Blockchain
Global Tourism Forum Continues to Showcase Latest Innovations in Travel Technology at Its Second Annual Blockchain for Travel Summit – Dubai
Dubai, United Arab Emirates–(Newsfile Corp. – April 12, 2023) – Global Tourism Forum’s Blockchain for Travel Summit – Dubai, will be organized for the 2nd time by the World Tourism Forum Institute and TourismX, will take place on November 2nd, 2023 at the Rixos Premium Dubai JBR.
The event aims to bring together politicians and industry leaders, entrepreneurs, and experts in the field of travel technology to discuss the latest trends and developments in blockchain, and how it can revolutionize the travel industry.
With over 300 attendees expected, the Global Tourism Forum Blockchain for Travel Summit – Dubai will feature keynote speeches, panel discussions, and workshops on topics such as blockchain use cases in the tourism industry, digital identity and security, and sustainability.
“We are thrilled to host the 2nd Blockchain for Travel Summit – Dubai and showcase the latest innovations in travel technology,” said WTFI’s press bureau. “Dubai has always been at the forefront of innovation and we are confident that this event will provide a platform for meaningful discussions and collaborations among industry experts.”
Bulut BAĞCI – President of World Tourism Forum Institute / François Hollande – President of France (2012- 2017)
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In addition to the conference sessions, the event will also feature an exhibition area where companies and start-ups can showcase their blockchain-based solutions for the travel industry.
“We are excited to bring together the best and brightest minds in the travel technology space to explore how blockchain can be used to improve the travel experience for consumers and businesses alike,” said the press bureau of WTFI. “We believe that blockchain has the potential to transform the entire travel industry and we look forward to sharing our insights and ideas with the attendees at the Blockchain for Travel Summit – Dubai.”
The first Blockchain for Travel Summit – Dubai was held last year and it was a milestone for the tourism industry which is evolving through new technological developments. The list of speakers was included high-profile names from politics, tourism and blockchain areas such as,
Former President of France Francois Hollande, Special Advisor for SG UNWTO Anita Mendiratta, CEO of WTFI Sumaira Isaacs, SG of WTFI Taleb Rifai, Regional Director of World Bank Kaiser Naseem, Chairman of European Blockchain Association Dr. Michael Gebert, CEO of LBank Allen Wei, Managing Director MEA & Southwest Asia IHG Hotels & Resorts Haitam Mattar, Members of the European Parliament Ismail Ertug and José Ramón Bauzà.
For more information about the Global Tourism Forum Blockchain for Travel Summit 2023 – Dubai, please visit: www.globaltourismforum.org
About World Tourism Forum Institute:
In collaboration with destinations, the World Tourism Forum Institute is reshaping economies through tourism development. To reach this goal WTFI works with countries that have untold tourism stories to share, as well as countries with already established tourism industries that are seeking to drive the narrative about their current and future success. WTF’s aim is to reduce the negative impact of tourism, by increasing the more positive impact of sustainable development goals in tourism globally. As the leading international tourism development and investment brand, the World Tourism Forum Institute, is a London, UK-based organization, committed to promoting countries in the fields of tourism development, economic growth, FDI through tourism investments, and human resource development within the industry. The World Tourism Forum Institute creates a legacy for destinations, by way of carefully selected and tailor-made initiatives aiming to promote the destinations’ image internationally, create greater visibility and determine the industry’s objectives through soft power. These experiences – from Global Tourism Forum conferences, WTFI’s masterclasses, and international media promotions – are designed to strengthen the nation’s brand abroad, as well as highlight the importance of the tourism sector in the economic landscape.
About TourismX:
TourismX Project is a revolutionary idea for the rapidly growing global Tourism Industry.
TourismX Project is supported by the renowned World Tourism Forum Institute and World Tourism Fund & Investment Holding with global vision partners from all around the world.
TourismX Project will generate funds through TRMX Token and then will invest these funds into carefully selected promising Tourism projects across the globe. Once these projects become in total, a part of the profit (up to 50%) will be used to buy back TRMX Tokens from the market to be locked in Treasury, decreasing the number of tokens in circulation.
Contact:
Hanni Tran
[email protected]
+44 20 3289 0252
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/162135
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Blocks & Headlines: Today in Blockchain – May 22, 2025

The blockchain universe never sleeps. From pioneering cross-border payment systems in Central America to city-wide crypto strategies in New York City, today’s headlines reveal an industry maturing at breakneck speed. In this edition of Blocks & Headlines, we explore five landmark developments:
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Guatemala’s Banco Industrial integrates blockchain for seamless cross-border remittances.
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NYC Mayor’s Office unveils a comprehensive crypto and blockchain roadmap.
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OSR Holdings, BCM Europe & Taekwondo Cooperative sign an MOU to launch the OSRH token.
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Bybit’s “Chicken Trader” livestream—crypto meets poultry in the world’s first poultry-powered trading showdown.
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FIFA taps Avalanche to build a dedicated blockchain for its NFT platform.
These stories underscore three key trends reshaping the ecosystem:
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Institutional Adoption & Regulation: From national banks to municipal governments, legacy institutions are embracing decentralized technologies.
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Tokenization & Community Engagement: Strategic partnerships are launching specialized tokens that bridge niche communities with global markets.
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Innovative Use Cases: Whether gaming, entertainment, or live-stream events, blockchain’s versatility spawns ever-more creative applications.
Join us as we unpack the implications, weigh the opportunities, and forecast where these trajectories might lead.
1. Guatemala’s Largest Bank Integrates Blockchain for Cross-Border Payments
What Happened
Guatemala’s Banco Industrial, the country’s biggest financial institution, announced the deployment of a private‐permissioned blockchain network to streamline remittances from the U.S. into Guatemala City and beyond. The solution reduces settlement times from days to minutes, cuts fees by up to 60 %, and offers real-time traceability for senders and receivers.
Source: Cointelegraph
Analysis & Commentary
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Financial Inclusion Boost: Remittances account for over 12 % of Guatemala’s GDP. By minimizing friction and cost, blockchain integration will extend financial services to remote communities reliant on diaspora funds.
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Risk & Compliance: Permissioned networks allow Banco Industrial to retain AML/KYC controls, mitigating concerns around illicit flows. This hybrid approach demonstrates that enterprise blockchain can balance decentralization with regulatory rigor.
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Regional Ripple Effects: Neighboring Central American banks are watching closely. Should Guatemala’s pilot succeed, we can expect a domino effect across El Salvador, Honduras, and Costa Rica—each seeking to capitalize on faster, cheaper cross-border rails.
Implications
Legacy banks worldwide should view this as a blueprint: private blockchains can coexist with existing compliance frameworks while delivering transformative user benefits. Early movers will capture remittance market share and cultivate fintech partnerships across the Latin American corridor.
2. NYC Mayor Unveils Ambitious Crypto & Blockchain Agenda
What Happened
New York City Mayor Eric Adams detailed his administration’s multi-pronged strategy to make NYC a global crypto hub. Key initiatives include:
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A regulatory sandbox for crypto startups to pilot DeFi, NFTs, and token-based fundraising under city supervision.
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Partnerships with CUNY and Columbia University for blockchain research and talent development.
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Deployment of a blockchain-based public record system for land titles and business registrations.
Source: GovTech
Analysis & Commentary
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Regulatory Harmony vs. Overreach: By offering a controlled sandbox rather than blanket deregulation, NYC signals a nuanced stance—encouraging innovation without sacrificing consumer protection.
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Talent Pipeline: Academic partnerships aim to remedy the talent shortage plaguing blockchain firms. Local graduates trained in distributed ledger technologies (DLT) will feed startups, financial institutions, and government agencies.
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Public Services on Chain: Land registries and business filings on blockchain promise greater transparency and fraud reduction. If scaled effectively, NYC could set a global standard for government-blockchain integration.
Implications
Other major cities—London, Singapore, Dubai—will feel pressure to match NYC’s playbook. Municipal leaders should prioritize sandbox frameworks and academia-industry liaisons to nurture homegrown crypto ecosystems.
3. OSR Holdings, BCM Europe & Taekwondo Cooperative Launch OSRH Token
What Happened
OSR Holdings, BCM Europe, and the Taekwondo Cooperative signed a strategic Memorandum of Understanding to co-develop the OSRH token, a blockchain-based digital asset aimed at supporting global Taekwondo practitioners. Features include:
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Membership Rewards: Tokens earned through event participation, coaching certifications, and tournament wins.
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Decentralized Governance: Athletes vote on sponsorship allocations and rule-change proposals via on-chain ballots.
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Marketplace Integration: A dedicated NFT marketplace for Taekwondo memorabilia, from digital belts to highlight reels.
Source: PR Newswire
Analysis & Commentary
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Niche Tokenization: OSRH token exemplifies the power of community-focused tokens. By aligning incentives with passion points—training, competition, governance—stakeholders gain ownership and engagement.
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Governance Innovation: Athlete-driven decision-making on sponsorship and funding disrupts top-down federation models. This could democratize sports governance across disciplines.
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Commercial Ecosystem: The NFT marketplace offers monetization channels for athletes and federations alike. Strategic royalties on secondary sales ensure sustainable funding.
Implications
Other sports federations and niche communities should explore token models that blend rewards, governance, and commerce. Successful launches will hinge on clear utility, user education, and regulatory compliance in key jurisdictions.
4. Bybit Presents “Chicken Trader”: The World’s First Poultry-Powered Trading Showdown
What Happened
Cryptocurrency exchange Bybit debuted “Chicken Trader,” a live-streamed event where two contestants trade crypto pairs—and manage live chickens—to earn “Egg Points.” Viewers can stake on their favorite trader, earning NFTs and token rewards based on performance.
Source: PR Newswire
Analysis & Commentary
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Gamification Meets DeFi: Chicken Trader’s fusion of live-stream engagement, staking mechanics, and NFTs exemplifies Web3’s playful ethos—turning trading into interactive entertainment.
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User Acquisition Strategy: Bybit gamified acquisition funnels, leveraging viral social content to onboard nontraditional crypto audiences intrigued by the novelty factor.
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Regulatory Tightrope: Combining staking with competition and livestock raises jurisdictional questions around gambling, securities, and animal welfare. Bybit must navigate diverse regulations to scale globally.
Implications
Other exchanges will replicate gamified formats to differentiate UX and grow communities. Yet long-term viability demands balancing flashy live-events with rigorous compliance, sustainable tokenomics, and authentic value for participants.
5. FIFA Taps Avalanche to Power Its NFT Platform
What Happened
Global soccer body FIFA selected the Avalanche blockchain to launch its official NFT marketplace, featuring digital collectibles—from World Cup highlights to player-card packs. Avalanche’s high throughput and low fees were cited as decisive factors.
Source: TradingView (via Cointelegraph)
Analysis & Commentary
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Scalability & Sustainability: Avalanche’s consensus mechanism delivers sub-second finality and carbon-offset commitments, aligning with FIFA’s environmental pledges.
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Fan Engagement: Tokenized highlights and limited-edition digital memorabilia expand revenue streams beyond broadcast rights, offering fans verifiable ownership and collectible provenance.
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Interoperability: Avalanche’s growing DeFi ecosystem enables future integrations—staking fan tokens, launching prediction-market games, or embedding NFT rewards in FIFA’s mobile apps.
Implications
Major sports leagues and entertainment brands eyeing NFT forays will scrutinize Avalanche’s performance under FIFA’s global load. Blockchain platforms must prove they can handle spikes during marquee events—kickoff times, finals, transfer windows—while preserving UX and sustainability goals.
Conclusion
Today’s Blocks & Headlines illustrate blockchain’s multifaceted evolution:
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Legacy institutions like banks and city governments are unlocking new efficiencies and transparency through private and public DLT networks.
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Community-driven tokens are redefining governance and monetization in sports and niche domains.
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Innovative engagement—from poultry-fueled trading spectacles to global soccer NFTs—demonstrates blockchain’s capacity for gamification, fan loyalty, and novel revenue models.
Yet with opportunity comes responsibility: scalable architectures must coexist with robust compliance; token economies require thoughtful design to sustain value; and regulators, academia, and industry must collaborate to craft frameworks that balance innovation with consumer protection.
As blockchain weaves deeper into finance, governance, entertainment, and sports, stakeholders who embrace strategic partnerships, prioritize user education, and invest in resilient infrastructures will lead the charge into Web3’s next frontier.
The post Blocks & Headlines: Today in Blockchain – May 22, 2025 appeared first on News, Events, Advertising Options.
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