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Blockchain in Travel: Frankfurt Hackathon Unveils Innovative Solutions

Blockchain is set to revolutionize travel services. Discover the innovative solutions presented at the Frankfurt hackathon.

In the image there is a ship sailing on the water surface and on the top of the ship there are a...
In the image there is a ship sailing on the water surface and on the top of the ship there are a lot of people travelling.

Blockchain in Travel: Frankfurt Hackathon Unveils Innovative Solutions

A recent hackathon in Frankfurt, hosted by Lufthansa Systems, Swiss International Air Lines (SWISS), and the Camino Network Foundation, explored the commercial potential of blockchain in the travel sector. Thirteen teams developed decentralized applications (dApps) to sell, manage, and transact travel services, showcasing the technology's promise to enhance accessibility and adaptability.

SWISS led the pack with a project enhancing its Travel-ID platform, integrating a Web3 wallet for seamless transactions. The Camino Network, a permissioned public blockchain tailored for the travel industry, facilitated these innovations. Solutions presented at the hackathon ranged from payment integration and carbon offsetting to personalized group travel arrangements. Hotelplan Group introduced a group booking system supporting individual payments and group coordination, while Unimoni connected 300,000 non-IATA travel agencies in India to the Camino Network through blockchain integration.

The Frankfurt hackathon underscored the strong commercial potential of blockchain in the travel sector. With innovative dApps and platform enhancements, the technology promises to revolutionize travel services, improve accessibility, and boost industry collaboration.

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