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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. €

0

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.

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

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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