DULLES, Va., Sept. 05, 2018 (GLOBE NEWSWIRE) -- ATPCO and Blockskye today released a whitepaper describing the key features of blockchain and its applicability to airline distribution. In addition, the companies, along with SITA, announced a proof of concept (POC) on blockchain and how it could potentially be utilized in next-generation airline offer management. As part of this POC, ATPCO, Blockskye, and SITA are advancing a discussion on how the industry might create value for the market using decentralized airline offer generation based on International Air Transport Associations (IATA) New Distribution Capability (NDC) and ONE Order initiatives. The concept would enable airline and channel partners to handle the exponentially increasing volumes of data accurately and securely. The POC leverages NDC Exchange, built by ATPCO and SITA, because it is a neutral platform that facilitates real-time connectivity, on SITAs global IT infrastructure, between airlines and travel sellers so that they can exchange messages easily and cost-effectively.
Uniquely positioned at the center of the airline distribution ecosystem, ATPCO enables seamless management of the airfare data that makes our entire industry run more efficiently. We hold more than 189.6 million fares for 439 airlines in 160 countries and manage an average of 5.3 million daily fare changes. Because ATPCO is owned by airlines, we serve as a neutral and trusted partner for our airlines with travel agencies, search engines, global distribution systems, governments, and many other industry partners. Every day, these organizations rely on our thought leadership and portfolio of technology and data solutions to help millions of travelers get where they need to go. Learn more about us at atpco.net.
Blockskye is the founding travel member of the Enterprise Ethereum Alliance. We develop on STRATO with BlockApps, the leading provider of enterprise solutions in Ethereum. Our solutions are custom, scalable, and designed for integration across the Ethereum ecosystem.
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