Russian Airline Uses Blockchain for Flight tickets

In a recent report by Russian regional newspaper Kommersant, Russian airlines PJSC Siberia Airlines known as S7 and Alfa Bank will begin selling airline tickets on the Blockchain using Ethereum.

According to Alfa Bank one of the key advantages of employing the technology was because of faster payments.

In December of 2016, the airline has executed the first of its kind service payment using Ethereum smart contract through a letter of credit with Alfa Bank.