ATPCO and Blockskye have released a white paper that explores key features of its blockchain and the application to airline distribution, the company said.
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 Association´s (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 SITA´s global IT infrastructure, between airlines and travel sellers so that they can exchange messages easily and cost-effectively.
The Airline Tariff Publishing Company (ATPCO) is a privately held corporation that engages in the collection and distribution of fare and fare-related data for the airline and travel industry