26 June 2017

HFTP Announces Blockchain Technology Task Force

Industry Experts Invited to Participate

  • HFTP Announces Blockchain Technology Task ForceHFTP Announces Blockchain Technology Task Force

Toronto, Ont. Canada -- Hospitality Financial and Technology Professionals (HFTP®) announced today that it is organizing a Blockchain Technology Task Force to prepare for the technology's future impact on hospitality. The task force will be chaired by Lyle Worthington, CHTP, CIO of The Student Hotel and the 2017 HFTP Global President.

"Blockchain technology has been predicted to have the greatest impact on the future of the world economy," said Frank Wolfe, CEO of HFTP. "As the industry's nonprofit brain trust on finance and technology, it is incumbent on us to address the issue before blockchain reaches maturity and assembling a task force is the first step."

This week HFTP is hosting the 45th HITEC® (Hospitality Industry Technology Exposition and Conference - #HITECTor) at the Metro Toronto Convention Centre in Toronto, Ontario Canada, where the topic will be extensively covered in the education program. First an introduction to the technology will be given in the Tuesday, June 26 keynote: The Blockchain Revolution presented by Alex Tapscott. Tapscott is a founding member at IMF's High Level Advisory Group on Fintech, as well as the co-author of the critically acclaimed best-seller "Blockchain Revolution: How the Technology Behind Bitcoin is Changing Money Business and the World."

Following up this session on Wednesday, June 28 from 2:30-3:30 p.m. is the concurrent session Demystifying Blockchain Technology, where speaker Andrew Sanders will specifically address how blockchain technology positively addresses pain points that impact hotel companies and travelers. Sanders held executive and sales leadership positions at global companies specializing in enterprise hospitality technology solutions for over 20 years.

Members of the industry who would like to be considered for the task force should send an e-mail to Blockchain@hftp.org.

About HFTP

Hospitality Financial and Technology Professionals (HFTP®) established in 1952, is an international, nonprofit association, headquartered in Austin, Texas, USA, with offices in Hong Kong, United Kingdom, the Netherlands and Dubai. HFTP is recognized as the spokes group for the finance and technology segments of the hospitality industry with members and stakeholders spanning across the globe. HFTP uniquely understands the industry's pressing issues and assists its stakeholders in finding solutions to their challenges more efficiently than any organization. It does this via its expert networks, research, certification programs, information resources and conferences/events such as HITEC. HFTP also owns the world's only hospitality-specific search engine, PineappleSearch.com. For more information about HFTP, email membership@hftp.org or download the HFTP/HITEC media kit via the HFTP website. Read industry updates on the suite of HFTP hospitality news sites: HITEC Bytes, Club Bytes, Finance Bytes and HFTP News.

Eliza Selig

Director of Communications
Portland, OR United States
Phone: +1 (512) 220-4026
eliza.selig@hftp.org