Blockchain

Etihad Airways Will Be Implementing Blockchain Technology

Etihad_Airways-blockchain

Etihad Airways, the second-largest airline in the United Arab Emirates announced on Thursday that it will be using an open-source travel platform called Winding Tree to explore using blockchain technology to distribute its products and services without the need for other third parties.

According to Reuters, Winding Tree blockchain platform are being used by some big Airlines such as Air Canada, KLM, Air France and Lufthansa.

Winding Tree is obviously our distribution (platform) and that’s an opportunity for us to disrupt a traditionally siloed market dominated by major distribution systems

Tristan Thomas, Etihad’s director of digital and innovation, said in an interview with Reuters

Winding Tree’s platform will allow corporates and institutions like airlines and hotels to publish available inventory to those customers directly.