German national flier Lufthansa has announced what it is calling “the world’s first Aviation Blockchain Challenge” in order to promote its service through blockchain technology, writes the EconoTimes.
The main focus of the challenge is to examine solutions that may improve or impact overall traveller experiences flying with the airline, such as enhancing existing supply chains and updating maintenance at airlines.
Lufthansa is a partner of SAP, who will be contributing to the project. The company is a German-based European multinational software corporation that makes enterprise software to manage business operations and customer relations, with offices in 180 countries worldwide, which reportedly services over 335,000 customers.
Lufthansa and SAP have named three clear challenge criteria which have been separated into categories for prospective applicants; Traveller Challenge, Airline Challenge and Supplier Challenge. The challenges, in turn, seek blockchain solutions that add value to travellers, improve specific airline operations and improve airline supply chains and maintenance issues. Thorsten Dirks, member of the executive board of Deutsche Lufthansa AG and in charge of Eurowings and Aviation Services, explained the project:
“We look forward to discussing innovative solutions and initiating experiments together with our partner SAP at the Aviation Blockchain Challenge. 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.”
Winning projects will have a two-fold payout in terms of pushing their blockchain based concepts forward and gaining a valuable foothold in the competitive aviation industry. Not only will the winners gain access to SAP’s Blockchain-as-a-Service network which will help them to develop their concept, but they will be placed on a mentoring program overseen by Lufthansa and SAP industry experts.
The industry is increasingly supportive of blockchain projects as illustrated by Boeing’s announcement this week that it has partnered with an artificial intelligence company to develop pilotless vehicles using blockchain technology.
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