Air France is set to trial a blockchain-based system for verifying COVID-19 test results for its passengers.
Travel News
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- Expert Take
We should encourage more climate-friendly practices, including less air travel, and the crypto community can be a great example of it.
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Blockchain-based digital passports containing a traveler’s COVID-19 testing and vaccination status will begin pilots in the next month.
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Meanwhile, crypto firms are genuinely trying to revive the badly-hit travel sector using distributed-ledger technology.
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“Offering travelers the ability to pay via Bitcoin feels like the right move at the right time.”
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One aircraft comes at a cost of roughly 3,750 Bitcoin.
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The firm plans to become a fully decentralized online travel agency.
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Crypto adoption appears to be unstoppable in the tourism sector.
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The Colibra app is providing a means for air travelers delayed for any reason to receive compensation in crypto.
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Travala is expanding its crypto-powered offerings thanks to a new partnership.
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According to Travala.com CEO Juan Otero, the firm’s booking revenue increased by 75% in two weeks after partnering with Expedia.
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Booking volumes on the Binance-backed travel booking platform dropped by 90% during the coronavirus pandemic.
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Expedia now allows its over 700,000 accommodations to be booked with cryptocurrency through crypto travel platform Travala.com.
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Blockchain initiatives are being applied by large companies to reduce intermediaries and costs in the travel industry.
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