Although the travel industry is said to be in great need of digital innovation, according to Pablo Castillo, the CTO of the blockchain-based travel firm Chain4travel, “aviation is the most obvious sector to innovate with blockchain.” To support this assertion, Castillo, a former group CIO of Hotelplan Group, pointed to the aviation sector’s outdated technological infrastructures as well as its lack of standardized data.
Pablo Castillo on Blockchain and Travel
In written answers sent to Bitcoin.com News, the CTO also argued that the use of blockchain helps reduce fragmentation which at the moment is a defining characteristic of the travel industry. In addition, the use of this technology can also help bring “seamless operations across the industry.” However, much of how the technology can help reduce friction in the travel industry will depend on the agnostic nature of blockchain technology, Castillo argued.
When asked why he believes that the travel industry should have its o
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