/Breakthroughs in Blockchain Technology for Travel Industry

Breakthroughs in Blockchain Technology for Travel Industry

DMG Productions educations on recent developments in blockchain and travel technology.

Jupiter, FL— The award-winning series, Innovations w/Ed Begley Jr., will explore the latest advances in blockchain technology as it relates to the travel industry. This episode is scheduled to air during first quarter 2018 on FOX Business. Check your local listings for more information.

Due to core inefficiencies of the Internet, the travel industry is highly concentrated on the distribution front. The need of a trusted party on the Internet allowed intermediaries to concentrate the sector and raise the barrier of entry for new startups. In travel, consumer-facing intermediaries often source their inventory from other B2B intermediaries causing double marginalization and inflating the prices.

This segment of Innovations will focus on how Winding Tree is building a decentralized alternative to the current concentrated travel distribution landscape; one where anyone can access inventory directly from the suppliers.

“Winding Tree is empowering small players to compete against the current dinosaurs holding back innovation in travel distribution. Prior to the blockchain it was impossible to create this open marketplace without the risk of monopolization,�? said Pedro Anderson, Founder of Winding Tree.

“The travel industry is particularly suitable for a decentralized marketplace as the suppliers are experts in what the blockchain cannot provide: customer service, and arbitration,�? said Michael Devine, Senior Producer for the Innovations series. “We look forward to enlightening audiences about this technology.�?

About Winding Tree:
Winding Tree is building a decentralized alternative to the current concentrated travel distribution landscape where anyone can access inventory directly from the suppliers.

For more information, visit: www.windingtree.com.

About Innovations and DMG Productions:
Innovations, hosted by award winning actor Ed Begley, Jr., is an information-based series geared toward educating the public on the latest breakthroughs in all areas of society. Featuring practical solutions and important issues facing consumers and professionals alike, Innovations focuses on cutting-edge advancements in everything from health and wellness to global business, renewable energy, and more.

DMG Productions (responsible for creating the Innovations show) includes personnel specialized in various fields from agriculture to medicine, independent films to regional news and more. Field producers work closely with experts in the field to develop stories. This powerful force enables DMG to consistently produce commercial-free, educational programming that both viewers and networks depend on.

For more information visit www.InnovationsTelevision.com or call (866) 496-4065.

2018-03-19T18:35:17+00:00