Study of blockchain in the airline business
Tutor / director / evaluatorLordan González, Oriol
Document typeMaster thesis
Rights accessRestricted access - author's decision
The main objective is to understand if blockchain technology is necessary or applicable to airline industry. Blockchain is a growing technology that started in 2008, seeking economy stability. This technology began with fundamentals on encryption, trust and mathematical functions that previously existed. In the following chapters, the lector will be able to understand how a simple major data book can disrupt different areas within a company. The possible uses that this and other technologies can bring to any industries just depends on the company willingness to change and to be innovative. The lector will be able to find approaches to different technologies. Artificial Intelligence, Smart Contracts, and biometrics and blockchain technology. Technologies are expensive at the implementation phase. These are time consuming and requires the proper training. User interface is one of the most important things that a developer and that the companies needs to consider. How the user and the workers needs something easy to use and to work with. This work defines implementation costs based on market salaries, Vueling internal information, IT department requirements and third parties proposals on different projects for the company. As a result, Vueling is working with some solutions to improve the airline business. In conclusion, blockchain is a strong technology in its starting phase. The costs of implementation changes depending on how willing is the company to create a new department on blockchain technology and innovation or to hire third party companies. Different airlines are now studying blockchain technology and the possible uses of it. Vueling is a company that seeks for new technologies and applications. The application of blockchain is just the beginning on how the technologies will change the way we live.
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