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

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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