News

Air Canada Enters New Partnership with Blockchain Platform

The leading airline in Canada, Air Canada has joined a host of others in the industry in integrating blockchain technology into its operations, as more fields across the world continue to discover diverse ways in which the budding technology could benefit them.
According to a recent report published by a local news outlet, News Wire, airline giant revealed its latest decision to participate in a sealed agreement with Switzerland-based blockchain startup, Winding Tree, which has helped develop its travel distribution platform based on its unique blockchain technology. Apart from being one of the largest, the Airline which celebrated its 81st anniversary earlier this year, is also one of the oldest in the world. Air Canada has continuously recorded success with every turn of the year since its establishment, after recording an increase of about 7 percent in transported passengers last year, with the total number of passengers exceeding the 48 million mark.
The integration of Air Canada’s API into Winding tree’s fundamental technology would offer a new non-traditional improvement to travel statistics and sales of air travel products. Keith Wallis, a veteran executive and the Director of Global Product Distribution for the airline talked on the benefit of the latest partnership.

“Air Canada recognizes the importance of leveraging this next generation technology. We plan to integrate Air Canada’s Direct Connect API with Winding Tree’s public blockchain platform, giving blockchain-savvy users the ability to access our content directly from the source,” he said.

While Air Canada just stuck a partnership to make their maiden foray into the blockchain industry, other major airlines in other countries have also previously integrated fundamental blockchain technology into their travel operations. Earlier this month, another large airline from France, Air France-KLM also entered a mutual partnership with a Swiss company, Winding Tree, while Brisbane Airport Corporation from Australia also partnered with TravelbyBit in August.

Related posts
BitcoinBitcoin NewsbtcusdBTCUSDCBTCUSDTETFNewsxbtusd

Bitcoin May Never Go Below $50k Once An ETF Is Approved, Declares On-Chain Analyst

Bitcoin may never drop below $50k asserts on-chain analyst Ki-Young Ju. But as usual, there are conditions that follow this possibility. In a tweet, Ju analyzed that Bitcoin could follow the same path that gold took in 2004 when the first…
BitcoinBitcoin NewsbtcusdBTCUSDCBTCUSDTNewsxbtusd

Quarterback Star Tom Brady Breaks Internet After Showing Interest In Bitcoin

Tom Brady, the American athlete who is widely regarded as the “greatest” quarterback in NFL history is the latest celebrity to show interest in the world’s most valued cryptocurrency Bitcoin. Brady who has a massive Twitter following of 1.9 million…
BitcoinBitcoin NewsbtcusdBTCUSDCBTCUSDTNewsxbtusd

Almost $200 Billion Worth Of Bitcoin Is Currently At Risk – Report Warns

A recently published 2021 crypto report by Opimas LLC, a finance-based management consultancy firm, has revealed that approximately 3,480,000 out of the world’s mined 18.5 million Bitcoin, stands vulnerable to attacks as a result of improper safekeeping. The 36-page report…