July 23, 2018 204By Nathan Bentley
"While many industries have found their first use cases, the impact on the aviation sector is not noticeable yet. We want to change that together with SAP and see substantial potential in our industry to utilize blockchain and other plays of decentralized networks."See the full article for yourself, here. Competitors and innovators will be encourages to explore how blockchain technology can impact flight booking services, internal data systems and third party supply chains. Those already involved in blockchain startups are especially encouraged to take part, on the premise that they will be able to bring a wealth of prior knowledge to the table. This is a very promising development for aviation within Europe. As Lufthansa are Europe’s biggest airline, findings from this competition could very well outline a whole new landscape for blockchain technology as a part of the aviation industry across many other European airlines. Moreover, findings from this will have great implications for airports too, and the customers that use them. Lufthansa can see that the blockchain will influence more than just themselves and thus, want to be one step ahead of the game by recruiting innovative minds, alongside SAP, which promises to foster an very futuristic outlook for the way we travel by air, globally.