HTNG has launched a new workgroup to identify a basic knowledge framework for understanding blockchain and assessing where blockchain can be applicable in hospitality.
Blockchain involves growing lists or records which are connected and secured to one another through cryptography. The transparency and inability to corrupt the chain is what makes this model so appealing to the public today. The hospitality industry has limited knowledge of blockchain technologies, including the technical capabilities, the variations in form, the governance models, the use cases and where it may or may not provide value to hospitality enterprises.
The Blockchain for Hospitality Workgroup will construct a basic framework for understanding blockchain, separating fact from hype and evaluating where in hospitality blockchain is applicable. The workgroup will work in two phases to first develop an educational white paper and then create a webinar series and an online registry.
The kickoff teleconference for Blockchain for Hospitality will be held on November 30, 2017 at 10:00 CDT. To sign up, HTNG members can visit the Blockchain for Hospitality Workgroup page and log-in to join.
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