Iata blockchain

With traffic at less than 20 per cent of levels, the cash burn has continued even with severe cost-cutting. Meanwhile, passenger traffic in the region was down Both must be prepared or the restart cannot happen. The Brent has surged by over 25 per cent this year as prospects of a global economic recovery become clearer. Despite the gloom and doom, it looks like investors are once again placing bets on airline stocks.

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Content:

• IATA Travel Pass Will Use Blockchain to Secure User Data
• How Blockchain and IoT are Redefining the Travel Experience for Customers
• IATA Travel Pass adopts blockchain to secure travelers’ data
• Former IATA Director Dishes on Airline Distribution, NDC and Digital Growth
• 2020 worst year ever is history of aviation, air travel demand plunged by 65.9%: IATA
• Airline body IATA develops mobile apps for COVID-era travel
• IATA releases blockchain whitepaper for airlines
• More Middle East airlines face bankruptcy risks with each month of uncertainty: IATA
• Dossier: Blockchain of trust
• Qatar Airways becomes first Mideast carrier to start trials of IATA travel pass

WATCH RELATED VIDEO: MCC 2021 Episode 3 of 4 – Digital aircraft operations

IATA Travel Pass Will Use Blockchain to Secure User Data

Blockchain is a technology employed to transfer data in a protected and secure way through an encoding system. What is truly groundbreaking in Blockchain technology is that an intermediary is not required to transfer data , as the information is distributed throughout different nodes, all of which are independent of each other and are responsible for validating and recording the information. The Blockchain was conceived as a system to facilitate the digital distribution of data through a decentralised ledger containing all the transactions that were carried out.

This ledger cannot be modified or altered by any participant, which guarantees confidentiality. This means that the Blockchain cannot be counterfeited, making the exchange of assets much securer. Thus, when data is entered, it can no longer be removed; all we can do is add more data in the form of new records. This data will be legitimised and verified once all nodes are in agreement and have processed it. An essential step in the Blockchain is the transaction , that is, there must be two parties interested in exchanging a unit of value, whether a cryptocurrency or another asset.

This transaction is sent together with other transactions, making up a block , which in turn is sent to the computer network comprising the system. The Blockchain has become a benchmark technology for airports and airlines around the world, as established in a SITA report.

According to this report, the Blockchain can be used in airports in multiple ways, whether to identify a passenger; issue banknotes; follow assets; manage programmes; or collaborate in improving cooperation between industry members. What is truly beneficial in Blockchain technology is that it allows running multi-business applications where the data is executed jointly by means of blocks, rather than having isolated applications executing the data individually.

Currently, more than half of the airlines have Blockchain programmes and have invested in their implementation throughout The most recurring use expected from the Blockchain is that of identifying passengers, although they could also benefit from it in other instances. The airline industry has a long history of exchanging information between the involved parties, and Blockchain technology could be a turning point, as thanks to biometric identification systems , passengers will be able to travel without having to show their passport to an official, thus streamlining the process.

This will be made possible via a mobile phone and identity verification systems, by means of fingerprint or facial recognition. This entails disposing of a series of verification processes that have been used up to now and that can be burdensome, inefficient and tortuous: identifying oneself when booking the ticket, at check-in, at the security gates…. When arriving at the destination country, passengers will only need to pass through the biometric system that scans their face or their fingerprint and contrasts them with the data via the Blockchain , again by means of their mobile phone.

Another aspect that passengers can benefit from by using Blockchain technology is the possibility of controlling their luggage. Many times, passengers who check their luggage become doubtful on it arriving at the destination country and fear it getting lost along the way. Well, when using Blockchain systems together with a luggage-tracking device, travellers can forget about these concerns. If the luggage gets lost, immediate compensation is guaranteed through the Blockchain , which is responsible for connecting all companies with the customer: airlines, airport management, insurance companies, and so on.

Blockchain technology is not only useful for controlling passengers and their luggage, but also for protecting data, such as public health data at a time in history when the COVID pandemic has affected all countries. Frankfurt Airport was the first to implement this technology in order to control the incidence of Coronavirus in airports and travel by using IATA Blockchain technology to obtain statistics on passenger health.

Therefore, it will be a digital passport module that updates the information with that received from laboratories, the application itself and vaccination centres and with the health requirements for passengers travelling internationally. Ubirch is the company entrusted with providing this type of technology. Another example of using the Blockchain in airports is in the Dubai Airport Free Zone, where regulating cryptocurrencies and bitcoins for this airspace has been supported.

This means that cryptocurrencies can be exchanged, thus obtaining a licence in the Dubai Free Zone. This new measure aims to optimise the experience of foreign travellers that are part of the cryptocurrency ecosystem.

In short, although the Blockchain stems from the world of cryptocurrency, its use is not limited just to this scope, as we have seen in the examples presented here regarding passenger control and health data.

Blockchain in airports. What is the Blockchain? How the blockchain disruptive technology works and how it has become part of various applications related to the scope of airports.

Blockchain in airports The Blockchain has become a benchmark technology for airports and airlines around the world, as established in a SITA report. Blockchain, COVID and airports Blockchain technology is not only useful for controlling passengers and their luggage, but also for protecting data, such as public health data at a time in history when the COVID pandemic has affected all countries.

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How Blockchain and IoT are Redefining the Travel Experience for Customers

One of the hottest topics in commercial aviation today is distribution. Eric Leopold: When we launched NDC announcing the ability to personalize offers through the travel agency channel, the first reaction from customer associations was their concern with data privacy. Of course, they knew that the entire e-commerce ecosystem already relied on customer data to personalize offers, starting with companies like Amazon. Personalization is a good thing for customers as it saves them time searching infinite inventories. Why spend time searching when a virtual assistant can guess your needs and send you the right offer at the right time? Of course, the line not to cross is data privacy, a concept now clearly defined in recent regulations such as GDPR. Leopold: The biggest hurdle to change is the mindset.

IATA Travel Pass adopts blockchain to secure travelers’ data

Four airlines have signed up to participate in the upcoming trial. British Airways and Singapore Airlines would begin the initial phase of the trial in February. The blockchain-based passport, also known as the IATA travel Pass, would help travelers have complete control over their data. The four major interactive features of the Travel Pass are; the digital passport module, a lab app, a global registry of vaccination centers, and a global registry of updated health details. The passenger owns their data and they share it with the airline. First Name:. Email address:. About Us. Contact Us.

Former IATA Director Dishes on Airline Distribution, NDC and Digital Growth

Here at Aviation Projects, we take a keen interest in emerging technologies and how they can help transform the Aviation industry. What has been on our radar for a while now is Blockchain technology, The use of this technology is being referred to as Web 3. What is a blockchain? The standard definition of a blockchain is a decentralised ledger. What this means in reality - a blockchain is a system of recording information which is essentially impossible to change or hack.

2020 worst year ever is history of aviation, air travel demand plunged by 65.9%: IATA

Blockchain is a means of establishing trust. Essentially, the integrity of a data chain is established at every link. And because it is both decentralized and secure, it could apply to any number of aviation operations. But the technology is divisive. Gorelik notes that there is nothing inherently difficult in applying blockchain to such environments, as it is simply a better way of recording and sharing data.

Airline body IATA develops mobile apps for COVID-era travel

When the EU announced its plans for a "digital green certificate" this month, the tourism industry breathed a sigh of relief that maybe summer could be salvaged. Since the onset of the coronavirus pandemic, the concept of a "vaccine passport" has been floated regularly. Once inoculated against Covid, a person could carry proof of vaccination that would allow them to travel or access services that are otherwise shut under lockdown. The EU's certificate, which avoids using the term "passport," would create a common digital system for Europe, likely in the form of a smartphone app, to prove vaccination, a negative test or that they have recovered from the virus. EU Justice Commissioner Didier Reynders said a common EU-wide approach to such a certificate would "gradually restore free movement" in the region. IBM is working with New York State on a digital health pass that uses blockchain technology to verify a person's test or vaccine credentials and Walmart, which is carrying out shots in its stores, recently backed calls for vaccine certificates. Apple and Google previously collaborated on creating standards for contact tracing in smartphones. The EU has suggested that the tech giants might collaborate again on these efforts with the World Health Organization, but the WHO has since denied this.

IATA releases blockchain whitepaper for airlines

Blockchain-based solutions for managing secure databases for the supply chain management of the COVID vaccine, along with IoT solutions such as real-time monitoring and asset tracking, hold the potential to ensure successful distribution of the vaccine. Their use in such a huge exercise can ensure optimum utilization of resources to save precious lives, without compromising on quality and safety norms. The mass distribution of any vaccine is a challenge.

More Middle East airlines face bankruptcy risks with each month of uncertainty: IATA

RELATED VIDEO: IATA travel pass for IOS system users

The need for businesses in the digital era to remain connected across the globe has rendered air travel a necessity for many, resulting in unprecedented passenger growth. The number of air travellers is set to double in the next few years, with a staggering 7. Not only is the number of passengers rising, but their attitudes towards air travel and their expectations from airports are also evolving. Airports are no longer considered to be merely entry and exit points, but hubs that must cater for all passenger requirements including parking, retail, banking and recreation.

Dossier: Blockchain of trust

In addition, Paysafe will serve to mitigate the high-risk nature of ticket payments for airlines and travel suppliers with the Paysafe safeguarding model embedded in its travel solution. We welcome the partnership with Paysafe to bring secure and innovative alternative payment methods to airlines, travel resellers and the travelling public. Lottery Daily Digital. Insider Sport Integrity. Media Rights. GamblingTV Interviews. Slot Beats Latest Slots.

Qatar Airways becomes first Mideast carrier to start trials of IATA travel pass

This led to the development of the IATA Travel Pass, which is being developed to enable users to conveniently share the information with the airport authorities, the government, and other bodies. Also, this verification app is being developed in accordance with the Self-Sovereign Identity SSI principles, meaning that the users can control their identity without intervention from authorities. The mobile application of IATA Travel Pass is scheduled to launch by March and will use blockchain to store the information securely. Blockchain is one technology that is essentially helping in the fight against the coronavirus.