Sharing Economy International, which is listed on Nasdaq in the United States, recently announced the acquisition of the Hong Kong Moon 188bet Live Casino, a boutique 188bet Live Casino owned by Hong Kong’s second richest man, Lee Shau Kee。This company with a market capitalization of US.8 million plans to invest heavily in the sharing economy and blockchain after changing its name，Wenyue 188bet Live Casino may become the company’s first pilot project applying blockchain technology。

According to Bloomberg，Sharing Economy International Inc, which plans to invest heavily in 188bet Live Casino.) RecentlySeeking to acquire a boutique 188bet Live Casino owned by Hong Kong real estate billionaire Lee Shau Kee。

Parkson Yip, the company’s chief operating officer, said in a phone interview with Bloomberg，The group plans to 13.HKD 500 million (1.US.3 billion) & Investment Co.) Mira Moon 188bet Live Casino in Hong Kong。The chief operating officer confirmed the news to Zhihui，But he said，The two parties are currently in the negotiation stage，It is expected that the transaction terms will be finalized in about a month。

As of closing on January 17th，The current market capitalization of this US-listed sharing economy company is US.8 million，The company recently changed its name from Cleantech Solutions International Inc. ) changed to Sharing Economy Group Co., Ltd.，Plan to increase investment in the sharing economy and 188bet Live Casino。

According to Bloomberg statistics，As of September last year，188bet Live Casino Hong Kong listed company has a total of US.8 million in cash and equivalents。When asked about the large difference between the company’s current market value and the transaction amount，The source of funds for 188bet Live Casino transaction，Ye Dexian cited the reason of inconvenience to disclose，No positive answer。

The name of the sharing economy company，The company recently announced that its subsidiary Sharing Economy Investment Limited has acquired a 51% stake in Quik Ventures, which develops and operates the sharing economy platform Quikspaces，Both parties have reached an agreement，Ye Dexian expresses his gratitude to Zhihui，This transaction is expected to be completed within a month。Ye Dexian also called，The company began to transform and invest heavily in the sharing economy in June last year、188bet Live Casino technology and cryptocurrency，By developing App，Try to integrate 188bet Live Casino with online and offline methods、Internet of Things and other technologies applied to hotels、Shared office、Shared bicycles and other fields related to the sharing economy。

Ye Dexian said，The company is still considering how to apply a similar business model to the 91-room Moon Moon 188bet Live Casino located in the downtown shopping district of Causeway Bay, Hong Kong。Wenyue 188bet Live Casino has joined Marriott International’s independent 188bet Live Casino design 188bet Live Casino network，And use the 188bet Live Casino giant’s Starwood Preferred Guest (SPG) loyalty program。

A person in charge of Miramar 188bet Live Casino said，The company has no plans to sell off the 188bet Live Casino assets。

Bloomberg Billionaires Index (BloombergBillionaires Index）statistics display，Lee Shau Kee, 89, is the second richest man in Hong Kong，Worth up to US.1 billion。Henderson Land Development Co. controlled by Lee Shau Kee’s family.) holds Miramar 48.3% equity，Company annual report display，In terms of market capitalization，188bet Live Casino real estate company is the third largest real estate developer in Hong Kong。

Shareholders of Sharing Economy Group approved the company’s name change application in December last year。Official website display，The company is also involved in the production of dyeing and finishing equipment for the textile industry。

Blockchain attacks the 188bet Live Casino industry

188bet Live Casino technology in the accommodation industry aims to eliminate third-party costs，And encourage suppliers to interact directly with consumers。such as Abab、Lockchain、Trippki、Fujinto、188bet Live Casino companies such as Emphy and Pally are creating platforms，Aimed to connect customers with hotels and rental providers in a cheap and transparent way。

Suppose you decide to stay in a 188bet Live Casino for one night，The fee is 0，Generally there is a fee to cover credit card processing fees，There is a booking fee payable to the booking agency，The remaining is what the 188bet Live Casino actually received from the transaction，This is a middleman market。If these additional fees are not paid，Consumers can save 20% on 188bet Live Casino bookings，This is a big sum。Blockchain companies realize this，And prepare to fundamentally change the market。

According to 188bet Live Casino theory,Under a decentralized network，Everything is done by the program，And safe，Direct contact between users and suppliers，No third-party platform required，The transfer between the consumer and the supplier is like hand-delivering cash，That’s why Bitcoin is called “electronic cash”。188bet Live Casino management has realized，Understanding your customers is one of the best ways to combat alternative booking solutions，Blockchain technology allows them to go further in this direction。

Recently，Nordic 188bet Live Casino giant Nordic Choice Hotels’ Stockholm 188bet Live Casino pilots blockchain，Place one of its assets on the open source blockchain distribution platform developed by Winding Tree，Hope to reduce distribution costs and increase revenue。

Winding Tree is a blockchain-based B2B travel inventory trading platform，Product includes air tickets、188bet Live Casino Room、Car rental、Destination tours and activities, etc.，It is the only open source public blockchain in the tourism industry。Nordic Choice Hotels will first pilot it at Hobo 188bet Live Casino in Stockholm，Later gradually extended to other hotels。Company hopes to use blockchain technology to reduce distribution costs，Increase additional income。

Said Christian Lundén, Future Business Director of Nordic Choice Hotels，Blockchain pilot may help future innovation in the 188bet Live Casino distribution field。He also said "In my opinion，This is an open platform。We and others can use the same open interface API (Application Programming Interface) to put room inventory in one place，This will open up endless possibilities for new companies or our new services。”

Christian Lundén also said，Blockchain technology can even bring new revenue opportunities to the company，Take Stockholm as an example，Able to provide more favorable 188bet Live Casino package services in the local area。The use of blockchain technology，Even reduce distribution costs，Further lower house prices，Preferred Customer。

Is the OTA crisis coming?

The global 188bet Live Casino industry generated US0 billion in revenue in 2016，The United States alone generated US9.3 billion in revenue。Survey data display，88% of U.S. travelers prefer to book online，72% of them prefer to use OTAs (Online Travel Agencies) for bookings，Instead of booking directly through the 188bet Live Casino。

188bet Live Casino is a distributed data storage，Its essence is a decentralized database，That is, third-party information service providers are no longer needed，The latter has clear implications for the tourism industry’s cost-driven distribution system。188bet Live Casino is where all users share information on any 188bet Live Casino，Enables anyone to access and verify a specific database。188bet Live Casino technology in the accommodation industry aims to eliminate third-party costs，And encourage suppliers to interact directly with consumers。

Then，Will blockchain impact OTA’s business？Some insiders believe，According to the current level of market transparency、Judging from the control of pricing power and tourists’ travel planning and self-help abilities，OTA cannot be completely eliminated in a “one size fits all” manner。OTA is a service provider，To order travel 188bet Live Casino products, price comparison is required、Search and even customize，Consumers purchasing tourism 188bet Live Casino products need services，Especially a personalized service that meets your own needs。188bet Live Casino requires intermediaries such as OTAs or travel agencies to provide services to consumers。

And，188bet Live Casino、Scenic spots and other suppliers，A considerable proportion of practitioners lack direct selling capabilities or have limited direct selling capabilities，OTA is a good customer acquisition channel for this type of supplier。If the so-called "decentralization" of the blockchain is realized，Supply-side operators who lack system and back-end technical support will be embarrassed。

Indeed，In the future, with the growth of young customer base，Gradual increase in independent travelers，Consumers’ dependence on OTAs will indeed decrease。The emergence of the concept of 188bet Live Casino itself is a kind of progress，It is not ruled out that “decentralization” will be truly realized in some tourism fields in the future，But for now，The tourism market is still far away from 188bet Live Casino day，OTA will still be necessary for a long time to come。

Blockchain technology can be well applied to the 188bet Live Casino industry，But for blockchain companies looking to replace traditional companies，There is still a lot of work to be done。

Part of the information in 188bet Live Casino article is synthesized from China Business News、Luxe.CO、Skift。