{"id":46174,"date":"2022-10-19T11:38:00","date_gmt":"2022-10-19T10:38:00","guid":{"rendered":"https:\/\/reedmackay.com\/can-blockchain-technology-work-for-business-travel"},"modified":"2022-10-19T11:38:00","modified_gmt":"2022-10-19T10:38:00","slug":"can-blockchain-technology-work-for-business-travel","status":"publish","type":"post","link":"https:\/\/reedmackay.com\/us\/can-blockchain-technology-work-for-business-travel","title":{"rendered":"Blockchain technology &#8211; where does it fit in the future of business travel?"},"content":{"rendered":"\n<p>Reed &amp; Mackay has released the first report in its new Thought Leadership series, designed to generate debate around key issues and topics affecting business travel management.<\/p>\n\n\n\n<p>Kickstarting with <strong><a href=\"https:\/\/reedmackay.turtl.co\/story\/blockchaintravelmanagement\/page\/1\">Blockchain in travel management: the emergence of a new tech era?<\/a><\/strong> the Thought Leadership series seeks to encourage wider industry conversations to reimagine the future of business travel, raise the profile of the buyer\u2019s voice and galvanise progress. The series\u2019 inaugural report discusses the potential of blockchain technology \u2013 currently best known for its role in cryptocurrencies \u2013 in booking and managing business travel.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Blockchain technology explained<strong> <\/strong><\/h2>\n\n\n\n<p>As the pace of blockchain technology adoption speeds up, it\u2019s been touted as a remedy for many of the travel industry\u2019s challenges. It could deal with mind-boggling complexity and transparency for trips, travellers and providers; help reconcile payments quickly and efficiently; and reduce dependence on intermediaries. <\/p>\n\n\n\n<p>With contributions from some of the brightest minds in the technology and travel sphere \u2013 including blockchain specialists Temtum Group; Navan, the leading, global cloud-based T&amp;E platform and parent company of Reed &amp; Mackay; and the Lufthansa Group, one of the largest airlines in Europe \u2013 Reed &amp; Mackay discusses the challenges the technology still faces in terms of wider adoption, how the business travel sector can learn from other sectors\u2019 blockchain adoption and where it\u2019s already being used effectively in travel.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Can blockchain technology work for business travel? <\/h2>\n\n\n\n<p>The report also explores how some companies are already actively rolling out blockchain solutions in the business travel sector and asks whether blockchain technology can offer something better in business travel than current solutions. We ask where is blockchain now in the hype and adoption cycle? Where is its real potential in the corporate travel sector and what can we learn from other sectors using it?<\/p>\n\n\n\n<p>Download the report <strong><a href=\"https:\/\/reedmackay.turtl.co\/story\/blockchaintravelmanagement\/page\/1\">here<\/a> <\/strong>to find out more about blockchain technology\u2019s potential role in the future of travel management.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">What do you think about blockchain technology<strong>?<\/strong><\/h3>\n\n\n\n<p><strong>Share your thoughts with us at <a href=\"mailto:hello@reedmackay.com\">hello@reedmackay.com<\/a><\/strong> <\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Enhancing personal service for clients<\/h3>\n\n\n\n<p>In addition to the new series of Thought Leaderships and upcoming White Papers, Reed &amp; Mackay has also recently launched its <a href=\"https:\/\/reedmackay.com\/reed-mackay-launches-responsible-travel-education-series\/\"><strong>\u2018Let\u2019s Talk\u2019<\/strong><\/a> series of educational briefings for clients.<\/p>\n\n\n\n<p>The first, which launched in September, was designed to support clients in building a more responsible travel&nbsp;programme<strong>.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reed &amp; Mackay has released the first report in its new Thought Leadership series, designed to generate debate around key issues and topics affecting business travel management. Kickstarting with Blockchain in travel management: the emergence of a new tech era? the Thought Leadership series seeks to encourage wider industry conversations to reimagine the future of&hellip;&nbsp;<a href=\"https:\/\/reedmackay.com\/us\/can-blockchain-technology-work-for-business-travel\" rel=\"bookmark\">Read More &raquo;<span class=\"screen-reader-text\">Blockchain technology &#8211; where does it fit in the future of business travel?<\/span><\/a><\/p>\n","protected":false},"author":19,"featured_media":41693,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","footnotes":""},"categories":[171],"tags":[173],"class_list":["post-46174","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-articles-us","tag-travel-us"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Blockchain technology - where does it fit in the future of business travel? | Reed &amp; Mackay<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/reedmackay.com\/us\/can-blockchain-technology-work-for-business-travel\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Blockchain technology - where does it fit in the future of business travel? | Reed &amp; Mackay\" \/>\n<meta property=\"og:description\" content=\"Reed &amp; Mackay has released the first report in its new Thought Leadership series, designed to generate debate around key issues and topics affecting business travel management. Kickstarting with Blockchain in travel management: the emergence of a new tech era? the Thought Leadership series seeks to encourage wider industry conversations to reimagine the future of&hellip;&nbsp;Read More &raquo;Blockchain technology &#8211; where does it fit in the future of business travel?\" \/>\n<meta property=\"og:url\" content=\"https:\/\/reedmackay.com\/us\/can-blockchain-technology-work-for-business-travel\" \/>\n<meta property=\"og:site_name\" content=\"Reed &amp; Mackay\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-19T10:38:00+00:00\" \/>\n<meta name=\"author\" content=\"Stephanie Seigle\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Stephanie Seigle\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/reedmackay.com\\\/us\\\/can-blockchain-technology-work-for-business-travel#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/reedmackay.com\\\/us\\\/can-blockchain-technology-work-for-business-travel\"},\"author\":{\"name\":\"Stephanie Seigle\",\"@id\":\"https:\\\/\\\/reedmackay.com\\\/us#\\\/schema\\\/person\\\/2e1fa8a9c9e38acac7c6fbb9f61f1fc6\"},\"headline\":\"Blockchain technology &#8211; where does it fit in the future of business travel?\",\"datePublished\":\"2022-10-19T10:38:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/reedmackay.com\\\/us\\\/can-blockchain-technology-work-for-business-travel\"},\"wordCount\":402,\"publisher\":{\"@id\":\"https:\\\/\\\/reedmackay.com\\\/us#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/reedmackay.com\\\/us\\\/can-blockchain-technology-work-for-business-travel#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/reedmackay.com\\\/wp-content\\\/uploads\\\/2024\\\/03\\\/Blockchain-technology-\u2013-where-does-it-fit-in-the-future-of-business-travel.jpg.jpg\",\"keywords\":[\"Travel\"],\"articleSection\":[\"Articles\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/reedmackay.com\\\/us\\\/can-blockchain-technology-work-for-business-travel\",\"url\":\"https:\\\/\\\/reedmackay.com\\\/us\\\/can-blockchain-technology-work-for-business-travel\",\"name\":\"Blockchain technology - where does it fit in the future of business travel? 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