The future is today: is the region ready for Blockchain-based operations?
Source: ALTA During the first day of ALTA Aviation Law Americas, Santiago Balbi, Legal Counsel at TravelX shared with attendees a presentation on the Blockchain-based business model for the airline industry. The company, a member of the Latin American and Caribbean Air Transport Association (ALTA) since April 2022 and a pioneer in developing tradable solutions for aviation based on blockchain technology, proposes the distribution of airline products or tickets as non-fungible tokens (NFTs). Solutions that will bring more efficiency and immediacy to purchase operations, refunds, cancellations or insurance collection, exponentially improving the user experience and generating efficiency and profitability to airlines. And although talking about Blockchain may still seem foreign to the airline industry, Balbi assured that this technology will [...]