Future tourism trends: Utilizing non-fungible tokens to aid wildlife conservation.
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ID: 68770
2018
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Abstract
The era of transformation powered by digitization, improvements in information and communication technology, machine learning, robotics and artificial intelligence is upon us. Today, we are able to solve complex problems with the aid of technology. That notwithstanding, animal populations globally are under threat, with the extinction of species taking place at a far accelerated pace than can be reversed, thus making wildlife conservation a critical issue of our time. Along with wildlife extinction currently underway, there remains a chronic financial shortage for wildlife conservation and the funding shortfall is expanding annually. This research contends that blockchain, the technology underpinning
cryptocurrencies such as Bitcoin can be utilized as a catalyst by the development of cryptowildlife nonfungible tokens (NFTs), which are provably scarce, unique and programmable digital wildlife collectible assets. These could be used to finance wildlife conservation as a supplementary source of revenue.
| Reference Key |
mofokeng2018futureafrican
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|---|---|
| Authors | Mofokeng, Nyane Ezekiel Macdonald;Matima, Thapeli Kenny; |
| Journal | african journal of hospitality, tourism and leisure |
| Year | 2018 |
| DOI |
DOI not found
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| URL | |
| Keywords |
chemistry
Biology (General)
Engineering (General). Civil engineering (General)
Technology
physics
environmental sciences
neurology. diseases of the nervous system
business
economics as a science
electronic computers. computer science
hospitality industry. hotels, clubs, restaurants, etc. food service
|
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