Airlines
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A Singapore 777-300ER in Munich (Photo: AirlineGeeks | Fabian Behr)

Airlines Beginning to Evaluate Blockchain Solutions

Blockchain technology, which allows cryptocurrency like Bitcoin to operate, has been taking the world by storm lately. Blockchain technology is a decentralized method of maintaining records, operated on a peer-to-peer network. Currently, most financial institutions use a centralized method, which is more vulnerable to being hacked, can be slower, and results in additional fees. With blockchain, a protocol is established in order to transport the transactions through computations and heavy encryption, ensuring the integrity of the data without having to…

Peach Becomes First Japanese Carrier to Accept Bitcoin

Osaka-based Peach Aviation, a low-cost carrier specializing in flights between Japan and Northeast Asia, announced that it will begin accepting Bitcoin as a form of payment for tickets. The announcement follows a shift in regulations in Japan, allowing the legitimization of the crypto currency. Additionally, the Japanese government hopes that…