Hotels struggle to attract travelers to their dedicated booking page and travelers have no control over personal data
Decentralized traveler ID gives travelers control over their data when booking a hotel and provides efficiency for travel websites
This is the total amount allocated to Ecosystem of Hotels on Cardano.
Background
Government and travel-related solutions (travel websites, tour operators, booking engines, hotel property management systems, review systems, CRM, loyalty systems) are spending enormous efforts to capture traveller information and at different stages of the journey.
This information is used by the systems to give the traveller the best experience but also for compliance with authorities.
The traveler has to share the same information multiple times which is time-consuming, he/she does not have any control over their personal data and how it is being saved and treated.
Service providers such as hotels need to integrate this content from various sources and invest heavily in integration systems and CRMs. This creates an additional risk for service providers from not “owning” the customer experience and not being able to assure the privacy and security of their customer data.
The solution
Our vision is to create a Traveller Identity that can be used across the hospitality ecosystem. The attached image shows the various traveller journeys possible when booking hotel rooms. It is a simplified version as there could be many more cross-connection.
Our group is filing a series of proposals that would result in the most comprehensive decentralised hospitality booking ecosystem on the market. See below a checklist of the planned Traveler ID integrations and our progress:
This collaboration will be the showcase that integrating traveller ID is possible across the multiple booking opportunities for the traveller. It will then incentivise discussions with the industry actors about blockchain implementation and will position Cardano as a leader in the field.
In Fund 8 we proposed and got funded to showcase that we can connect travellers ID with hotel booking engine website. The project is progressing very well and we expect to finalize it by the schedule suggested if not before.
This proposal focuses on extending the impact of our F8 proposal by convincing 10 of Rate Tiger’s new and existing hotel clients to adopt the Traveler ID plug-in.
Our objective with multiple proposals is to showcase and build the infrastructure to be able to connect Traveller ID to all the various booking sources and up to the hotel PMS - property management system.
Our focus in this proposal
Our work in this proposal is split into two parts:
Compile and qualify a list of hotel targets and follow structured marketing and sales plan to convert at least 10 targets into active customers.
Implement the Rate Tiger Traveler ID plug-in with every converted customer and provide onboarding support.In the promotional activities for these new customers, we propose to incentivise the first 50 travellers per Hotel to adopt the Traveler ID solution with a $20USD in ADA payment. This has the added benefit of also helping to drive new customers for the hotels and new users for Cardano.
We can make some estimates about the MVP and pilot based on our knowledge of the market:
Our MVP will focus on a narrow and needed solution for travellers and hotels: integration of decentralised ID interactions into an more hotels process, enabling one-click form filling and efficient booking completion.
The solution has the potential to achieve a completely new form of handling for traveler information within the hospitality industry.
As per the workflow proposed in our F8 proposal, the Rate Tiger integration offers the following flow:
The approximate workflow is as follows:
Future stages:
Business model
Once the model is established and more hotels will start adapting the solution, hotels will pay a licence fee (monthly or annual) which is a common model for technology services in the hospitality industry.
How we will do this:
The integration with Rate Tiger booking engine will be production-ready by end-July, with a test integration ready sooner.
The solution is enabled by the combination of technologies from Atala PRISM, ProofSpace and eRevMax.
The combination of these technologies and the project team’s existing large hospitality network and customer base gives this proposal a high chance of success and scale.
Impact of this proposal
The impact will be proving the integration of reusable decentralised ID within a hotel booking process and the technology cycle from traveller ID creation to booking confirmation.
b.1. Impact For Travelers
In the big picture, a traveler identity will be structured as a multi-layer credential to allow for the fulfillment of a range of possible transactions. Travelers can use the ProofSpace App, enabled with Atala PRISM credentials, to manage their credentials and complete interactions with third-party services.
Travellers will actively provide their consent for the data sharing and complete the transaction with a single button on their phone.
Each time they reuse their multi-layer decentralised ID, they save time, claim greater control of their privacy and expand their personalised Traveller Identity Ecosystem - a network of services that aggregate around them and their preferences.
b.2. Impact For Hotels
Hotels can offer an improved booking experience to their customers, a unique value proposition to privacy-minded travelers and a way to attract new customers to their website.
In the future, we can relate and connect hotels to other services in the Cardano ecosystem such as wallets or travel NFTs and enable ada payments for participating hotels.
Some possible interactions for hotels include enabling the traveller to:
Through these interactions several internal goals can be achieved by the hotel
Each time the traveller uses their reusable traveller ID, the hotel provides them a better customer experience while creating a direct connection with the traveller for their future travel needs.
b.3. Impact For the Cardano community
Reusable ID for international travel represents a current market opportunity of $1bn, expected to expand to $4.82b by 2026 (Liminal 2022, https://liminal.co/reports/market-opportunity-for-reusable-identity/). This proposal unlocks the potential for Atala PRISM credentials to become the dominant credential format used in the travel sector, and will immediately start driving new users and transactions to Cardano through ADA incentive and use of PRISM credentials.
Business model:
A small commission from each booking will be paid for the service, which is a common model for technology services in the hospitality industry.
From the challenge:
What dapps, products and integrations can be implemented to bring impactful use cases to Cardano ecosystem that help drive more adoption?
From the challenge: Cardano needs a thriving ecosystem of different Dapps, products and integrations for the community to use that increasingly become the better alternatives over current centralized providers. The more interesting and useful the products and integrations are that can be built in the ecosystem the more reasons people have to interact with the Cardano blockchain that can help further drive more adoption, feedback, growth and even
The suggested proposal will deliver a PoC of a multiple hotels are using digital ID in their booking process. It is a specific use case that is typical for the hospitality industry and that could be replicated into a potential $4.8b market (Liminal 2022). The team has the experience and network to scale such a solution and integrate it with B2B relevant systems. If successful, this use case would drive significant usage of PRISM credentials in the hospitality industry. The lessons and insights gathered through this proposal would offer a set of principles for how SSI can be effectively introduced to this vertical.
A major part of the proposal is about giving people a set of portable “Traveller ID” credentials which they can carry around with them and use to complete travel related transactions and requirements.
From the challenge: Ecosystem maturity requirements - Why is this product or integration suitable for execution right now?
The hospitality industry is a massive one and inspires each and every one of us. Blockchain technology could be a major part of creating a new type of booking experience. However, not all the Cardano technology infrastructure is ready. This is why we choose a modular approach where we are first mak POC of the integration with the booking engine and not aiming to get 10 hotels to use the solution and coordinated by two expert companies Proofspace and eRevMax. It will enable us to start working on this important industry, creating use cases, and traction, and provide more technology solutions as they come available. This is the first step of many to bringing blockchain technology to this important industry.
Tasks
Deliverables & Milestones
Aug/Sept
Oct
Nov
Dec
Jan
Feb
Other proposals in this and past funds:
ProofSpace is involved in a number of F8 and F9 projects and manages the workload as follows:
eRevMax is a technology integration company for the hospitality industry for the last 20 years and the work in this proposal and other related proposals is in line with it standard activities
Here is a link explaining workload management.
For this proposal, Yoram and Connectivity will mainly serve as project admin lead & coordinator
Below is a detailed budget per task
A rate of $100/ hour is applied.
$10,000 of the budget will be assigned as promotion to onboard uses 500 x $20USD in ADA
eRevMax technology team, mostly based in India, including Cotland and Java developers (related to Atala Prism software)
eRevMax is a leading travel B2B integration technology company, founded over 20 years ago and was a leading innovator in many of the industry state of the art solutions such as rate shopping tools and channel managers. The company had over 1000 technology integrations (i.e. travel websites, booking engines, property management systems) and is being used by hotels across the globe.
For more info visit https://www.eRevMax.com or view the following link
https://www.erevmax.com/resources-download/RateTiger-CRS-BI-Flyer.pdf
ProofSpace is a multi-network identity platform, wrapped with no-code tools for building and scaling decentralized ID workflows and ecosystems. Our goal is to eliminate the barriers to adopting Self-Sovereign Identity (SSI) and proliferate the range and volume of use cases on production. Our vision is to power global digital inclusion and cross-chain commerce with interoperable verifiable credentials, and in so doing expand use of blockchain as a medium of trust. We are live with Hyperledger Indy, on testnet with Atala PRISM and reviewing SSI protocols on Polkadot, Ethereum and Solana. LinkedIn | Twitter | YouTube | Knowledge Base
The key members of the ProofSpace team supporting this proposal include:
- Connectality - Yoram Ben Zvi, an industry expert with 20 years of experience in the travel technology and leisure industry as an entrepreneur as well as COO at eRevMax. As part of his role, Yoram was responsible also for sales & marketing for hotels and partnerships with hospitality technology companies (OTAs, booking engines, review systems and more)
https://www.linkedin.com/in/yoram-ben-zvi-446836/. Yoram is also an active catalyst community member as CA, successful proposal, and active in Cardano4Climate community
Our goal is to develop a solution with a clear business model that is adapted to the hospitality industry. In our multiple proposals, we are building the framework and infrastructure for the hospitality industry connectivity to DID on Cardano. In the future, we might apply again for funding especially to scale and introduce more technology solutions by Cardano into the hospitality industry. For example ADA payments, smart contacts with travel agents, rewards systems, and more. All important use cases for Cardano adoption.
Measurement of the project progress will directly align with the Deliverables & Milestones identified above.
The following milestones will be shared with the Catalyst community through community channels and/or monthly reports:
The community will also be aware of the hotels that implemented the solution so it will be possible to follow the implementation and progress.
The key success factor will be having more hotels using Cardano technology. The travel industry is a major one and this proposal gives Cardano a big step forward in claiming use cases and transaction market share. The success of this proposal will be to showcase the technology and initiate a discussion with other travel technology players about what is possible with blockchain technology.
Success in this proposal will be measured by the number of integrated hotels and the number of travelers who have used the Traveler ID plug-in. Long-term proposal success will be measured by the growth of those figures month-on-month.
For this proposal:
ProofSpace is integrating Atala PRISM credentials into its platform through its F7 proposal (see https://cardano.ideascale.com/c/idea/385204).
Fund 8: TravelerID, https://cardano.ideascale.com/c/idea/399697
Combined 35 years in hospitality tech, 1000+ hotel system integrations, 80+ yrs full-stack dev & proven record in decentralized ID