Your bank is using your money. You’re getting the scraps.WATCH FREE

Airline tickets on blockchain: German airline becomes world’s first to sell

In this post:

Hahn air announced in a press release that users can now get airline tickets on blockchain network. Hahn air claims to have become the world’s first airline company to sell tickets through blockchain.

Airline tickets on blockchain: Testing the waters

Hahn Air has collaborated with Winding Tree to make this blockchain-based ticket sale possible. Winding Tree is a blockchain platform designed for the Travel industry. As a memento, the founder of Winding Tree Maksim Izmaylov and its CIO Davide Montali became the first passengers to use blockchain-booked tickets.

The Head of Sales Engineering at Hahn Air, Frederick Nowotny, remarked that the product would test the waters for the travel industry. He stated that the main goal was to “investigate and monitor” the potential the technology holds for travel distribution. He noted that mainstream adoption might be a “vision of the future,” but it was important to take the first step.

Blockchain adoption in the travel sector

Blockchain and crypto assets are slowly but surely making their way up in the travel industry. Earlier this month, a UK-based travel company, Alternative Airlines, joined hands with Utrust to support payments through digital assets. The company now supports payments through Bitcoin, Ethereum, Dash, DigiByte, and Utrust’s native UTK tokens.

See also  Hyperliquid responds to the challenge, prepares for builder-deployed markets

Last month, blockchain company Zamna raised five million dollars to upgrade airport security using blockchain and biometric. Zamna said that Emirates Airlines and International Airlines Group had become its customers among various others.

Blockchain technology is surely becoming an integral part of modern technology. Blockchain has crept into industries from banking, retail to medical supply chain, and real estate. With each passing day, the number of use-cases for blockchain continues to increase.

Featured image by Wikipedia Commons

If you're reading this, you’re already ahead. Stay there with our newsletter.

Share link:

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Most read

Loading Most Read articles...

Stay on top of crypto news, get daily updates in your inbox

Editor's choice

Loading Editor's Choice articles...

- The Crypto newsletter that keeps you ahead -

Markets move fast.

We move faster.

Subscribe to Cryptopolitan Daily and get timely, sharp, and relevant crypto insights straight to your inbox.

Join now and
never miss a move.

Get in. Get the facts.
Get ahead.

Subscribe to CryptoPolitan