DBT (Digital business travel), a tourism ecosystem based on blockchain technology launched by the Digital Business Travel Foundation of Singapore, DBT connects blockchain technology to tourism, aviation, and hotel industries , insurance, finance, ticket booking, car rental, cruise, train booking and other physical landing application scenarios, taking the tourism industry as the starting point to form a benign tourism ecology among scenic spots, travel service providers, consumers and third-party service providers Close the loop, make DBT a high-quality digital asset with circulation value, and open a new era of digital tourism.
The new decentralized payment function is open in multiple directions. Consumers can use smart contracts in DBT's tourism ecosystem to operate cross-border payments flexibly, safely, and efficiently with zero fees. Intermediary fees, handling fees, and tax refunds are difficult, etc. Many inconveniences will be a thing of the past.
Store the transaction evaluation information of consumers and service providers on the blockchain. All transactions, comments, ratings, and rating data cannot be tampered with, cannot be destroyed, and can be traced back. Ecological roles have clear identity authentication to ensure The information in the entire system is fair and transparent, effectively solving the core pain points of the industry, and establishing a new travel ecology that is decentralized, efficient, transparent, credible, and self-driven.