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Biztribution aims to transform air travel distribution by utilizing blockchain technology to create a decentralized model. This innovation allows airlines to regain control over their content and reduce costs by eliminating intermediaries, fostering a more flexible and customer-centric approach in the travel industry.
Currently, air travel distribution (booking and selling of airline tickets and related products) is dominated by an oligopoly of Global Distribution System (GDS) companies.
This system, unchanged for the last 30 years, poses a great pressure into airlines profitability due to elevated transactions fees imposed by the GDSs.
This concentrated market has resulted in the commoditization of airline contents by third parties and additionally, this obsolete model lacks the flexibility, due to constrain…
BUSINESS DISTRIBUTION BLOCKCHAIN SOLUTIONS S.L.
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