Bridging Retail and Travel Industries to the Blockchain

1. Bridging Retail and Travel Industries to the Blockchain Experts predict that the blockchain market will grow around $20 billion USD every year and continue to do so until the end of 2024. Blockchains were initially used to secure transactions, but are now expanding rapidly into areas such as decentralized finance (DeFi), healthcare, telecommunications, transport and retail. https://fortunly.com/statistics/blockchain-statistics/#gref phoenix.global

2. Enterprises and smaller businesses will naturally look at how they can employ the blockchain to their advantage. Currently, multiple blockchain ecosystems are starting to focus on next-generation consumer applications. One such ecosystem is Phoenix Global. https://phoenix.global/ Better customer experience Blockchain can track passenger’s luggage as the data of each transaction is available at every node, solving a big issue with international travel. This tamper-proof blockchain system proves the traveler’s identity more easily, preventing travel delays and lowering transaction costs. https://www.researchgate.net/publication/339240931_Block- chain_in_the_Tourism_Industry-A_Review_of_the_Situation_in_Croati a_and_Macedonia phoenix.global

3. Phoenix Global enhances the privacy of customer data by integrating blockchain with the AI technique of Federated Learning. Since blockchain is a decentralized system, there is no intermediary between the transacting parties and therefore, no fees by a 3rd party. https://phoenixglobal.medium.com/phoenix-global-q2-development-update-854f96c8412 Better customer experience Blockchain allows for secure, fast, and hassle-free payments across borders. Phoenix Oracle adeptly links consumer applications with external data centers and the network. Phoenix Global’s native token PHB runs on the Binance Smart Chain (BSC). https://www.binance.org/en/smartChain https://www.coingecko.com/en/coins/phoenix-global phoenix.global

4. PHB currently has a market cap of $22 million USD, with a limited supply of around $3.3 million USD and an annual inflation rate of 10%. With strong use cases and plans for future token burns, the PHB token has the potential to appreciate in value. https://phoenixglobal.medium.com/phoenix-global-blockchain-enterprise-pilots-frst-wave-announced-96a3b0fce451 Better customer experience Businesses can create customer reward programs based on crypto tokens, which will help the retail industry thrive. Customers can receive a commission depending on the volume of cryptocurrency they trade on the retail DApp. The tourism industry can also innovate blockchain-based loyalty programs with the Phoenix Global platform. phoenix.global

5. Travel and Retail DApps Pilot on the Phoenix Global platform https://phoenixglobal.medium.com/phoenix-global-blockchain-enterprise-pilots-fir st-wave-announced-96a3b0fce451 Spring Airlines (a popular, low-cost Chinese carrier) Spring Airlines had a pilot that could reward points, cross-industry upsell, and allow federated learning on the Phoenix Global platform. Because it was a success, the system proved to be of economic value. Shanghai Big Data Exchange (a leading B2B and B2G marketplace) The Phoenix Global platform tested cross-enterprise federated learning in this pilot program, where Shanghai Big Data Exchange received 3 out of 5. Federate Learning are among the most requested use cases that Phoenix Global has encountered. phoenix.global

6. Conclusion Blockchain technology offers travel and retail industries secure and easy global payment system, faster and cheaper transactions, and newer reward programs. Currently, the Phoenix Global blockchain is undergoing beta testing, highlighting its functionality for the travel and retail industries. phoenix.global

7. BLOCKCHAIN POWERING THE NEXT GENERATION OF CONSUMER APPLICATIONS More Private.More Interactive.More Connected. twitter.com/Phoenix_Chain phoenix.global t.me/APEXcommunity github.com/phoenixglobal phoenixglobal.medium.com www.reddit.com/r/PhoenixGlobal