Blockchain Technology and Travel
The article interviews blockchain expert Mark van Rijmenam on blockchain applications in travel, including decentralized booking, loyalty programs, identity services, baggage tracking, and travel insurance.
Impact and considerations
Blockchain could transform travel distribution, reducing intermediaries and improving efficiency, but technology is immature and requires monitoring.
Key points
- Blockchain offers immutable, verifiable, and traceable data.
- Decentralized booking marketplaces could eliminate intermediaries like OTAs and GDSs.
- Smart contracts can automate travel insurance claims.
- Blockchain in travel is still in early stages.
- Key hurdles include immature technology, talent shortage, and cultural change.
Sources and time
- Primary source
- SAP Concur
- Other sources
- 0
- First source publication
- 29 Jun 2022, 19:47
- Page published
- 15 Aug 2026, 08:12
- Last updated
- 29 Jun 2022, 19:47
- Original links
- SAP Concur Blog：Blockchain and the Future of the Travel Industry (opens in a new tab)Primary source · en · Published 29 Jun 2022, 19:47