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Travel agency from Australia tests reservation of hotels via blockchain

A company from Australia, which deals with your reservation, has developed a system based on blockchain in partnership with Microsoft for their tasks.

Using the Azure platform from the technological giant Microsoft as the basis, Webjet created what they described as a way of "establishing independent documents and collaborating with them without the involvement of a trusted third party."

The company is now engaged in testing blockchain solution on live applications, several web services that they manage, and plans to expand their number in the next year. According to the Australian Financial Review newspaper, system testing began six months ago.

We note that the Webjet company accepts Bitcoin as a means of payment since the beginning of 2015. Webjet is a company whose shares are traded on the Australian Securities Exchange (ASX), which is also experimenting with blockchain application. Other companies in the tourism sector, including Airbnb, have already shown interest in this technology.

Now, company officials say that the main thing for them – it is a success and the expansion of a pilot project. John Guscic, the managing director of Webjet, said in a statement:

"We've simplified the booking process for travel agencies, which can become for us an additional business in the future, and the same technology can solve problems outside of the tourism industry."

Microsoft officials reminded that the elements of Webjet core can also be used for other tasks. "Working together with Webjet on the creation of their digital platform, we have created an innovative blockchain solution. The technology has the potential to transform not only the tourism industry, but also many other areas." Mark Russinovich, responsible for the implementation in Microsoft Azure technology, spoke about the project in this way.


  • November 18, 2016 4:11 PM MSK