The Role of Blockchain in Virtual Tourism Transactions

This chapter explored how blockchain technology can transform virtual tourism by ensuring secure, transparent transactions for VR/AR experiences, virtual museums, and interactive destinations. Blockchain enables verifiable ownership of digital souvenirs, customizable avatars, and virtual land, fostering vibrant in-world economies through secure virtual currencies and seamless in-experience purchases. Tourists can benefit from enhanced security, reduced transaction fees, and increased control over their virtual assets, while businesses can enjoy streamlined operations, lower costs, and new revenue streams. Despite challenges like scalability, user education, and regulatory uncertainty, advancements in blockchain and supportive policies can unlock the full potential of virtual tourism, creating immersive and trustworthy experiences for users