Germany-based airline Hahn Air reportedly claimed to have made history by being the first firm in the industry that used blockchain to support the issuance of flight tickets.
Specifically reported on November 18, Hahn Air has partnered with the travel industry-focused decentralized platform – Winding Tree – to introduce the blockchain-powered ticket issuance process.
Frederick Nowotny – Hahn Air Sales Engineering Director – along with Maksim Izmaylov and Davide Montali, founder and CIO at Winding Tree, have been the first individuals to test the new system.
“The company will investigate and monitor the opportunities this technology holds for travel distribution, even if widespread acceptance is still a vision of the future.” Nowotny remarked.
Blockchain and cryptocurrencies have been creating significant impact to the airline scene during the past few years. In November 2019, Alternative Airlines – an airline firm based in the UK – teamed up with Utrust to add cryptocurrencies to their existing list of payment options. The supported coins include Bitcoin (BTC), Ether (ETH), Dash, DigiByte (DGB) and Utrust’s native token UTK.
In October this year, Zamna has secured $5 million of investment, to finance its airport security checks automation project with the help of blockchain and biometrics technology. Zamna revealed its tool has been trusted by big names in the industry, nominally International Airlines Group, Emirates Airlines and United Arab Emirates’ General Directorate of Residency and Foreigners Affairs.