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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.

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

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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