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CAPA TV | January 24, 2019

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Winding Tree Awarded The CAPA Innovation Of The Year

CAPA
  • On December 13, 2018

This award is given to the airline, airport or supplier responsible for the most powerful innovation in the industry over the past 12 months.

Winding Tree was selected for developing innovative blockchain technology for the travel ecosystem.

Winding Tree is a non-profit foundation that drives the development of open-source protocols to allow any company, big or small, or even an individual developer, to try them out and integrate with its blockchain-based decentralised open-source travel distribution platform.

Blockchain is one of the buzzwords of today and could help replace older legacy technology across the travel and air transport sectors. Winding Tree has already secured agreements with the likes of Air France-KLMAir New ZealandLufthansa and Swissport as it works to develop blockchain technology for the industry.

“Blockchain is being used globally to build encrypted, shared platforms, providing a secure and efficient way to track the exchange of goods or information,” Mr Harbison said. “Winding Tree plans to open the door for innovation in the travel industry.”

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