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Webjet moves early with Microsoft to create first blockchain for hotel bookings

Paul Smith
Paul SmithTechnology editor

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ASX-listed online travel firm Webjet has taken the first steps towards making hotel bookings on blockchain technology, in what it claims is a world first in its sector.

The company has completed a six-month project behind closed doors with technology giant Microsoft to create a proof of concept, which it says has the potential to transform the way the travel industry processes and manages online payments for hotel bookings.

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Paul Smith edits the technology coverage and has been a leading writer on the sector for 20 years. He covers big tech, business use of tech, the fast-growing Australian tech industry and start-ups, telecommunications and national innovation policy. Connect with Paul on Twitter. Email Paul at psmith@afr.com

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    Original URL: https://www.afr.com/technology/webjet-moves-early-with-microsoft-to-create-first-blockchain-for-hotel-bookings-20161104-gshwra