Security, Loyalty Programs and the End of Overbooking: How Blockchain Could Help Airlines
Cointelegraph
Published Aug 14, 2018 11:30AM ET
Updated Aug 14, 2018 05:41PM ET
Security, Loyalty Programs and the End of Overbooking: How Blockchain Could Help Airlines
Airlines and airports are functioning on outdated methods of information collection and distribution, using many isolated operating systems where data exchange can be timely and unsecure — despite a reported 170 percent increase in the past 20 years of U.S. outbound trips abroad.
Major competitors have recognized how the characteristics of the aviation industry align with blockchain, which has the potential to streamline data sharing among information silos in airports — and with ancillary travel enterprises more broadly — to create a seamless and secure travel experience.
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Written By: Cointelegraph
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