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Welcome to the Blockchain-in-Travel Project, it's time to open up the blockchain debate for the travel industry. Want in?

The blistering pace of innovation in distributed ledger and smart contract technology warrants a closer look at what it all means for stakeholders in travel. Many sectors have already begun building exciting use cases for the travel industry.

From finance to energy to healthcare to real estate, business and technology professionals are in consensus over blockchain and its potential to disrupt entire industries. It's time for leaders in travel to unite, assess, and publicly discuss the issues and possibilities.


What is the BiT Project?

The BiT Project is a multi-stakeholder initiative aimed at bringing people from outside and inside the blockchain community together to explore exciting use cases and real life applications of blockchain technology in travel. 

We're producing and organizing an engaging series of networking sessions, whitepapers, podcasts, articles, and interviews, all culminating into the BiT Symposium scheduled for April 2017 in New York City.

We've reserved the www.blockchainintravel.com domain just for this occasion. Work is ongoing and will continue up until the day of the conference.


Objectives?

  1. To raise awareness about blockchain technology and what it can do for the global travel ecosystem.

  2. To create a common and shared resource for the travel industry and blockchain innovators to come learn from and work with each other.

  3. To unite stakeholders from travel and other industries and to explore use cases for blockchain applications.

  4. To bridge the knowledge and language gap between technology folk, and business folk.


Why should the blockchain community participate?

Because travel is universal and fun! It's built into our DNA. Everyone understands it. Not too many people understand blockchain - not yet at least. Market education will be critical for blockchain tech to advance. Travel is therefore the perfect context to open up the bigger discussion about what blockchain means for businesses and society as whole. Oh, and did I mention that travel is US$1.5 trillion dollar industry? This is your window.

Why should the travel community participate?

Travel has gone digital. Blockchain, distributed ledger, and smart contract technology stands to significantly disrupt how we structure and access data on the internet. This will impact how travelers search for, shop, and buy travel products. Viable applications in customer loyalty, IT security, travel insurance, payments and other segments of the travel value chain are now coming online. This is your opportunity to learn about these exciting products and how they can help grow your business.


Where do we start?

We already have. After numerous interviews with blockchain experts and travel industry practitioners, we've identified eight different segments of the travel value chain that could benefit or that stand to be significantly impacted by blockchain technology:
 

 DIGITAL MARKETING - Blockchain applications for social media are now being developed that could help travel brands target select audiences in new ways.

DIGITAL MARKETING - Blockchain applications for social media are now being developed that could help travel brands target select audiences in new ways.

  CUSTOMER LOYALTY - Cross-partner loyalty networks are being made possible through the application of blockchain tech. What does this mean for travel brands big and small?

CUSTOMER LOYALTY - Cross-partner loyalty networks are being made possible through the application of blockchain tech. What does this mean for travel brands big and small?

 PAYMENTS - Are we moving toward a cashless society? If so, how will mobile wallets and digital currencies impact the way travel brands exchange value with the consumer? How will this impact our business?

PAYMENTS - Are we moving toward a cashless society? If so, how will mobile wallets and digital currencies impact the way travel brands exchange value with the consumer? How will this impact our business?

 GETTING AROUND - Blockchain based ride sharing platforms are already in the works. Will it go to scale? How will this impact the way we get from point A to point B? How will it impact the ridesharing industry?

GETTING AROUND - Blockchain based ride sharing platforms are already in the works. Will it go to scale? How will this impact the way we get from point A to point B? How will it impact the ridesharing industry?

 WHERE WE STAY - The sharing economy transformed the way we think about accommodations. Blockchain will transform the sharing economy. What does this mean for hotels and renters?

WHERE WE STAY - The sharing economy transformed the way we think about accommodations. Blockchain will transform the sharing economy. What does this mean for hotels and renters?

 DESTINATIONS - Cities are more than places, they are communities. Whenever we visit them, we're granted keys to that community. How might blockchain help places understand who comes and who goes?

DESTINATIONS - Cities are more than places, they are communities. Whenever we visit them, we're granted keys to that community. How might blockchain help places understand who comes and who goes?

 DISTRIBUTION - Much of the travel industry focuses on facilitating the sale between traveler and supplier. How we pay, who we pay, and who gains from this dance could be disrupted through new applications in blockchain tech.

DISTRIBUTION - Much of the travel industry focuses on facilitating the sale between traveler and supplier. How we pay, who we pay, and who gains from this dance could be disrupted through new applications in blockchain tech.

 INSURANCE - Blockchains could bring increased risk-recording abilities, transparency, accuracy and speed to the insurance markets. The travel insurance industry is projected to grow to US$ 18 billion by 2017. Enough said.

INSURANCE - Blockchains could bring increased risk-recording abilities, transparency, accuracy and speed to the insurance markets. The travel insurance industry is projected to grow to US$ 18 billion by 2017. Enough said.


What will it look like?

An engaging industry research and content initiative working up to the BiT Symposium in April of 2017.

Networking sessions - A total of three networking sessions will be scheduled - two in the United States and one in Europe - with the aim of bringing key stakeholders together to discuss the issues and connections between blockchain and travel.

Whitepaper series - Whitepapers will be issued as part of this initiative. The objective here will be to explore technical issues, use cases, technological limitations, and obstacles to the adoption of blockchain tech within each segment of the travel value chain we've identified. These will be required reading material for everyone attending the BiT Symposium in April 2017.

Article series - Regular articles will be published throughout the initiative to keep the audience up-to-date on latest developments  in blockchain technology as it relates to travel.

Podcast series - A monthly podcast series will help stimulate ideas and broader discussion about the implications of blockchain tech to the travel industry.

The BiT Symposium - All of this hard work will culminate into the main event, a two-day conference which will be held in New York City in April of 2017.  The objective will be to bring all stakeholders together for two days of engaging debate and sharing of outcomes accumulated over the course of the project.

Schedule

Networking Session 1 - New York City (Mid May 2016)
Networking Session 2 – San Francisco (Early September 2016)
Networking Session 3 – Berlin (March 2017)
Symposium – New York (End of April 2017)


Organizers, Partners, Sponsors


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