Air New Zealand has partnered with Swiss travel platform Winding Tree to explore applications of blockchain technology in the airline's business, Reuters reported.
The New Zealand airline also said it is investing in Winding Tree’s token sale slated for January next year.
According to Avi Golan, chief digital officer for Air New Zealand, the airline is also eyeing blockchain elsewhere, citing use cases such as loyalty programs and distribution.
“While we are still exploring its benefits, blockchain may offer a streamlined way to retail airfares and ancillary products alongside our current channels,” said Golan.
German national carrier Lufthansa has also recently announced partnerships with Winding Tree. Lufthansa was interested in exploring use cases that would put booking, rebooking, and traveler itinerary information on the blockchain.