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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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 Outcomes and results

 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.

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

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.

Are you the coordinator (or a participant) of this project? Plaese send me more information about the "BIZTRIBUTION" project.

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

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