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The Camino Network Foundation has partnered with Lufthansa Systems and Swiss International Air Lines to develop innovative blockchain solutions tailored for the travel industry. This collaboration aims to enhance efficiency, reduce costs, and promote sustainability using Web3 technologies.

Web3 Hackathon in Frankfurt

A Web3-focused hackathon in Frankfurt brought together experts from the Camino Network Foundation, Lufthansa Systems, Swiss International Air Lines, and 13 other travel and tech companies. Over 48 hours, participants worked on practical, blockchain-based solutions to address key challenges in the travel sector.

Key Focus Areas

The hackathon explored various topics, including:

  • Enhanced payment methods using blockchain technology.
  • Solutions for carbon dioxide offsetting to improve sustainability.
  • Access to emerging sales markets for travel products.

Participants also experimented with leveraging the Camino Network blockchain for the distribution of flight and travel services, showcasing the potential of decentralized technology in streamlining industry operations.

Notable Achievements

The event highlighted the potential for significant improvements in efficiency and cost savings. According to Pablo Castillo, CEO of Chain4Travel and initiator of the Camino Network:

“The hackathon clearly showed how connections that used to take months can now be established within days. Compared to traditional distribution channels, the new solutions are significantly more efficient – with up to 98% cost savings, as demonstrated by Hotelplan, and up to 50% improved sustainability, as measured by Carbify’s CO₂ analysis.”

Innovative Solutions

Among the standout projects were:

  • A solution from the Unimoni team, aimed at integrating 300,000 India-based travel agencies into the Camino Network.
  • A Web3 travel identity solution presented by the SWISS and Digital Hangar team, which includes wallet integration and the issuance of real-world assets like vouchers and digital services.

These projects demonstrate the potential of blockchain to modernize and enhance traditional travel operations, offering more streamlined and cost-effective solutions.

Commercial Potential and Next Steps

Mickael Woelcke, Project Manager at SWISS, emphasized the commercial viability of these innovations:

“Beyond the many innovative use cases developed during the hackathon, it was particularly impressive to see how the teams successfully integrated LHG flight content into their platforms in just two days. The commercial potential of this technology is promising – especially with faster and more efficient partner integration and significantly reduced distribution costs.”

The Lufthansa Group plans to evaluate the projects developed during the hackathon to determine which can move forward into pilot applications. This step will further refine the solutions and bring them closer to real-world implementation.

The collaboration between the Camino Network Foundation, Lufthansa Systems, and Swiss International Air Lines underscores the growing role of blockchain technology in transforming the travel industry. As these solutions progress, they are expected to set new standards for efficiency, sustainability, and cost-effectiveness.

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