Lufthansa kicks off first Aviation Blockchain Challenge
Lufthansa Innovation and SAP.io Berlin Foundry kick off the first Aviation Blockchain Challenge worldwide in order to explore potential opportunities and drive adoption of Blockchain technology in the airline industry.
The main objective of the collaboration is to attract the world’s most talented blockchain entrepreneurs by providing an environment to experiment with new business models.
“Combining Lufthansa’s innovation ecosystem and massive industry expertise along with access to SAP technologies, application programming interfaces and mentorship will enable us to jointly identify innovative use cases that have the potential to disrupt the airline industry,” the official announcement says.
Our @LHInnovationHub joined forces with @sap_iO to kick-off the first Aviation Blockchain Challenge worldwide! Apply now if you believe you can disrupt the aviation industry with your Blockchain-based solution! https://t.co/8RW500iMx4 #ABC2018 https://t.co/OGBzU6w4T6 pic.twitter.com/U9KiFUQUK6
— Lufthansa News (@lufthansaNews) July 18, 2018
The Blockchain Aviation Challenge is divided into 3 categories: the Airline Challenge, the Traveler Challenge and the Supplier Challenge.
The aim of the Airline Challenge is to make airline operations flawless and more accurate. The Traveler Challenge seeks to promote solutions which make the travel experience more efficient and convenient and the Supplier Challenge is for ideas that enhance transparency of supply chains and maintenance, which are important factors of safe and reliable operations of airlines.
You can find the application form, as well as more information on the prices and rules here. The deadline to apply is August 31.
Thorsten Dirks, CEO Eurowings, Board member Lufthansa Group said:
“Blockchain is one of the game-changing technologies of our time, which we are systematically addressing as part of our digital strategy for the Lufthansa Group. 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”.
“With our industry leading SAP Leonardo Blockchain platform and Lufthansa’s market leadership and expertise in Aviation, we can foster a new innovation ecosystem that can potentially transform the entire travel industry,” Deepak Krishnamurthy, Chief Strategy Officer & Executive Vice President of SAP added.