By distributing e-tickets as NFTs, the low-cost airline Flybondi of Argentina is embedding Web3 into its purchasing method!
The NFT ticketing operator TravelX is now a part of the new integration, known as Ticket 3.0. The Algorand blockchain-based NFT ticketing solution enables users to autonomously rename, transfer, and sell their ‘’NFTickets’’.
Passengers will be able to set up and maintain the Ticket 3.0 account to save their NFTs. According to Flybondi and TicketX, smart contracts are embedded into the NFT tickets to provide ticket-related terms and restrictions.
According to the airline company, NFT offering as a way to provide more flexible travel experiences. This will allow consumers to buy tickets in advance without needing to decide on their travel arrangements or who the travelers are.
Airline companies trying to adopt NFTs and blockchain
Latvian airline airBaltic became the very first in the world to accept payments in Bitcoin in 2014. Since 2021, the airline has worked with Bitpay and accepts a variety of cryptocurrencies, including Bitcoin cash, Ether, and Dogecoin.
Vueling is another airline company that accepted crypto as a payment method for its services earlier this year. The company noted that it was looking into leveraging blockchain technology and NFTs to let people pay for plane tickets with cryptocurrency.
TravelX partnered with Air Europa to launch a series of NFT tickets that are linked to special perks and events in April 2022.
In addition to the above airline companies, we can mention Peach Aviation, Surf Air, and Emirates as airline companies with payment option via crypto. These companies show that blockchain technology, NFTs, and cryptocurrencies can be integrated into the air!