Blockchain move from Singapore Airlines, the 2nd best airline in the world

Singapore Airlines, which was selected as the world’s second best airline at the Paris Air Show last year, will release a “groundbreaking” Blockchain-based application for its frequent flyer customers by August 2018.

On Monday, February 5th In a press release, the airline announced that it has completed successful work with Microsoft and KPMG Digital Village on a Blockchain-based application for its KrisFlyer program. .

Singapore Airlines Chairman of the Board Goh Choon Phong said, “This groundbreaking development, in which we will use Blockchain technology to digitize KrisFlyer miles, is a demonstration of our investment in significantly increasing the digital side of our business for the benefit of our customers.”

On the other hand, Phong spoke at the Singapore Airshow Aviation Leadership Summit this week, according to Reuters. He added that SIA Group considers his project to be the first of its kind in the world, as quoted by SIA Group. Blockchain’s entry into civil aviation has gained notable momentum over the past year.

Last month, the Canadian government announced a pilot project with the Netherlands that aims to use Blockchain to review the immigration procedure.. Meanwhile, in February, Brisbane Airport began preparations to become the first airport in the world to accept cryptocurrencies.