Blockchain might be the technology buzzword du jour, but the typical hotelier might not be familiar with exactly what the technology is and what its application within the hotel industry might be. Speaking during a Hospitality Financial and Technology Professionals webinar, Paul West, consultant with Hospitality Technical Services, said Bitcoin, the most prominent and recognizable use of the underlying blockchain technology, doesn’t showcase its potential usefulness with hospitality. He noted blockchain - which is also referred to as a distributed ledger network—has the potential to add “efficiencies and solve some business problems, mostly related with data privacy, security and information sharing.” Get the full story at HNN