Blockchain And The Airline Industry (Part 1)


One of the biggest buzzwords for 2018 is blockchain. It was developed for use initially in digital currencies such as Bitcoins (you can buy bitcoin here). The technology’s robust security, transparency, and durability features lend itself into new business use cases. Experience The Skies introduces what the blockchain technology is and what the airline industry has done to embrace this new technology.


What Is It?

Created in 2008, a blockchain, originally called block chain, is a continuously expanding list of records, called “blocks”. They are linked and secured together by using asymmetry cryptography techniques. Each block typically contains a cryptographic hash of the previous block, a timestamp and transaction data. It is by design that it is inherently resistant to modification of the data. If you want to look find out more about Blockchain, you could look into something like ICX Price, which aims to

1 thought on “Blockchain And The Airline Industry (Part 1)”

Comments are closed.