A German airline simply flew three execs holding blockchain tickets

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A German airline simply flew three execs holding blockchain tickets 1

A German airline has claimed to be the primary to permit passengers holding blockchain-based tickets to board a flight, Reuters reports.

Hahn Air, which boasts a modest fleet of two charter jets, leveraged Winding Tree’s open-source distributed ledger to concern three tickets for a flight from Dusseldorf to Luxembourg on Monday.

Whereas these might very nicely be the primary blockchain-powered tickets to be accepted by an airline, Hahn Air is but to include them commercially. The tickets have been utilized by the airline‘s head of gross sales engineering and two Winding Tree execs.

A Hahn Air exec reportedly commented that Hahn Air just isn’t on the level of commercializing the blockchain-powered tickets simply but, however that the firm will be wanting into it.

“We are not at that point right now,” they mentioned.

Largely, Hahn Air serves as a ticketing resolution for journey brokers, as its fleet is extremely small. However, Winding Tree is a non-profit group that beforehand raised cash with an Initial Coin Offering (ICO) on the Ethereum blockchain to fund the event of its good contract-centric platform.

Winding Tree reported in February 2018 that it raised $10 million with its ICO, made up of 16,278 ETH. That quantity of Ethereum is valued at lower than $three million proper now, as Ethereum‘s worth has since depreciated dramatically.

Reuters‘ report additionally talked about that Hahn Air accepts cryptocurrency for fee, notably a token ‘lif’ and Ethereum.

At first look, the corporate’s web site doesn’t seem to checklist these strategies.

Exhausting Fork has reached out to the airline to substantiate, and can replace this piece ought to we obtain a reply.

Replace 13:54 UTC, November 19: A Hahn Air spokesperson has since contacted Exhausting Fork to substantiate that it doesn’t settle for cryptocurrency for funds.

“Let me clarify: Hahn Air does not accept cryptocurrency for bookings at this point. Please also note that Hahn Air is a B2B company and only offers its services to travel agencies and airlines. This means that only travel agents (online and offline) can make bookings of our airline partners via the major global distribution systems (GDSs). We do not offer our services to passengers directly,” they mentioned.

They then confirmed that the corporate has used Winding Tree to concern tickets as a take a look at.

“It is true that the platform Winding Tree accepts the cryptocurrencies LIF and Ether, but at this point, we don’t have any plans to commercialize ticketing sales via blockchain-based channels in the near future,” they added.

Revealed November 19, 2019 — 13:31 UTC



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