TravelNews

[Travel News]: China using blockchain power to boost post-Covid 19 tourism

TheTourAttraction.com aims to provide the latest global travel and free travel news, travel and visa policies, and flight information. We hope to provide insights into tourism market, technology and development trends with everyone by providing the latest relevant information. Despite the raging COVID-19 epidemic in 2020, we always firmly believe that mankind will overcome the disease and the tourism market will definitely recover. TheTourAttraction.com look forward to your attention and support, and witness the development of the global tourism industry with us. Looking forward to the information TheTourAttraction.com provide can help you. We will continue to follow up and obtain the latest data, and look forward to your attention and support.

The following is the [Travel News]: China using blockchain power to boost post-Covid 19 tourism from [Cryptonews] recommended by TheTourAttraction.com:

The new solution, allows travelers to share their health code information in less than two minutes.

The Chinese island province of Hainan wants to use a blockchain technology-powered “points” program to boost tourism to the region. The project will operate alongside a recent project that will see Hainan create the nation’s first blockchain free trade zone.

Per the Economic Information Daily, authorities in Hainan said that they are hoping to boost tourism in the wake of the coronavirus pandemic, and want to allow travelers to the popular destination to use a single, unified blockchain platform for a wide range of activities.

The province was last year selected to operate a USD 142m-backed blockchain sandbox-like project that will nurture blockchain companies working in the financial sector.

Earlier this month, the Bank of China, a large, state-owned commercial bank, said that its blockchain-powered, cross-border trade financing platform in the port had already handled some 60 foreign exchange trade deals for seven companies based in the zone.

Meanwhile, IT Time has reported that health authorities have green-lighted the use of a blockchain solution that allows travelers between Guangdong and Macao to share health information in real-time – providing a tourism boost for both areas.

The new solution, allows travelers to share their health code information in less than two minutes. It was created by Tencent’s neobank subsidiary WeBank.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button