Clear Chain Travel offers technology solutions supporting travel providers through the combination of artificial intelligence, robotic process automation and blockchain technology to improve process efficiency, save money, and allow our clients to access markets that were previously cost-prohibitive.
Clear Chain Travel’s solutions introduce blockchain principles into the groups and meetings business process via smart contracts to standardize and improve transparency in back office activities such as financial settlements, transaction validation, and record-keeping.
In conjunction with the application of blockchain to those processes, CCT’s solution optimizes the business processes themselves via robotic process automation (RPA), creating cost savings, and increasing efficiency and accuracy to fundamental business activities. The application of smart contracts eliminates the role of rent-taking middlemen, improves trust and transparency, and lowers fees to both suppliers and distributors.Learn More
We all know the chilling effects of the major OTAs on innovation and new entrants to the global distribution ecosystem, and there has been a similar effect on suppliers of travel services that want to expand globally but cannot due to high fees for integrating with the major OTAs as well as critical business support processes such as credit card fees and other financial settlement and reconciliation activity.
CCT sees blockchain-based platforms as a solution to this problem, specifically by allowing more small hotels and providers of ancillary services such as local tours, city/beach/mountain activities, and restaurants, that do not currently sell on the global OTAs to participate in global online distribution.Learn More