RATE Group | German Airline Company Hahn Air Issues Tickets on Blockchain
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German Airline Company Hahn Air Issues Tickets on Blockchain

18 Nov German Airline Company Hahn Air Issues Tickets on Blockchain

Posted at 20:55h in Cryptocurrency News by

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German airline Hahn Air claims to be the first airline company to issue tickets on a blockchain, the firm announced in a press release on Nov. 18.

The ticket sale using blockchain technology was made possible through Hahn Air’s collaboration with a decentralized platform for the travel industry, Winding Tree. Frederick Nowotny, head of sales engineering at Hahn Air, Maksim Izmaylov, the founder of Winding Tree, and Davide Montali, CIO at Winding Tree, became the first passengers to use blockchain-booked tickets.

Commenting on the product, Nowotny said the goal of the company is to “investigate and monitor the opportunities this technology holds for travel distribution, even if widespread acceptance is still a vision of the future.”

Blockchain and crypto in the travel industry

Blockchain technology and digital currencies have been steadily entering the travel industry, in recent years. Earlier in November, Alternative Airlines, a travel company based in the United Kingdom,

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