Hahn Air claims first real-world airline ticket delivered through blockchain – The Block – The Block

Germanys Hahn Air recently used the open-sourcetravel distribution platform Winding Tree to issue the worlds first airlineticket powered by the blockchain technology, the company announced.

Hahn has also become the first airline company to flypassengers holding blockchain-powered tickets on its flight that took off from Dusseldorfto Luxemburg on November 18.

The Winding Tree platform allows Hahn Air to list itsinventory and manage their reservation requests and receive payments as soon asthe booking process is completed. Passengers can pay by cash, credit card, or cryptocurrency(LIF token or Ether).

Frederick Nowotny, head of sales engineering at HahnAir, said: We at Hahn Air are constantly exploring new technologies and we areproud to now demonstrate our technical capability to issue blockchain-poweredHahn Air tickets. We are pleased to be partnering with Winding Tree, the mostestablished company when it comes to distributing travel inventory in theblockchain.

Our goal is to investigate and monitor theopportunities this technology holds for travel distribution, even if widespreadacceptance is still a vision of the future, Nowotny added.

The use cases of blockchain technologies in the travelindustry are increasing rapidly. Earlier this month, Australian travel businessWebjet launched its long-in-development blockchain-based platform in order toremove disparities in hotel booking data. Webject, which has been usingMicrosofts Azure blockchain-as-a-service sandbox since 2016, said that the newRezchain application will address hotel reservation status and overcharges bylooking for data mismatches in real-time between customers, hotels and bookingagents, and sending alerts if any are found.

UK-based travel firm Alternative Airlines recently collaborated with Swiss cryptocurrency service Utrust to be able to provide customers with the ability to book flights using cryptocurrencies, such as Bitcoin (BTC), Ethereum (ETH), Dash, DigiByte (DGB) and Utrusts native token UTK. This partnership will introduce instant cross border transactions, buyer protection, and crypto-to-cash settlements to the clients of Alternative Airlines.

Interested in hearing more in person?Find out more at theBlockchain Expo World Series, Global, Europe and North America.

See the original post here:

Hahn Air claims first real-world airline ticket delivered through blockchain - The Block - The Block

Related Posts

Comments are closed.