ETHERLive
ETHERLive delivers real-time price and volume data across 16+ exchanges to users in a clear and easy-to-understand package. Users can get up-to-the-second updates for each exchange/currency pair, as well as aggregated market averages for each exchange, currency, and the market as a whole. It also provides a global converted average of all the currency pairs monitored by ETHNews, converted to USD.

---

24hr ---
--%
Saturday Dec 15th 2018
RESOURCES

The Basics

Learn the basics of Ethereum and various cryptocurrency technologies

Learn More

What is Ethereum?

Understand the underlying principles of the Ethereum Platform

Learn More

The Blockchain

Discover the revolutionizing technology known as the blockchain

Learn More
SUBMIT

Press Release

Submit a press release for consideration on ETHNews

Submit Press

Story / Dapp

Submit a story or DAPP to be considered for publication on ETHNews.

Submit Story

Explanation

Submit "Ethereum Explainer" content for consideration to be featured on ETHNews

Submit Topic
ETHNews Logo
---
--%
Home
News
Etherlive
Ether Price Analysis
Resources
Contact Us

Major European Airline Wants Blockchain To Cut Out Middlemen

By

Daniel

Putney

WriterETHNews.com

Air France-KLM is exploring blockchain technology with Winding Tree.

On Wednesday, October 3, one of the world's largest airlines, Air France-KLM, announced its partnership with Winding Tree, a "blockchain-powered decentralized travel ecosystem." Through this agreement, the airline aims to provide customers with "more advantageous travel offer[s]," such as a wide range of flight and hotel options, as well as travel solutions to better suit customers' needs.

Air France-KLM asserts that travel suppliers would profit from blockchain technology because fewer intermediaries, such as travel agencies and tourism package distributors, would be required.

Sonia Barrière, executive vice president of strategy and innovation at Air France-KLM, expressed her enthusiasm for the partnership:

"Air France-KLM is constantly creating the future of travel and devising solutions to make the travel experience easier and more personalized. With blockchain technology, we aim to revolutionize exchanges within the travel industry for our customers, companies and start-ups."

Although the company has not identified specific projects in the pipeline, Barrière said that it is one of the first airlines to work with Winding Tree on blockchain-based travel solutions. Air France-KLM will also test Winding Tree's technological developments and provide the organization with feedback.

Speaking more broadly, the travel industry is no stranger to blockchain technology. In July, Singapore Airlines launched a blockchain-based digital wallet as part of the company's loyalty program. With this wallet, customers can accrue air miles to use at partner merchants across Singapore.

In August, Russia's Siberian Airlines announced it had developed a blockchain-based system in partnership with Gazpromneft-Aero, an arm of the energy company Gazprom. This system reportedly improves the speed and efficiency of the aviation refueling process.

Daniel Putney

Dani Putney is a full-time writer for ETHNews. He received his bachelor's degree in English writing from the University of Nevada, Reno, where he also studied journalism and queer theory. In his free time, he writes poetry, plays the piano, and fangirls over fictional characters. He lives with his partner, three dogs, and two cats in the middle of nowhere, Nevada.

ETHNews is committed to its Editorial Policy

Like what you read? Follow us on Twitter @ETHNews_ to receive the latest Air France-KLM, Winding Tree or other Ethereum application news.