(a) We are excited to announce the International Journal of Tourism Sciences (IJTS) is now listed in the ABDC (Australian Business Deans Council), one of the highly recognized journal ranking systems worldwide. We thank all the authors and editorial board members who have contributed for this achievement. Also, as we invite more members in the editorial board, please send me your 1-page CV to this email address or timoth...@gmail.com if you are interested.
(b) IJTS will be published by a new publisher from 2020 (volume 20), to keep developing its vibrant status in order to be listed in Scopus and SSCI in the near future. Looking forward to your continuous citation and submission to IJTS.
(c) The due date of the manuscript submission for the special issue in IJTS is extended to 31 July 2020. Please refer to the attached file for details.
Title: The Potential of Block-chains and Digital Currencies Adoption in Tourism.
Guest Editors: Dr Aaron Tham (University of the Sunshine Coast, Australia)
Prof Horst Treiblmaier (MODUL University Vienna, Austria)
Dr Daniel Leung (Hong Kong Polytechnic University, HK)
Dr Andrei Kwok (Monash University Malaysia)
Theme:
Block-chains are technologically embedded distributed ledgers aimed at overcoming transactional inefficiencies and distributing greater control to end users (Scott, Loonam, & Kumar, 2017). Nakamoto (2008) originally outlined the principles of block-chains, which have in the last decade witnessed increasing interest across a wide range of sectors including finance, real estate and healthcare (Fanning & Centers, 2016; Kuo, Kim, & Ohno-Machado, 2017; Veuger, 2018). According to Shah (2018), the global block-chain market will reach US$60 billion by 2024. Block-chain technologies strive to improve business operations in numerous sectors and address economic and political uncertainty at a global stage. This is underpinned by sophisticated peer-to-peer validation mechanisms to authenticate transactions and making them irreversible.
Digital currencies, otherwise known as crypto-currencies, facilitate block-chain transactions (Bjerg, 2015). There are various types of digital currencies in existence, with Bitcoin being the most well-known example. Proponents favor the elimination of foreign exchange conversions and commission rates paid to intermediaries. However, price volatility fueled by speculative trading on digital currencies has arrested the market demand for such products/services (Klein, Thu, & Walther, 2018). In addition, some countries have yet to provide clear legal frameworks for the use of digital currencies (Raymaekers, 2015). As of 2019, the global market capitalization value of the top ten digital currencies is estimated at US$216 billion (CoinMarketCap, 2019).
Despite the meteoric rise of block-chains and crypto-currencies, their implications are still poorly understood through the lens of tourism and hospitality, with early studies already indicating their huge disruptive potential. For instance, Kwok and Koh (2019) discuss the role of block-chains as tools of sustainable tourism development for small island states. Nam, Dutt, Chathoth, and Khan (2019) argue that block-chains and digital currencies are enablers of smart tourism ecosystems, as they can generate information-intensive platforms to reap desired goals. Onder and Treiblmaier (2018) propose three possible areas of future investigation related to block-chains and digital currencies – rating systems guided by block chain data, digital currencies leading to new consumer-to-consumer markets, and block-chains further disrupting tourism intermediation. Finally, Treiblmaier and Onder (2019) suggested various theoretical lenses to investigate the impact of block-chains on tourism.
Interests:
In order to close the existing gaps pertaining to the impact of block-chain on tourism, the aim of this special issue is to illustrate the manifold potentials of block-chains and digital currencies in tourism and hospitality across the following topics (though not limited to):
Potential submissions need to follow a rigorous academic approach, discuss the characteristics of the block-chain/digital currency being used and describe how and why a block-chain/digital currency solution was applied in specific situation or might be preferable (Treiblmaier, 2019).
Timeline:
Submission Guideline:
Kind regards,
Associate Prof. Timothy Lee
USC Business School
University of the Sunshine Coast
Australia
Office: SBA4.1.09 (South Bank)
Phone: +61 7 5409 8639
ORCID: 0000-0002-2435-073X
Research Bank: http://research.usc.edu.au/vital/access/manager/Repository?exact=sm_creator%3A%22Lee%2C+Timothy+J%22
Editor-in-Chief:
International Journal of Tourism Sciences
ABDC-listed
University of the Sunshine Coast
CRICOS Provider No. 01595D
I acknowledge the Traditional Custodians of the land on which we walk, live and work,
and pay my respects to the Elders, past, present and emerging.