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Wednesday, October 5, 2022

Argentine low-cost airline tokenizes tickets and accepts payments in USDC

Buenos Aires – Flybond announced on Wednesday that its users will be able to purchase tokenized tickets through Binance Pay. stable coins USDC to finalize the transaction. The Argentine low-cost airline will do so through a strategic alliance with TravelX, the blockchain technology company that is developing this solution.

With Wednesday’s announcement, FlyBondi claims it has become the first airline in the world to offer tokenized airline tickets, or “NFTKets.” Users can transfer, resell or auction them at a fixed price.

            • How does this work? to buy tickets Travel.xyzAnd as reported by the company, it is necessary to “fund” a platform wallet with USDC (Stablecoin for Dollar).
            • What is NF Ticket? “Tokenization” of air tickets through blockchain technology. they also allow Reassign passenger name once purchasedand enables Tickets can be transferred or sold to any other person Easily up to three days before the flight’s departure date.
            • What will happen when Binance delists USDC from its platform? 5 september, Binance announced that it will convert its users’ deposits in USDC, USDP and TUSD to its own stablecoin, BUSD., When asked by TravelX on the issue by Medium, the company replied that “the platform’s architecture and technical underpinnings were designed to support this. multi You cross chain and also multi currencyIn other words, the solution will soon support other stable coins, which can be used to buy Flybondy tickets.

as reported from TravelXA forum opens with this alliance “Where the travel industry and the new world of Web3 come together to deliver a more flexible experience for travelersCreating new sources of income at the same time and drastically reducing transaction costs for airlines”.

With regards to the alliance, the CEO of flybondy, Mauricio Hope commented: “We are thrilled to be using blockchain technology to provide our customers the greatest amount of freedom.,

for its part, John Paul Lafosse, “Very soon we will see many other airlines follow their path,” said TravelX CEO and co-founder.

The Glance of a Fintech and Crypto Expert

,With tokenization and the NFT revolution, the opportunities are unimaginable: all digital assets can be preferentially decentralized and traded more easily.”, he assessed after the announcement ignacio carballoHead of Crypto and Alternative Finance and Market Intelligence of America.

The professor and researcher also recognized in the sense that “the announcement of Flybondi and TravelX is a disruptive move into an already core item in terms of volume within e-commerce across the hotel and tourism world.”

And he concluded that most “The disruptive ticket will be likely to be transferred or resold to any other person. As such, it contributes to a new secondary market that will undoubtedly strengthen the sector.”

—–In collaboration with Francisco Aldaya

World Nation News Desk
World Nation News Deskhttps://worldnationnews.com/
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