Singapore Airlines to Launch Blockchain-based APP for Frequent Flyers
“According to the company, the clients of KrisFlyer will be able to spend frequent flyer miles with merchants at point-of-sale in exchange for goods and services.”
Reportedly, Singapore Airlines will launch a “revolutionary” Blockchain-based app for frequent flyers by August 2018.
In a press release issued recently, the airline announced a Blockchain-based app for its KrisFlyer program had passed “proof-of-concept exercise”.
According to the company, the clients of KrisFlyer will be able to spend frequent flyer miles with merchants at point-of-sale in exchange for goods and services.
CEO Goh Choon Phong commented, “This groundbreaking development in which we will be using blockchain technology to ‘digitalise’ KrisFlyer miles is a demonstration of the investment we are making to significantly enhance the digital side of our business for the benefit of our customer,”
In the past year, blockchain has entered the civil aviation at an extremely rapid pace. Now various airlines and airport authorities are studying its uses to improve efficiency.
Last month, the Canadian government announced a pilot scheme with the Netherlands, aiming at using Blockchain to renovate immigration procedures.
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