Global Travel Intelligence company, Riskline, today announced a new partnership with Travlr ID, a decentralised identity and profile network built using blockchain and self-sovereign identity. The partnership will enable real-time risk intelligence to be integrated into Travlr ID’s platform, allowing users to receive immediate, location-specific alerts and advisories. Riskline is one of the world’s leading travel risk insights companies leveraging AI and professional analysts to process more than 100,000 data sources providing accurate and timely travel risk assessments.
Travlr ID’s technology empowers users to have full control of their data and decide which suppliers can access their information. By combining their capabilities with Riskline’s intelligence, the new solution will offer customised travel and insurance plans based on individual risk profiles and destinations. In addition to this, users will have unprecedented access to personalised safety information, emergency communication tools, and secure document management in one place.
The partnership will be rolled out in phases, with initial features focusing on integrated risk intelligence and emergency communication services which will be followed by personalised risk management plans and secure, decentralised document storage solutions. As the collaboration evolves, both companies will continue to work towards improvements and offer tools that respond to the changing needs of travellers and the wider industry. The partnership aims to foster a more efficient and safer global travel ecosystem.
As concerns increase about the security of personal data, there has been a steadily growing demand for alternatives to technologies that rely on centralised databases. A Starburst report, which included input from 400 companies based around the world and operating in different industries, showed that companies now average four to six distinct data platforms, and some as many as 12. This points to a growing shift from centralised to decentralised data infrastructure. A 2022 study found that tourists’ sense of safety about their travel destination has traditionally been ‘constructed under various space-time conditions,’ such as previous experiences, as well as their personal assessment of possible threats. Through this partnership, blockchain technology is leveraged with AI to offer customers a decentralised identity platform that is not managed by government authorities and provides real-time, reliable information so that travellers are informed about any potential dangers quickly and efficiently. This eliminates the need for individuals to conduct their own safety research, which can be time and potentially emotionally intensive.
Commenting on the new partnership, Kennet Nordlien, CEO of Riskline, said:
“We are proud to join forces with Travlr ID to redefine travel safety. In today’s world, where travel risks are increasingly dynamic and complex, our collaboration signifies a critical step towards proactive risk management. Travlr ID’s innovative use of blockchain technology will ensure that our intelligence reaches travellers in the most secure and efficient way possible, transforming how the industry approaches travel safety.”
Speaking about the collaboration, Gee Mann, CEO of Travlr ID, commented:
“Partnering with Riskline is a game-changer for us and the entire travel industry. By combining our decentralised identity technology with Riskline’s risk intelligence, we can offer a level of personalisation and security that was previously unimaginable. Our vision is to empower travellers with the information and tools they need to navigate the complexities of modern travel safely. This partnership is a giant leap forward in making that vision a reality.”
