Aruba to use blockchain against travel monopolies

Aruba has partnered with Winding Tree to explore blockchain and keep tourism revenue from world travel companies
04 December 2017   458

Aruba is a tiny Dutch Caribbean island off the coast of Venezuela which is largely dependent on tourism. But with the travel industry dominated by the companies like Expedia and Priceline - a significant amount of Aruba's tourism revenue gets shipped offshore.

The ATECH Foundation, the organization responsible for fostering the island's technical development, is looking for a way to solve the problem by working with Swiss startup Winding Tree on a blockchain marketplace for travel booking. The ATECH Foundation intends to use Winding Tree's platform, built on ethereum's public blockchain, to connect tourists directly with travel suppliers without all the middlemen.

However, It is not the first blockchain project of Aruba. Now the island is exploring its own digital fiat with cryptocurrency startup Bitt, and Aruba’s Central Bank believes this could boost the island’s GDP.

Genesis Conference to be Held in London

Genesis Conference will cover research and development, regulation, economics and applications issues, taking place in London on February 22
22 February 2018   68

Genesis London Conference will take place on February 22, tackling the most pertinent issues in blockchain space: research and development, regulation, economics and applications.

Genesis London is a platform for researchers, developers and generally anyone interested in blockchain, and its priority is to share knowledge, facilitate productive discourse and filter out the hype.

Location: The CityPoint building, 1 Ropemaker St, London, EC2, UK
Date and time: 9:30AM - 8PM, February 22, 2018

The agenda of the conference includes Privacy and Confidentiality Techniques for Blockchains; Permissioned Business Blockchain Applications and Use-cases; Scalable, Transparent and Post-quantum Secure Computational Integrity, with Applications to Cryptocurrencies; A Rational Protocol Design Treatment of Bitcoin, and more.

The headline speakers include Patrick de Laive, co-founder of TNW; Margarita Khartanovich, head of insight at Binary District; Jack Gavigan, chief operating officer at ZCash; Jeremy Kahn, technology writer for Bloomberg, and many more.