Russia’s largest airline now issues its travel tickets with a Blockchaink with the support of Russia’s largest private bank.
According to local Russian reporters, S7 and S7 Ticket launched the sale this week. The project is supported by Alfa-Bank, the largest private bank in Russia.
This platform is designed to reduce the settlement time between the airline and the dealers, which took about two weeks. Thus, for the first time in the aviation industry, Ethereum technology was used for the issue of tickets. It is not clear in this report whether the platform was created on a private or public version of Ethereum.
Previously, S7 and Alfa-Bank sought to use smart contracts to confirm letters.