In this inaugural episode of the FiftyOne Ventures podcast series, Marc Baumann explores the intersection of travel and blockchain with guest Steffen Boller, Dir. of New Business Ventures at Lufthansa Innovation Hub.
They dive into the workings of Uptrip, Lufthansa’s groundbreaking loyalty program that leverages Web3 technology to gamify and personalize travel rewards.
Boller shares insights into the creation process of Uptrip, strategies for integrating Web3 into traditional business models, and the potential future impacts of blockchain on the travel industry and beyond.
Uptrip rewards you every time you fly, with digital trading cards. A new way to get multiple privileges like free in-flight Wi-Fi, Lounge Access and Upgrades. Start collecting cards and turn your trips into collections of experiences – stored for eternity on the blockchain. Every collection requires different cards to complete and will reward you with a unique reward for your next trip.
They also discuss the challenges of pioneering Web3 projects in established corporations and the importance of creating meaningful, user-centric Web3 applications for widespread adoption.
Agenda
00:26 Exploring Uptrip: A Web3 Loyalty Program by Lufthansa
01:18 Inside the Lufthansa Innovation Hub: Fostering Digital Transformation
02:34 The Genesis of Uptrip: Merging Blockchain with Loyalty Programs
03:51 User Experience and Community: The Heart of Uptrip
10:59 Navigating Web3 in Corporate Settings: Challenges and Strategies
15:26 Evaluating Success and Future Directions for Web3 in Travel
21:37 Lightning Round: Quickfire Questions with Steffen
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