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Argentine Airline Issues NFT Tickets

source-logo  cryptonews.net 31 March 2023 13:28, UTC
Anna Martynova

Argentinean airline Flybondi is integrating Web3 into its ticketing process by issuing NFT e-tickets on the Algorand blockchain. The service is called "Ticket 3.0" and was created in collaboration with TravelX, a Web3 company specializing in the sale of NFT tickets.

Flybondi said the NFT ticket offers a more flexible travel experience that allows passengers to purchase tickets in advance without having to define their travel plans. In turn, the airline can reduce customer service costs and increase its revenue from trading commissions.

Passengers can purchase tickets through the Flybondi website using fiat currency, and TravelX issues a synchronized NFT ticket in addition on top of the regular e-ticket. Initially, however, the service will only apply to the airline's domestic flights.

Image: Airlines Inform