Australian Travel Firm Trials Blockchain Bookings with Partner Microsoft
Australian hotel and online travel firm Webjet has built a blockchain proof-of-concept (PoC) with tech giant Microsoft as its partner, the company revealed. Microsoft’s Azure cloud platform was used to host the blockchain to put it through the tests. The proof-of-concept solution is primarily aimed at its business-to-business division, according to the Australian Financial Review, with the aim to curb booking errors that routinely occur during any part of a booking transaction where travel agents, hotels and customers are involved. A single hotel stay could typically, involve five or more....
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A hotel bookings company based in Australia has developed a blockchain proof-of-concept in partnership with Microsoft. Using the tech giant’s Microsoft Azure platform as a basis, Webjet created what it described as a platform “to create shared, independent and trustworthy documents”. The company is live testing its blockchain solution across several of the Web-based services it operates, with an eye to expand over the next year. According to the Australian Financial Review, the trials began six months ago. The launch is notable given that Webjet began accepting bitcoin as a payment option....
The Australian-based online travel service Webjet provides customers with airline tickets, car rentals, and insurance packages. Recently the company announced a partnership with Microsoft that aims to provide a blockchain solution to improve the travel industry. Webjet & Microsoft Build Blockchain Proof-of-Concept. The travel company Webjet revealed....
Microsoft is projecting that a blockchain proof-of-concept developed with Australian travel agency Webjet will move to the pilot stage in 2017. Speaking at CoinDesk's annual developer conference, Construct 2017, Microsoft senior software development engineer Cale Teeter and technical architect Eric Maino said that they expect the project, which aims to facilitate travel bookings via a blockchain-based system, will attain its new development status within the coming months. "Webjet wanted to see, instead of everyone running their own proprietary systems, a system that connects....
Hot off the presses! Goliath online travel agency/booking website Expedia announced Wednesday that they are going to become the first major website in the travel industry to accept bitcoin for hotel bookings. "This is one of those ideas that seemed to have sprung from three different places all at once," said Michael Gulmann, vice president of global product at Expedia. Company engineers and business developers were beginning to consider acceptance of the digital currency, as were customers requesting the website implement support for bitcoin payments. For now, Expedia will be running a....
It's been quite a while now since travel website CheapAir.com has started accepting bitcoin. About eight months, in fact. And now, it has been announced that the website has surpassed over $1.5 million in bitcoin revenue. Impressive! The travel site initially started their bitcoin-acceptance program with just flights, and later in February of this year announced they would also be accepting the digital currency for hotel bookings. The $1.5 million in revenue encompasses both airline tickets and hotel reservations purchased by thousands of customers, and will certainly go to show you that....