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Biztribution

Towards a fully decentralized distribution for next generation of travel and tourism distribution

Total Cost €

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EC-Contrib. €

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Partnership

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 Biztribution project word cloud

Explore the words cloud of the Biztribution project. It provides you a very rough idea of what is the project "Biztribution" about.

25m    pressure    global    decentralized    generation    ing    travel    industry    customers    reinvents    company    contents    air    successful    market    network    collaborative    avoiding    companies    truly    poses    additionally    constrains    distributed    cumulative    ways    gdss    innovation    concentrated    content    limiting    convey    de    selling    elevated    revenues    fees    last    offers    individual    translating    profitability    customer    currently    creation    revolutionary    airline    shared    tickets    estimate    percolate    ed    dominated    create    unchanged    tourism    intermediaries    ledger    biztribution    gds    booking    actors    48    flexibility    benefits    overheads    operations    oligopoly    remarkable    oriented    airlines    recover    centric    scenario    retailing    markets    model    positions    roi    governance    blockchain    imposed    shift    leveraging    efficient    88    transactions    job    obsolete    understand    commoditization    paradigm    lacks    parties    think    2023    automated   

Project "Biztribution" data sheet

The following table provides information about the project.

Coordinator
BUSINESS DISTRIBUTION BLOCKCHAIN SOLUTIONS S.L. 

Organization address
address: CL. NAYIM 6, 7 E
city: Zaragoza
postcode: 50007
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Spain [ES]
 Project website https://www.biztribution.net/
 Total cost 71˙429 €
 EC max contribution 50˙000 € (70%)
 Programme 1. H2020-EU.3. (PRIORITY 'Societal challenges)
2. H2020-EU.2.3. (INDUSTRIAL LEADERSHIP - Innovation In SMEs)
3. H2020-EU.2.1. (INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies)
 Code Call H2020-SMEInst-2018-2020-1
 Funding Scheme SME-1
 Starting year 2019
 Duration (year-month-day) from 2019-08-01   to  2019-11-30

 Partnership

Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 
1    BUSINESS DISTRIBUTION BLOCKCHAIN SOLUTIONS S.L. ES (Zaragoza) coordinator 50˙000.00

Map

 Project objective

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 constrains imposed by GDSs, to convey in an adequate way individual offers, limiting innovation and new markets creation in an evolving industry oriented towards air retailing. biztribution reinvents the industry by creating a new revolutionary automated and simple distribution model for the air travel and tourism sector. Based on blockchain Distributed Ledger Technology, we enable airlines to recover governance over their content and customers, creating a shift of paradigm towards a fully decentralized scenario in which flexibility and de-commoditization are achieved, translating into more efficient operations and significant reduction of distribution costs by avoiding overheads and intermediaries. At biztribution we think forward about new ways to understand travel and tourism industry, leveraging technology to create a customer-centric scenario. Our aim is to enable a truly new distribution model based on a collaborative, shared and decentralized model, in which all actors can provide and access content across a distributed blockchain network, resulting in benefits that percolate to the whole industry For us, the successful implementation of biztribution will have remarkable impact in our company. We estimate, it will bring cumulative revenues of €48,25M by 2023 involving the generation of more than 100 new job positions, achieving a project ROI of 3,88 by 2023.

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The information about "BIZTRIBUTION" are provided by the European Opendata Portal: CORDIS opendata.

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