bitcoin
Blockchain and Real Estate: Don’t Let Bitcoin Blind You to the Usefulness of Blockchain
Savills Vietnam | September 6, 2018
Bitcoin and crypocurrencies may not interest you, but the underlying blockchain technology should. Imagine that, early this year, you sold a property for $10m and opted to take payment in Bitcoin. Perhaps your $10m of Bitcoin was transferred to you on January 6, when a Bitcoin was worth $17,135.84. If you didn't use those funds by, say, the next Tuesday, your store of Bitcoin would have fallen in value by 16%. If you waited another week to spend those coins, you would find they'd plummeted 55% in value. Of course, had the sale taken place exactly a year earlier, you could have watched your $10m of Bitcoin turn into more than $200m by t...
How the Blockchain Will Change the World of Hotel Distribution
Harvey Norman | February 26, 2018
By Harvey Norman Lowering costs is one of the biggest challenges that face the hospitality industry while considering opportunities for maximizing revenues. Hotel managers need to think of innovative ways to cut down on costs without affecting the quality of their services. Adopting the blockchain platform as a means of distribution is expected to lower the costs hotels endure directly and indirectly. But switching from the current system and traditional distribution channels is another challenge that lies ahead of hotel managers and their marketing teams. The Cost of Blockchain: As hoteliers consider the benefits of switching their dis...
