Friday, November 2, 2018

Travelport to Implement IBM Blockchain


John Teltsch has worked in sales, marketing and executive roles at IBM for 37 years. As general manager of IBM’s Partner Ecosystem division, John Teltsch engages with thousands of global partners in the areas of AI and cloud-based technologies. 

IBM is leveraging its AI and Blockchain technologies in new ways in the travel and hospitality industry. In October 2018, IBM and Travelport, a travel commerce platform, announced a new conceptual project that will use IBM’s existing Blockchain technology to seamlessly integrate the delivery of unique travel options between agencies and other industry stakeholders. 

In the past, travel agencies and travel managers have had difficulty creating a streamlined settlement process because of the different supply entities involved in travel planning. Using IBM’s Blockchain, however, Travelport will make it easier for travel agents to access information and bill customers in a centralized way so they can more efficiently craft travel plans and itineraries for their clients.