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Commercial Plane Operator, KLM Adopts Blockchain Technology

The world fifth largest airline, KLM has taken the crypto path to ease the financial burdens of its customers, by partnering with Winding Tree, a blockchain-based travel booking firm.
KLM in a statement announced that it was interested in ways that will provide “a more advantageous travel offer for customers,” even though they refused disclosing details about its partnership with the blockchain travel booking firm.
The integration of blockchain technology by KLM is not new as Lufthansa; the German flag carrier had towed that part with its partnership with the same firm Winding Tree earlier in 2017.
The airline giant early this year launched the “Aviation Blockchain Challenge,” this time partnering with the software giant SAP to create an avenue for applicants to pitch ideas on how travel experience and operations could be improved using blockchain.
Some national carriers to have refused to take the backseat, partnering with the same firm. Airlines like Swiss Air, Air New Zealand, Austria, and Brussels Airlines, even Eurowings have all partnered with the blockchain giant, Winding Tree to improve its operations.
The head of the blockchain program for KLM, Iris Taguet explained that the national carrier had been experimenting with merging its services with blockchain, since last year. Taguet further disclosed that the airline is also exploring external blockchain technology partners to experiment at the proof-of-concept level. That aside the airline is working on integrating into its operations artificial intelligence (AI) and the Internet of Things (IoT).
The EVP for strategy and innovations at Air France-KLM reiterated the same message stating that the airline had planned to revolutionize exchanges within the travel industry for its customers, companies, and startups. She explained that the airline was dedicated to supporting startups and even the development of Winding Tree’s B2B platform through testing and giving feedback on the technology.
Co-founder and CEO of Winding Tree stated that they are not building copy-cat solutions for its airline partners. Instead, they have chosen to create one open source solution on which everyone is working together.
As the numbers of national carriers using blockchain continue to increase, enjoying the benefit of its unrivaled advantages, it is safe to say that over time these numbers will continue to skyrocket not excluding private airline operators.

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