Etihad Airways to Pilot Winding Tree Blockchain

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United Arab Emirate’s national airline has teamed up with a Switzerland-based blockchain startup to provide its internal information systems.Winding Tree, a decentralized business-to-business marketplace built on ethereum, will provide logistical support for Etihad Airways’ distribution system, according to a Reuters report on Thursday.The move will allow the airline to bypass third-party operators that currently manage its inventories – such as flight times, travel itineraries, and baggage tracking. Tristan Thomas, Etihad’s director of digital and innovation, told Reuters these third parties often provide an overpriced service.Pedro Anderson, Winding Tree’s chief operating officer, redoubled that claim and told Reuters:“Very few have chosen to disrupt the distribution world and that’s because those are major players with very significant margins that have acted to keep that kind of a closed shop,” said ThomasIn fact, Winding Tree provides real-time information systems for a number of airlines, hotels, and tourism offices around the world.In 2017, the…

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