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- Sunitha C (Sunitha C
- Sanjeeb Patel (Sanjeeb Patel)
Project Description (no more than 1,000 words including graphics)
LEAP – This platform is to provide solution to stakeholders in Travel Industry, be it travelers. airlines, hotels, or any other travel partners a way to enable them to reap the benefits of loyalty points that are with the travelers.
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- Consumers(traveler) easy and effective way of redeeming points, and
- Partners (airlines, hotels, agencies) and efficient mechanism to maintain the customer loyalty and make more business through upselling, cross-sell, etc
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Few Problems from the perspective of travelers
- Too many programs and they are not interoperable
- Management of the accounts and the rules on earning loyalty points are not clear
Few Problems from the perspective of partners
- The decreasing rate of redemption in loyalty programs,
- Tedious partner on boarding onboarding process,
- Loyalty program reconciliation currently happens periodically, and it may be time consuming
Currently, these are the reason the existing solutions are inadequate
- No open-source trustworthy real-time reconciliation process.
- No integrated platform that traveler travelers can use to consolidate their travel loyalty points
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- one for the consumer – through mobile / api API frontend. Providing them the ability to check the loyalty points accrued from various travels and providers. And also being able to redeem them
- one for the partners – be it the loyalty program owners like airlines, hotels, etc, or the partners where the points can be redeemed.
This product in blockchain offers decentralized, traceable, immutable, and Transparent solutionsolutions. And doing it in the Hyperledger platform provides the enterprise edge to the blockchain solution.
Minimum The minimum viable product would provide
Traveler - the ability for
- Creation of a traveler digital wallet to hold the points
- Earn Airline NFT – view that in the wallet
Partner side - the ability for
- Airline
- Register as a partner into the platform
- Create NFT for the loyalty reward
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Sanjeeb and Sunitha – have experience leading engineering team teams building travel software
The current team of two has the domain knowledge,
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In the first year, should be able to provide a platform where the airline can define their loyalty program in LEAP
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