WTM: Crypto-booking app wins #HackTravel at Travel Forward
The first prize in the inaugural #HackTravel London 2019, occurring at Travel Forward happening during World Travel Market (WTM) and sponsored by Winding Tree, visited a united team which developed a crypto-booking app.
Switzerland-based Winding Tree is really a non-profit, blockchain-based distribution system for the travel industry.
More than 15 developers, representing seven nationalities, took part in the hack. Developers were offered real-world travel industry challenges and asked to create a solution utilizing the open source Winding Tree platform and any open source code.
Pedro Anderson, founder of Winding Tree, said: “Entries were judged in accordance with technicality, originality, practicality and whether there is a wow factor. Each one of the hacks scored highly across all criteria and there is something of fascination with each one of the pitches. It had been a detailed call.”
Winding Tree was the first ever to see that a blockchain-powered decentralized ecosystem will make travel cheaper for consumers and much more profitable for providers by reducing the expenses connected with middlemen and intermediaries.
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It has only been with us since 2017 and already works together with many travel firms including airlines such as for example AirFrance-KLM, Lufthansa, Air Canada; hotels including Nordic Choice and CitizenM; and Siesta Cloud, a travel platform.
Winding Tree has Lif also, a cryptocurrency designed designed for B2B transactions between travel businesses which are authorised through Org.ID, its blockchain-based digital verification tool.
Richard Gayle, Senior Director, Travel Forward said: “The hype around blockchain has died down and we have been now seeing how it could be used for the nice of travellers and suppliers’ important thing.
“Innovative technology inspires innovative thinking, and something of Travel Forward’s goals would be to become to go-to global event for inspirational technology-based content.