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Why the luxury tourism industry is latching onto blockchain technology
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cnbctv18.comWith the number of global crypto-millionaires increasing to more than 100,000 in 2021, there is a sizeable interest displayed by this ever-growing community in using their crypto gains to indulge in new experiences.The travel and tourism industry stands to benefit from this growing class of investors.
These investors want to fulfil their travelling desires with services enabled by using popular cryptocurrencies as tender.With millennials representing over 50 percent of the global luxury market and 58 percent of the crypto investor community by volume, brands in the luxury tourism market are increasingly adopting and using blockchain technology.Blockchain can enable tourism-focused companies to facilitate crypto transactions, create
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