Hahn Air is now issuing blockchain-enabled tickets in partnership with an open-source travel distribution platform, Winding Tree.
Hahn Air is the first airline that issued a real-world ticket enabled by blockchain technology. It was also the first airline to fly passengers holding tickets bought with blockchain currency on its scheduled flight from Düsseldorf to Luxemburg on November 18.
Winding Tree is an established company for distributing travel inventory in the blockchain. The airline plans to investigate and monitor the opportunities this technology holds for travel distribution, even if widespread acceptance is still a vision of the future.
Maksim Izmaylov, Winding Tree founder says: “While blockchain technology is currently almost exclusively associated with the cryptocurrency bitcoin, it bears great potential for all industries and endless applications. It will have an enormous impact on all areas of the economy and commerce over the next decades. We at Winding Tree believe that blockchain will have the power, like NDC, to fundamentally change the face of travel distribution.”
Through the Winding Tree platform, Hahn Air is able to list inventory, manage the reservation requests, and receive payments once the booking process is complete. Cryptocurrency, such as LIF token or Ether, is accepted as a form of payment.
Hahn Air said in a statement that blockchain technology held advantages for parties, such as agents, for booking an airline ticket.
