Blockchain News

Hotel Staff Can Pay Allowances Through Digital Wallet

The Dubai Caesars Bluewaters hotel has introduced a digital wallet to its staff to pay for their allowances. This is a blockchain-based payment solution that will streamline the staff allowances and discounts within the hotel. In collaboration with Lucid Pay from Liquid-D, the hotel is integrating the software into all existing Hotel POS systems from Oracle and Opera.

Jejin Joseph, the Caesar Bluewaters head of IT infrastructure said Lucid Pay was the right choice and no additional hardware was needed. “It is very easy to setup and use, and requires minimal training for the existing staff. Being a blockchain-based solution, we are provided with a transparent, tamper free, immutable ledger for our employees allowance and discount program.” Joseph said the back-office automation provided by Lucid Pay removes the burden of repetitive tasks from the finance team.

Experts say the platform leverages smart wallets and smart contracts. It allows the hotel to customize terms and conditions to each employee’s wallet, facilitating seamless transactions at outlets.

The Caesars Bluewaters is the second hotel, after the Atlantis Resort to adopt this blockchain-based solution. The founder of Liquid-D, Jawid Riachi said, “We are happy that our clients value the platform and realize its potential in terms of functionality, speed, effectiveness and ROI.” Riachi said their newer version 2.0 offers more flexibility , power and deeper integration within the existing hotel systems.

Carolyn Conrad

Carolyn Conrad has recently joined CryptoLighty news reporting team as a full-time reporter. She has been curating and writing for leading cryptocurrencies from last five years. She holds post graduate diploma in finance. She also holds year long experience in digital print media.

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