Airlines
Trulli
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…