Cryptocurrencies and their applications for the tourist trade

Authors

  • Eduardo Souza UEPG
  • Mirna de Lima Medeiros UEPG

DOI:

https://doi.org/10.29149/mtr.v5i1.5877

Keywords:

Cryptocurrencies, Tourism, Bitcoin

Abstract

Cryptocurrencies emerge as a different way of making payments, especially online. Cryptocurrencies are a virtual currency model whose main features are decentralization and anonymity of its users. The present work sought to relate cryptocurrencies with the tourism sector, based on a bibliographic survey to understand what cryptocurrencies are and how they work, followed by an analysis of 255 news found in business news websites discussing cryptocurrencies and their market applications. Thus, it was found that the five most used cryptocurrencies for selling tourist services are Bitcoin, Litecoin, Bitcoin Cash, Ethereum and DASH. Some features of these cryptocurrencies such as their price and transaction fee were addressed in the research to better understand how they could be implemented in the tourism industry. We conclude that cryptocurrencies are a different way of making transactions that can bring convenience and at the same time risks to tourists.

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Published

2020-06-10

How to Cite

Souza, E., & de Lima Medeiros, M. (2020). Cryptocurrencies and their applications for the tourist trade . Marketing & Tourism Review, 5(1). https://doi.org/10.29149/mtr.v5i1.5877

Issue

Vol. 5 No. 1 (2020): v.5, n.1, 2020 janeiro-julho

Section

Artigos

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Copyright (c) 2020 Mirna de Lima Medeiros, Eduardo Souza

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