Flybondi issues every ticket as an NFT to increase flexibility for passengers
This week, Argentinian low-cost airline, Flybondi announced they have taken the next step with TravelX, to offer all tickets as non-fungible tokens (NFTs). This makes them the first airline to distribute all its tickets as NFTickets using TravelX’s innovative technology.
TravelX is an NFT ticketing company and the NFTicket technology is built on the Algorand blockchain.
Mauricio Sana, CEO of Flybondi, said:
“Flybondi’s Ticket 3.0 demonstrates our commitment to innovation and providing our customers with the best possible experience. We’re excited to be at the forefront of this change in the travel industry.”
With the launch of Flybondi’s Ticket 3.0 comes a long list of benefits to passengers including:
- Allowing travellers to “truly own and manage their tickets according to their needs.”
- Seamless peer-to-peer transactions.
Most notably, the use of NFTickets will allow passengers to trade and transfer their ticket to another traveller with easy and transparency. The press release explained this presents a range of opportunities for those who purchase the tickets from bulk purchases to different payments methods, “all contributing to a more efficient and personalised experience for customers.”
Juan Pablo Laffose, CEO of TravelX, said:
“Our partnership with Flybondi and the integration of our NFTicket technology on the Algorand blockchain exemplify the enormous potential for innovation within the travel industry. We’re eager to continue driving this transformation alongside the other airlines worldwide we are already working with.”
To read more on NFTs and the Metaverse in aviation see:
- Vueling to become the first LCC in Europe to accept NFTs as payment alternative
- How Is The Metaverse Being Used In Aviation?
- How Emirates is Capitalising on The Metaverse
Article by Jess Brownlow