Crystal Bay cooperates with Beowulf Blockchain to turn hotel accommodation bet88 net tourism into an online liquid investment product

The Crystal Bay Group, which has more than 20 years of strength in the tourism industry, bet88 net Beowulf Blockchain (Beowulf), a decentralized cloud communications bet88 net data networking company, have announced a partnership to build an NFT online trading platform for hotel stays bet88 net related travel products.

Irreplaceable tokens called NFTs (Non-Fungible Tokens) are tokens issued on the blockchain, similar to a cryptocurrency. However, while cryptocurrencies are identical bet88 net interchangeable, these NFT tokens are instead unique tokens, with a separate digital signature for each code bet88 net are irreplaceable. Hence, NFT is used as a digital asset token to represent a single real-world or digital asset, verified, stored on the blockchain, bet88 net buyable.

The partnership will introduce NFT tokens for each night at a hotel, Airbnb rental dates, bet88 net related travel products. The NFT tokens will be posted bet88 net traded on the NFT exchange. Bookings at a hotel or on Airbnb as well as travel services that cannot be used for any reason can be sold or redeemed on the NFT exchange to recover costs or even to make a profit.

Travel companies or retail investors can also book hotel rooms in advance at cheap prices, reselling them to people who wish to make a profit. This flexible transaction is connected to the loyalty program on Beowulf’s boyoty.com bet88 net defiato.com, which will bring use-value bet88 net investment value to global travelers.

NFTs are being used in digital content, with music, art, bet88 net painting. They empower a creators’ economy, where creators don’t transfer ownership of their content to the platform they use to make that content public. When creators or owners sell their content, the money will go directly to them.

Dr. William H. Nguyen, Founder of Beowulf, said that with expertise in blockchain technology, decentralized cloud infrastructure for data bet88 net communications services as well as a complete ecosystem that includes the digital asset exchange DeFiato, Beowulf can quickly deploy the NFT exchange to Crystal Bay’s customers, which will also help Crystal Bay expand its global market.

Mr. Nguyen Tien Trung, General Director of Crystal Bay, said that having a large influx of visitors bet88 net understanding their needs, Crystal Bay is pioneering the trend of travel bet88 net online consumption in the “new normal”. “Partnering with Beowulf helps Crystal Bay provide the right technological architecture, with the right expertise to serve visitors in better bet88 net smarter ways,” he added. “The Crystal Bay trading platform built with Beowulf effectively manages bookings while bringing more value to customers on a transparent online trading platform, with speed bet88 net currency flexibility.”

Crystal Bay is a tourism investment bet88 net development group, developing on three pillars: International bet88 net domestic travel tourism; Asset exploitation bet88 net healthcare management under an all-inclusive model; bet88 net Investment in the tourism real estate ecosystem associated with a variety of types of entertainment bet88 net experience. Positioning itself on a different development path, Crystal Bay bet88 net its partners create many “All-in-one” entertainment bet88 net resort complexes, contributing to promoting high-end tourism development in many localities, like Khanh Hoa, Ninh Thuan, Quang Ninh, bet88 net Binh Thuan.

With more than 15,000 5-star hotel rooms bet88 net entertainment services, Crystal Bay pioneers a new approach to global travelers bet88 net a traditional travel service system.

In the context of the constantly changing Covid-19 pandemic, more bet88 net more individuals bet88 net organizations are entering the NFT market every day. Along with changing the behavior of global consumers, the cooperation between Crystal Bay bet88 net Beowulf will soon create a digital tourism product exchange with strong appeal, promoting the development of the domestic bet88 net international tourism industry, bringing many convenient utilities in consumption bet88 net more savings for visitors in shopping, bet88 net smart investments.