8th June, 2022
The evolution of web is a fascinating topic, and as one delves into aspects like convergence of emerging technologies, a personalised browsing experience and interlinking of all the data in a decentralised way, it is clear that this phase of the World Wide Web is set to have repercussions for travel shoppers and merchants.
Paying via a crypto wallet, faster payments, cross-border payments, data security… many more aspects for payment and fraud specialists to dig into.
Few points to ponder:
– Web 3.0 is expected to make the web more intelligent and consumers’ lives simpler. How should travel companies, including airlines, gear up for a decentralized web from a travel shopper’s perspective?
– If we talk of what Web 3.0 offers with the integration of Internet and digital payments infrastructure using different technology stacks, how can payment processing and the resulting payment experience evolve?
– It is said that there is a data breach every hour now. This new era of web provides complete ownership of data and eliminates the dependency on organizations, be it for big tech companies or even financial institutions. How critical aspects like data ownership and data security are set to evolve from here?
– How payment methods are set to shape up – for instance, crypto wallet, tokens in crypto wallets, metaverse-based crypto coins and so on?
– How can the travel industry look at curbing fraud related to payments in the era of Web 3.0? Does metaverse need a new approach for fraud prevention?
– Hear from senior industry executives at the upcoming #ATPS in London (15-16 June):
By Ritesh Gupta, Ai Events
