Storing data on blockchain is reliable, because responsibility for storing data is shared across the whole network. Blockchain Technology has the capacity to secure financial payments as well.
As a valuable source for tracking the movement of luggage, blockchain makes sharing tracking data between companies a lot easier.
The Blockchain Technology has the capacity to vastly reduce check-in times, or queues in airports, as a simple fingerprint or retina scan can replace showing documents.
In this aspect of applying blockchain application, it can range from serving as a global ledger, making bank payments more simple and secure, through to allowing travel companies to accept payments using Bitcoin and other cryptocurrencies.
Blockchain can assist with loyalty programmes, simplifying the process, allowing customers to more easily access information about their loyalty points, and allowing tokens to be distributed. This will also help in combating fraud in the area.
