Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.
Air New Zealand experiments with blockchain technology
Posted on 23-Nov-2017 15:39 | Filed under: News



Air New Zealand is exploring the use of blockchain-based systems within its business, reinforcing its global reputation for innovation and embracing new and emerging technology.

 

Blockchain is being used globally to build encrypted, shared platforms, providing a secure and efficient way to track the exchange of goods or information. Air New Zealand is looking at a number of potential use cases for the distributed ledger technology including cargo and baggage tracking, retail, distribution and loyalty programme opportunities.

 

Air New Zealand Chief Digital Officer Avi Golan says applications of blockchain are developing rapidly, and the airline is excited by the possibilities.

 

“With its built-in efficiency and security, blockchain has the potential to trigger huge innovation in travel, paving the way for new business models and collaboration.”

 

Air New Zealand is partnering with Swiss travel platform Winding Tree, which is developing the world’s first travel marketplace on blockchain to connect suppliers such as airlines and hotels directly to sellers.

 

“While we are still exploring its benefits, blockchain may offer a streamlined way to retail airfares and ancillary products alongside our current channels. In removing complexity from the sales chain, customers benefit from reduced transactional costs, and airlines benefit from swift and secure sharing of information,” says Mr Golan.

 

Winding Tree Founder and Chief Executive Officer Maksim Izmaylov says Winding Tree is a decentralised alternative to the current travel distribution landscape.

 

“With a business-to-business marketplace system powering blockchain-based travel booking transactions, startups and companies will be able to gain direct access to travel service providers’ offerings.

 

“We are very excited to be partnering with Air New Zealand, as it’s an important step in bringing blockchain technology to the travel industry and creating opportunity for innovation,” says Mr Izmaylov.

 

Air New Zealand has worked with a range of leading technology partners to introduce innovations to enhance the customer experience. These include its artificial intelligence backed chatbot Oscar, who helps customers with queries online and through the Air New Zealand mobile app, and its experiment with the social robot Chip, who assisted customers with check in at Sydney Airport earlier this year.

 

German carrier Lufthansa has also recently announced a partnership with Winding Tree.

 










Twitter and LinkedIn »



Follow us to receive Twitter updates when new discussions are posted in our forums:



Follow us to receive Twitter updates when news items and blogs are posted in our frontpage:



Follow us to receive Twitter updates when tech item prices are listed in our price comparison site:



Trending now »

Hot discussions in our forums right now:

Coding email signatures
Created by arcon, last reply by arcon on 20-Aug-2019 18:43 (19 replies)
Pages... 2


Vodafone is killing off the Sure Signal
Created by myfullflavour, last reply by nickb800 on 22-Aug-2019 14:20 (35 replies)
Pages... 2 3


Sky Television writes off $670m of 'goodwill', suspends dividend
Created by JaseNZ, last reply by afe66 on 22-Aug-2019 13:16 (17 replies)
Pages... 2


Experienced Phone Tech Service Person Needed to clarify Flip Homeline Caller ID issue
Created by Tomahawk66, last reply by Tomahawk66 on 18-Aug-2019 18:42 (15 replies)

Vet Bills - specifically teeth clean.
Created by GSManiac, last reply by nzkiwiman on 22-Aug-2019 14:40 (27 replies)
Pages... 2


Just wondering about NZ iptv
Created by rb99, last reply by Apsattv on 22-Aug-2019 15:01 (12 replies)

The current outage in Christchurch 2019-08-22
Created by CitizenErased, last reply by CitizenErased on 22-Aug-2019 16:12 (11 replies)

Spark, Vodafone and 2degrees announce new rural broadband and mobile services in twenty locations
Created by freitasm, last reply by hio77 on 22-Aug-2019 15:37 (11 replies)