Articles tagged “winding tree”

Online Travel

Tales From the Crypto: The Wild World of Travel Blockchain Startups

Some entrepreneurs and scammers are treating initial coin offerings like get-rich-quick schemes, and the travel distribution ecosystem isn't immune. Beware of people who say they can totally disrupt the travel industry, especially if they don't even understand how the industry works.

Tales From the Crypto: The Wild World of Travel Blockchain Startups

Airlines

Air New Zealand Plans to Test Blockchain Integration With Its Reservation System

Anyone remember Google Wave? Air New Zealand, Lufthansa, TUI, and a whole bunch of investors and techies are betting that blockchain fulfills a lot of promise and exhibits a ton more staying power than previously-hyped technologies that didn't hang around very long.

Online Travel

Lufthansa Partners With a Blockchain Provider in an Investment Worth Testing

It is easy to see why Lufthansa, which sells flights and ancillary services, would be interested in blockchain. Airlines, hotels and tour operators might be able to use blockchain to dramatically reduce their distribution costs. At this stage, it is hard to tell how close this is to being a reality, and how fearful online travel agents and others should be.

Lufthansa Partners With a Blockchain Provider in an Investment Worth Testing

Online Travel

Blockchain Will Disrupt Expedia and Airbnb, TUI CEO Says

Blockchain is essentially a large immutable database which, due to its security features and decentralized nature, can pose a threat to traditional intermediaries. Companies are looking to expand blockchain to tackle the current travel distribution landscape.

Blockchain Will Disrupt Expedia and Airbnb, TUI CEO Says