Lufthansa & SAP Aviation Blockchain Challenge for entrepreneurs

In Jul-2018 Lufthansa and the software company SAP launched the Aviation Blockchain Challenge. The two organisations are seeking ideas from entrepreneurs for blockchain-based solutions in three areas: the passenger experience, airline operations and processes, and maintenance and the aviation supply chain.

The idea contest is the joint initiative of the Lufthansa Innovation Hub, the Berlin-based technology incubator of Europe's biggest airline group, and SAP.iO Berlin Foundry, the software company's accelerator focusing on machine learning and artificial intelligence.

Blockchain technology is starting to find applications in other industries and has the potential to have a transformative impact on the aviation industry, particularly in business processes and supply chain management.

However, aviation is not yet as advanced in the development of the decentralised networks enabled by blockchain. There are already a number of other blockchain initiatives in the aviation industry, but the Lufthansa/SAP Challenge is aimed at accelerating the development of the technology's potential.