{"id":1962,"date":"2017-02-03T10:49:27","date_gmt":"2017-02-03T10:49:27","guid":{"rendered":"https:\/\/blog.holytransaction.com\/?p=1962"},"modified":"2017-02-03T10:49:27","modified_gmt":"2017-02-03T10:49:27","slug":"webjet-blockchain","status":"publish","type":"post","link":"https:\/\/holytransaction.com\/blog\/2017\/02\/webjet-blockchain.html","title":{"rendered":"WebJet Blockchain project for travel bookings"},"content":{"rendered":"<p>Microsoft is working on the newest <strong>Webjet Blockchain<\/strong> project to allow users <strong>booking travels<\/strong> through the distributed ledger.<\/p>\n<p>Microsoft, in fact, is testing a blockchain <a href=\"https:\/\/holytransaction.com\/blog\/?s=proof+of+concept&amp;submit=Search\"><strong>proof-of-concept<\/strong><\/a> developed together with the Australian travel agency called Webjet for a pilot that will be ready during this year.<\/p>\n<p>During a speech given at the CoinDesk&#8217;s annual conference titled\u00a0<a href=\"http:\/\/www.coindesk.com\/tag\/construct-2017\/\">Construct 2017<\/a>, <strong>Cale Teeter and Eric Maino<\/strong>, or Microsoft senior software development engineer and technical architect, commented that they think that the project, which looking for make travel bookings \u00a0easier by using a blockchain-based system, will reach its development status during the next few months.<\/p>\n<blockquote><p><em>&#8220;Webjet wanted to see, instead of everyone running their own proprietary systems, a system that connects companies they own. They&#8217;ve been running their real data through it and they&#8217;ve been finding interest discrepancies in the business, and they&#8217;re hoping to expand it out,&#8221; said Maino.<\/em><\/p><\/blockquote>\n<p>Revealed <a href=\"https:\/\/news.microsoft.com\/en-au\/2016\/11\/08\/webjet-and-microsoft-build-first-of-a-kind-travel-industry-blockchain-solution\/#sm.0001tsdpebryqdjds7624h5k923qc#MJDkz8YthCqVVO8d.97\">in November<\/a>, the Webjet managing director <strong>John Guscic<\/strong>\u00a0explained that the online booking system has become apt to be developed thanks to the several systems used for its business projects including the hotel room wholesaling.<\/p>\n<blockquote><p><em>&#8220;Between five and 10% of bookings can be impacted or, in other words, up to $10bn-worth of transactions,&#8221;<\/em>\u00a0Guscic explained in a previous statement.<\/p><\/blockquote>\n<p>Microsoft is not new to blockchain-based project. Earlier this year, in fact, the computer well-known company revealed its project called <strong>Manifest for tracking products worldwide<\/strong>. <a href=\"https:\/\/holytransaction.com\/blog\/?s=microsoft&amp;submit=Search\">Read more by clicking here.<\/a><\/p>\n<p>Open your free digital wallet <a href=\"https:\/\/holytransaction.com\/app#!\/signup\">here<\/a> to store your cryptocurrencies in a safe place.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>Microsoft is working on the newest Webjet Blockchain project to allow users booking travels through the distributed ledger. Microsoft, in fact, is testing a blockchain proof-of-concept developed together with the Australian travel agency called Webjet for a pilot that will be ready during this year. 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