher Name: Springer, Singapore

  • Print ISBN: 978-981-19-4108-5

  • Online ISBN: 978-981-19-4109-2

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