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Understanding the Dynamics of Blockchain Technology and Its Impact on Environmental Sustainability in the Hospitality Industry
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Author(s): Sunita Jatav (School Of Business, MIT World Peace University, Pune, India), Rupali Gupta (School of Business, MIT World Peace University, Pune, India)and Vijeta Singh (Ramcharan School of Leadership, MIT World Peace University, Pune, India)
Copyright: 2024
Pages: 12
Source title:
Implementing Sustainable Development Goals in the Service Sector
Source Author(s)/Editor(s): Vipin Nadda (University of Sunderland, UK), Pankaj Kumar Tyagi (Chandigarh University, India), Rubina Moniz Vieira (St. Mary's University, London, UK)and Priyanka Tyagi (Chandigarh University, India)
DOI: 10.4018/979-8-3693-2065-5.ch009
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Abstract
This research examines the possible contributions that blockchain technology could make to overcoming a variety of obstacles and accomplishing the objectives of sustainable tourism. Blockchain technology shows promise for the development of sustainable tourism that is aligned with the Sustainable Development Goals (SDGs). Blockchain technology has the potential to disrupt existing tourism operations, boost local economies, manage food supply chains, reduce food waste, improve tourists' satisfaction, influence sustainable behaviour, and address awareness-related concerns. In addition, this study makes suggestions for new lines of research that could be pursued in order to investigate the full potential of blockchain technology as it relates to sustainable tourism. This study covered Indian and International Cases of Multinational and Indian Companies with challenges and opportunities.
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