TUI Tourism Group Will Adopt Ethereum Blockchain Technology

in #blockchain7 years ago

Will there ever be an end to Blockchain Technology?
TUI-Travel-Group-Will-Scrap-Its-Servers-For-Blockchain-navv3j601j1r7zhr7gtkzjybqibuj816rrq55ivqcq.png
TUI Group, a German multinational travel agency, and the largest leisure, travel and tourism company in the world, is adopting blockchain technology into its booking, reservation, and payment systems. In the past, TUI lost ground to competitors by not adapting quickly enough to the internet. Because of this, lucrative business was forfeited to companies like Expedia, Trivago, and Booking.com.
In an effort to regain this business and catch up with the current trends in travel, TUI has turned on the turbo thrusters and sped ahead of the rest to become the first company to adopt blockchain in the tourism industry.

Read more @ https://btcmanager.com/tui-tourism-group-to-adopt-ethereums-blockchain/

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Well, seems like they're making a big mistake again by selecting Ethereum. As of right now the Ethereum platform has architectural and technological setbacks which it has yet to overcome. If they can overcome...

A single DAPP brought it to its knees. Other blockchain companies are starting to avoid Ethereum as well: https://steemit.com/cryptocurrency/@valderrama/wagerr-did-not-choose-ethereum-for-withdrawal-of-tokens

Who knows, Ethereum setbacks may be blessings in disguise!

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