Some of the initiatives related to the use of blockchain for traveling failed to materialize, with some cases proving that the majority of decentralized travel projects had nothing to do with the real application of blockchain in tourism. For example, the startup Beenest promised to build a middleman-free, decentralized network of hosts and guests during an initial coin offering. The project appears to have been abandoned, according to comments left by users on the project’s official subreddit.
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Source: Cryptocurrency - investing.com