BALI: Crypto community love beaches and vibes

3 min readAug 12, 2021

Bali, Indonesia’s resort island, has topped TripAdvisor’s best vacation list. It is known for its volcanic highlands, coral reefs, and renowned beaches. Bali has been one of the most popular holiday destinations for many years. The Indonesian island has been regarded as a popular destination for both explorers and those looking for a relaxing vacation. The island is now ready to welcome the Crypto community.

Travel and tourism had been one of the most important sectors in the global economy before the outbreak of COVID-19 and generated 10% of global GDP and more than 320 million jobs globally.

The pandemic has had a disproportionate impact on contact-intensive businesses, which are critical to the tourist and travel industries, and they will continue to struggle until people feel comfortable enough to travel in large groups again.

With the ongoing vaccination drives and dramatic decrease in the covid-19 spread, the world is ready to function again, so is Bali. The Land of the Gods is set to welcome tourists again, well this time Bali is waiting for you!

Cryptocurrency community….who doesn’t like the beach and the vibes of salty sea! We all do and we welcome the change!

The beauty of Bali has been out of reach for a long time, and people have been missing it. The dream of a tropical paradise on the Island of the Gods is more appealing than ever, with the sun touching your skin on the beaches, a nice wind blowing through your hair, and sitting in a magnificent resort sipping mocktails. You can now breathe a sigh of relief since Bali is undergoing an exorcism.

A gradual relaxation of regulations will benefit the travel industry by removing required restrictions on tourism operations and facilitating intra-country travel. The travel business, on the other hand, is far from being fully digitalized and still lagging in the race to a digital and sustainable future.

The travel and tourist business is dominated by monopolies, despite being one of the largest industries in the world. Well, that’s quite obvious in the world of trip booking services. Expedia, Booking.com, and Airbnb have become the most popular places to look for travel booking, however, they all have fees and charges, and the vendor costs a consumer for payment processing. Payments and settlements in the travel business are still difficult and time-consuming, despite automation. The travel business faces operational issues due to a complex distribution structure, frequent cancellations and refunds, and disconnected customer touchpoints.

Blockchain, or distributed ledger technology, can provide the seamless integration, agility, and speed that the travel industry requires.

Bali Social Integrated: At the forefront of decentralization

Bali Social Integrated is a first-of-its-kind blockchain project that aims to improve the worldwide tourism business by using the cross-chain capabilities of blockchain technology to link global passengers with the appropriate service providers directly.

Bali Social Integrated offers a blockchain-powered travel platform that provides:

Remove Transactional and Operational Costs
Improve Customer Experience
Transparent Business Ratings
Removing Unnecessary Intermediaries

Bali Social Integrated aims to radically transform the global tourism market by providing a platform that offers a one-of-a-kind and delightful client experiences with lower transactional and operational costs by applying blockchain technology to eliminate intermediaries and bringing transparency.

BALI: Crypto community love beaches and vibes

Written by Bali Social Integrated