DISTRIBUTED LEDGER TECHNOLOGY IN THE AIRLINE INDUSTRY: POTENTIAL APPLICATIONS AND POTENTIAL IMPLICATIONS

摘要

The objective of this article is to merge the growing phenomenon of distributed ledger technology with the airline industry. This article attempts to attain its objective by succinctly clarifying what distributed ledger technology truly is without explaining the minutest of its details. Further, this article seeks to achieve its objective by suggesting potential manners in which this technology could apply to the airline industry; this is an endeavour that, so far, does not seem to have been undertaken in a strict academic sense. Lastly, this article strives to link these potential applications to the empire of the law by shedding light on the legal implications that coidd arise from them. By attempting to achieve its objective in the manner laid down above, this article intends to both generate a discussion on the applicability of distributed ledger technology to the airline industry and encourage an influx of deeper studies on this innovative theme by lawyers, economists, and engineers alike.