• Flybondi – a low-cost airline in Argentina – became the first to launch flight tickets as NFTs on the Algorand blockchain.
• The initiative, dubbed Ticket 3.0, enables customers to change the name on the pass, give it away, or transfer it to another individual.
• CEO Mauricio Sana commented that “With this launch, we seek to generate a positive impact in the aviation industry through innovation and an application of blockchain technology.“
Argentinean Airline Becomes First To Offer Tickets As NFTs On Algorand
Flybondi – a low-cost airline in Argentina – has become the first in its field to launch flight tickets in the form of non-fungible tokens (NFTs). Dubbed Ticket 3.0, this initiative is now available for clients flying domestic destinations.
Features Of Ticket 3.0
The ticket is issued as an NFT on the Algorand blockchain and allows customers to change the name on their pass, give it away or transfer it to another individual. This eliminates traditional restrictions when trying to change ownership.
CEO Comment On Launch
„With Ticket 3.0, our passengers will have greater flexibility and control over their trips because they will be able to transfer, rename or give away their tickets in a simple and autonomous way,“ said CEO Mauricio Sana. „With this launch, we seek to generate a positive impact in the aviation industry through innovation and an application of blockchain technology.“
Timing Of Launch
Flybondi’s effort comes at a time when tourism sector attempts to get back on its feet after travel restrictions due to COVID-19.