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19/11/19 04:44 UTC-5

The German airline used the blockchain to sell tickets

OtherGerman aviation company uses blockchain for flights
German aviation company uses blockchain for flights

The Hahn Air airline company issued tickets on the blockchainBlockchain
is a continuous and sequential block chain of information (digital linked list). When building a blockchain, copies of related blocks are simultaneously stored on multiple computers.Details
thanks to the Winding Tree platform. The company plans to introduce flights using technology, according to an official press-release.

 

Blockchain is actively used in tourism

On November 18th, Hahn Air opened the door to blockchain technology in the aviation industry. The company became the first organization to use blockchain technology to sell airline tickets. The initiative was facilitated by a partnership with the Winding Tree platform. Hahn Air was also the first airline to fly blockchain tickets on its regular flight from Dusseldorf to Luxembourg. The test flight has already been tested by platform and airline participants.

The platform allows the airline to register inventory, manage reservation requests and receive payments after the booking process is completed. Accept the following payment options: cash, credit card or cryptocurrency – own Ether or Winding Tree, Lif tokenToken
– is an accounting unit that is used to represent a digital balance in an asset.Details
, as cryptocurrency news for today reports. 

The company's team believes that the technology reveals the potential for any industry. Therefore, the blockchain will have an impact on all areas of the economy and trade over the next decades. Using the blockchain guarantees consumers reduce costs and increase travel options thanks to the platform. The technology is 100% protected. The information is stored in a decentralized ledger, which is checked by millions of sources and therefore unauthorized persons will not be able to change or falsify records.

Interesting in the section: Blockchain is fighting illegal logging in the world

See also: "Opera is investing $120 million in the development of digital payments in Africa"

#Germany #blockchain #tourism #cryptocurrency #WindingTree

Editor: Daria Mukhina
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