Blockchain Travel — Air New Zealand , Dnata Start Using The Blockchain
As blockchain spreads from American Express to IBM, another wave of blockchain technology is starting to take place.
Recently, two different companies both have come out talking about their plans to implement blockchain technology in their travel companies.
Air New Zealand Pairs Up With Winding Tree
Winding tree is a blockchain based decentralized, open-source travel distribution platform with the aims of making travel cheaper for the end user and more profitable for the supplier.
By using this principle it allows the smaller players in the travel industry, to compete and bring innovation back to the industry.
Now recently, Air New Zealand announced that they would be arranging a partnership to help with baggage tracking and ticket booking.
Avi Golan, Chief executive officer, had this to say about the blockchain
“While we are still exploring its benefits, blockchain may offer a streamlined way to retail airfares and ancillary products alongside our current channels.”
Also revealing that Air New Zealand would be investing in Winding Tree’s ICO out of Switzerland.
While this is still in the beginning stages, it could vastly improve the travel industry and help both with accountability and affordability for the end user.
IBM and DNATA Team Up
In blockchain travel news, DNATA an air service company in the Middle East is also starting to explore the blockchain and its implications to travel.
Using a pilot program with IBM, they experimented with a full travel process starting with a purchase and ending with the user at their final destination.
This “successful” trail was commented on by their senior vice president for IT services saying
“It is imperative to carry out such business experiments and trials so that participants can experience the benefits of breakthrough technologies in a live environment.” — Neetan Chopra
With all of this news in travel, it is exciting to see this ledger based technology finally being implemented in places that it indeed should be.
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Originally published at globalcryptoacademy.com on November 24, 2017.