ABSTRACT

Blockchain technology speeds up the financing process, reduces costs, and can increase transparency and trust among stakeholders. In this context, decentralized finance (DeFi) platforms built on the structure of blockchain and smart contracts are multiplying the new application possibilities of these emerging technologies in tourism. Although the positive contributions of blockchain technologies to the tourism sector and its sustainability have been examined in the literature, a straightforward approach and model on how to implement them with the participation of stakeholders has not been developed. The study examines how smart contracts, IoT, and DeFi technologies that will form the future digital infrastructure in tourism can be combined and applied in sustainability financing. In addition, it was investigated which sustainable development goals blockchain applications can contribute to in tourism.