Hahn Air has become the first airline to issue a real-world ticket enabled by blockchain technology on the open-source travel distribution platform Winding Tree.
TT Bureau
Hahn Air is also the first air- line to fly passengers holding blockchain-powered tickets on its scheduled flight from Dusseldorf to Luxemburg on November 18, 2019. The first blockchain passengers were Maksim Izmaylov, Founder of Winding Tree; Davide Montali, CIO of Winding Tree; and Frederick Nowotny, Head of Sales Engineering at Hahn Air. On Winding Tree platform, Hahn Air could list its inventory, manage the reservation requests, and receive payments once the booking process is complete. The platform can accept payments through various methods, including cash, credit card, or cryptocurrency.
“We at Hahn Air are constantly exploring new technologies and we are proud to now demonstrate our technical capability to issue blockchain- powered Hahn Air tickets. We are pleased to be partnering with Winding Tree, the most established company when it comes to distributing travel inventory in the blockchain. Our goal is to investigate and monitor the opportunities this technology holds for travel distribution, even if widespread acceptance is still a vision of the future,” said Nowotny.
“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 economy and commerce over the next decades. We believe that blockchain will have the power, like NDC, to fundamentally change the face of travel distribution. With an innovative mindset and an unparalleled network, Hahn Air is the ideal partner for us,” shared Izmaylov.