Biztribution is building a blockchain solution where the tourism and transportation ecosystem.
Biztribution is a deep-tech game changer aimed at disrupting the current airline distribution market. It is a blockchain-based, fully decentralized distribution model for the air travel industry. We reinvent air distribution by avoiding overheads and intermediary costs and allowing more efficient operations in a collaborative, neutral, ecosystem-shared approach. According to the EU commissioner for Competition, ticket distribution costs are artificially high due to the GDS oligopoly, ultimately raising ticket prices for travelers. With biztribution, we reduce the total distribution costs.It enables a shared, community and collaborative model, in which all actors can provide and access content across a distributed blockchain network, through a push model that simplifies and minimises information flows, resulting in benefits that percolate to the whole industry.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
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Dec 2, 2020 | Grant | €250K | — | — | — | Detail |
Jun 1, 2020 | Seed | $55K | 1 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
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European Commission | — | Seed |