The most-established and largest German airline, Lufthansa has partnered up with German’s planning and business software, SAP, to explore how blockchain technology can influence the airline industry, travelers and the participating suppliers. The challenge, dubbed the “World’s First Aviation Blockchain Challenge”, will target three specific challenges in which blockchain technology must be considered as a possible solution.
The duo has titled the three challenges as being the “Traveller Challenge”, “Airline Challenge” and the “Supplier Challenge”. The main goal here is to ensure that travel experiences for customers are heightened, while ensuring that maintenance and the overall supply chain is effectively operating.
Thorsten Dirks, a member of the Deutsche Lufthansa AG and active lead of Eurowings and Aviation Services, elaborated on project in place, along with his eager in collaborating with SAP to provide efficient solutions for the entire flying industry.
He particularly shared that,
“by combining our aviation industry expertise with the blockchain technology of a world market leader, we are creating the ideal worldwide framework for addressing blockchain entrepreneurs with an affinity for travel and mobility.”
As for the successful project idea, it has been revealed that a “two-fold payment” will be given. Furthermore, such individuals or groups will have access to SAP’s Blockchain-as-a-Service network to use as a foundation to bring his/her/their ideas to life in a practical manner. The entire project will still be guided by the duo for the moment.