Lufthansa Systems and SWISS Explore Blockchain for Future Travel Solutions

Key Takeaways

A Web3 hackathon held in Frankfurt assembled 13 teams to develop operational blockchain solutions aimed at revolutionizing the travel sector.
This competition led to the development of decentralized identification systems, cooperative group reservation tools, and additional innovations.
Some leading travel companies are already utilizing blockchain technologies.

At a recent hackathon held in Frankfurt, travel and technology firms collaborated to create innovative solutions.
blockchain tools
And solutions for the travel sector, which they claim might drastically alter the way flights and travel services are booked, paid for, and handled.

Hosted by Lufthansa Systems and SWISS in collaboration with the Camino Network Foundation, this 48-hour competition brought together 13 teams to develop innovative solutions for various challenges.
blockchain
travel.

Real-World Travel Applications

As stated in a press release distributed to , the hackathon tasked participating groups with developing real-world applications for blockchain-based travel solutions using the Camino Network.

The Camino Network is a publicly accessible, permissioned blockchain tailored exclusively for the travel sector. This platform aims to revolutionize the industry by facilitating direct connections between service providers such as airlines and travel agencies and their customers using decentralized technology.

You’ll Want to Check This Out

Exchanges
Best Crypto & Bitcoin Exchanges in 2025
Crypto
How to Buy Cryptocurrency in 2025
Exchanges
Best Safest (Most Secure) Bitcoin and Crypto Exchanges in 2025

Hackathon challengers focused on creating new avenues for travel-focused payment methods, CO₂ offsetting, and personalized group travel.

Currency exchange firm Unimoni created a system that integrated 300,000 non-IATA travel agencies in India into the Camino Network, including local payment methods. The team said this opened up vast new market potential at significantly lower costs.

Meanwhile, SWISS and its Digital Hangar unit created a solution that enhanced Travel-ID with
Web3 wallet
integration.

The system facilitates the handling of digital credentials, vouchers, and various real-world assets. Such decentralized identity management seeks to provide greater security and adaptability for both airlines and travelers.

The Hotelplan Group, a prominent European travel company, created a collective reservation system enabling individuals departing from various places yet converging at the same location to make bookings collaboratively while handling payments individually.

Future Potential

The outcomes of the hackathon were designed to demonstrate blockchain’s potential to enhance accessibility and flexibility within the travel sector.

Michael Woelcken, who serves as a project manager at SWISS and was one of the primary organizers behind the hackathon, commented:

The business prospects for this technology are encouraging – particularly due to quicker and more effective collaboration alongside considerably lowered dissemination expenses.

He further stated that it is now the responsibility of the industry to advance these innovations and transform them into viable, commercially ready solutions.

As stated by Pablo Castillo, the CEO of Chain4Travel, Hotelplan’s group payment service has the potential to result in cost reductions of up to 98% along with enhancing sustainability by as much as 50%.

Travel Industry and Blockchain

The travel sector has begun exploring blockchain technology as a means for innovating within online travel services.

The major German travel company TUI employs a blockchain-powered platform known as BedSwap.
verify and locate
real-time hotel bed inventory across different markets.

The system removes the requirement for TUI to use any external parties, like
Expedia
, and streamlines its method of providing hotel accommodations.

In 2018, Friedrich Joussen, who previously served as the CEO of TUI Group,
claimed blockchain
was “the next internet.”

In the meantime, platforms such as GOeureka, which focus on blockchain technology, aim to decentralize the system.
hotel booking process
, avoiding hefty booking fees charged by major online travel agencies.

For air travel and data management, firms such as blockchain company FlightChain are focusing on consolidating flight details using a shared digital ledger.

The objective is to eliminate conflicting data silos from multiple sources in order to offer more precise information to clients.