Over the last two years, the advent of new technology has brought about the emergence of blockchain friendly cities and tourist destinations. Various cities and countries developed technology-based solutions to serve the common good that is effective and efficient. The two cities or rather called city-stated that are perceived as most blockchain friendly destinations are Malta (La Valetta) and Singapore. These two destinations widely adopted blockchain technologies and become a hub for blockchain enterprises and researchers. Accordingly, blockchain tourism has emerged over the past two years as a subset of tourism development. Malta adopted a highly positive and simulative environment for the blockchain based companies and attracted a significant number of business entities working with blockchain followed by capital investments, business people, researchers, and experts. The objective of this paper is to identify best practices related to Malta blockchain strategy and its relationship to the sustainable tourism development in order to identify key dimensions for the sustainable growth of this sort of the tourism while highlighting key resources and challenges.
Smart tourism destinations are created with the implementation of the Smart City concept. This concept is getting stronger because projections show that about 66% of the world population will live in an urban environment by 2050. The Smart Cities around the globe have already implemented strategies for the development of smart tourism or their implementations are in progress. The goal of this paper is to study key factors of the successful smart city technologies with a primary focus on Open data to the development of smart tourism destinations through the analysis of more than 10 smart cities that represent leaders in the smart tourism.
Initial Coin offerings represent an alternative method of fundraising for projects that do not require established reputation, working project, interaction with banks for raising capital, etc. It uses crowdfunding instead ICO's, that represents a financing model which enables everyone with internet and enough money to invest regardless of its country of residence or any other attribute. ICO essentially represents an invention that enables any startup company to fund itself without any equity obligation or commitment. These attributes allowed startup companies to gather necessary finding via crowdfunding from multiple sources around the globe. Since the funding process is usually built with blockchain network (ETH Blockchain is the predominant one) tracking of the smart contracts and contribution can allow a higher degree of insight into the funding process because it is completely transparent. Analyzing this data can provide insight into the number of participants and contributed amount. The goal of this research is to see are the ICO-s found by a large number of small investors by crowdfunding process or Venture Capital (VC) are predominant investors and what is the exact ratio of small investors compared to large capital institutions and investors. The primary data source is Etherscan (www.etherscan.io). The goal of this paper is to make an overview of ICO financing and starting point for further trend tracking. These results will aid the researchers and startups doing the ICO's to prepare the investment and marketing strategy for their projects in order to gather their funding in a more efficient manner.
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