An airline issues airline tickets in the form of an NFT

The usefulness of non-fungible tokens (NFTs) is often questioned by some detractors, seeing in it only one form hidden scam, totally useless. Yet there are reports that tend to prove otherwise – and this real world applications are really possible. In fact, an airline low price located in Argentina ad the forthcoming issuance of air tickets in the form of NFT. These will offer benefits to their holders.

The information is shared on the company’s official website, flybondi. We learn that it intends to adopt blockchain and NFT technology in its daily operations. According to her, it’s about bringing more flexibility and of possibility to customers.

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“This industry innovation will allow travelers greater flexibility in anticipating their travel plans by accessing better fares without the risks associated with purchasing tickets well in advance. “

Press release of the low cost airline Flybondi.

Note that Flybondi is not the first to do it (but the second!). New technologies, in fact, always penetrate a little more into the economic models of businesses. And on the same theme, the Air Europa company recently put the very first airline tickets – worldwide – in the form of NFT on Algoraland.

Tickets in the form of an NFT?

Like Air Europa, Flybondi can develop this technology thanks to the support of the company TravelX. For the record, the latter has developed and offers a blockchain-based distribution protocol for the travel industry. The choice of the Argentine company for the continuation of this adventure was therefore quite consistent.

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If at this point you are still wondering the real usefulness of this ad, it lies in the benefits it offers to customers. In fact, by purchasing an “NFTicket”, each individual will have – for example – the possibility to sell or transfer tokens to other travelers up to three days before the flight in question. Which is quite remarkable when you think about the practical difficulties currently encountered for such a request (depending on the company, of course).

In addition, TravelX and Flybondi worked on integrating the cryptocurrency payments, especially for this type of ticket. And the result is convincing since it will be possible to buy through Binance Pay. However, only the stable coins (USDC) are accepted for the moment. But the range of cryptocurrencies available is expected to evolve rapidly. Always with the aim of bringing “more opportunities to customers”.

“The travel industry and the world of the new Web3 are joining together to offer a much more flexible experience for travelers, generating new sources of income and a significant reduction in transaction costs for airlines. “

TravelX company statement.

Flybondi is proud to be a pioneer in the field. You think many companies will follow you in the near future. What we hope, we do too.

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