Hi guys, in this post lets see a use case where blockchain and Cryptocurrency has been deployed by German airlines – Hahn
The Parties Involved –
Hahn Airlines – German Airlines offering charter and scheduled flights only within Europe
Winding Tree – A blockchain empowered Decentralized travel eco system
The new Big thing –
Hahn Air, a Dreieich, Germany-based company offering scheduled and charter flights, has become the world’s first airline to issue tickets using blockchain.
The Airlines has entered into partnership with open-source travel distribution platform Winding Tree for the new ticket-issuance system.
Apart from ticket issuance, The new system acquired by Hahn Air also provides an efficient listing of inventories, timely management of reservation requests, and payment processing.
The New Payment Method –
Customers can book their tickets using Cryptocurrencies also apart from Cash and Credit cards. Time being the Company accepts Ether and LIF coins
As of now, there are no official words yet on Hahn Air accepting Bitcoins in the foreseeable future as they are highly volatile compared to other Cryptos.
The underlying technology of the new system is 100% secure, said Jörg Troester, Hahn Air head of corporate strategy and government & industry affairs, in a conversation with ZDNet.
According to Reuters, the first fliers to use these new blockchain-issued tickets include Frederick Nowotny, head of sales engineering at Hahn Air, Maksim Izmaylov, founder of Winding Tree; and Dave Montali, chief information officer of
Winding Tree.
Source – Stromgain