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Blockchain based wallet for frequent flyers of Singapore Airlines




Singapore Airlines integrates Blockchain
Source: Flickr

A few hours after reports from Singapore said that the government does not consider cryptocurrencies a big threat, Singapore Airlines (SIA) announced the blockchain-based loyalty scheme for frequent fliers.

In an event on Monday, SIA declared the changes to the Singapore Airline’s KrisFlyer frequent-flyer program, which will enable the passengers to spend their air miles at the loyal Digital Wallet based on Blockchain technologies.

In an interview with AMBCrypto, Leia Tan, an SIA frequent flyer and a blockchain based application developer says,

“The frequent flyer program has always been a catch for flyers like me, I don’t really know the exact utilization of this blockchain based app but applications of it would be endless”

The app is supposed to be out in the coming six months and aims to connect and utilize points earned through flights and their services. Further, the blockchain-based app will enable the KrisFlyer members to participate in retail merchant programs, leading customer loyalty towards SIA.

In an interview with, Gary Brooks, Chief Marketing Officer of a global manufacturing and supply chain technology company, shared his transparency towards the technology,

“Manufacturers’ supply chains are sophisticated, complex organizations with a number of nuances that can make transparency and accountability challenging — especially when it comes to the logistics of building and shipping new equipment and service parts.”

SIA confirms the proof based trial of the concept in collaboration with KPMG Digital Village and Microsoft.

Singapore Airlines CEO Goh Choon Phong in a press interview says,

“….. We will be using blockchain technology to ‘digitalise’ KrisFlyer miles [and] is a demonstration of the investment we are making to significantly enhance the digital side of our business for the benefit of our customers,”

Many travel industries and technologies are also looking to utilize the blockchain technology in their industry. Holiday Operator TUI is seeking to use the blockchain technology in their hotel bookings and Air France is trying their hands on the distributed ledger for their supply chain record.

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Satish Kumar is a contributing reporter for AMBCrypto. He is currently pursuing BBA from Ranchi University. Over the past couple of months, he has prepared marketing campaigns, technical news articles and wrote content for some exciting blockchain-backed projects.

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Cardano’s focus is on staying loyal to ecosystem’s scalability & interoperability, says Charles Hoskinson

Arijit Sarkar



Charles Hoskinson shares Cardano's vision to enable scalable and interoperable crypto ecosystem
Source: United States Air Force

As numerous developments continue to change the face of the cryptocurrency space, IOHK’s CEO Charles Hoskinson shared Cardano’s latest innovations in its ecosystem through another one of his AMA sessions. While the entrepreneur expanded on the expected launch of its Haskell and RUST testnets, the AMA was also focused on sharing his aggressive plan to enable Cardano’s smart contracting.

Hoskinson attributed the vision’s ultimate success to three main factors, which include ability to train new developers, the model itself and Cardano’s ability to interface with the broader functional programming community. He supported this idea by saying,

“This is a huge untapped community full of credentialed and qualified programmers. By interfacing our foundation with that community, we should be able to see a lot of really interesting DApps produced for Cardano rather quickly.”

Comparing Cardano’s credibility to the infamous JAVA platform, Hoskinson claims to have made 20 reiterations of the project “because programming language theorists are perfectionists and they really want to get this done right.”

While the Cardano team continues to work towards the deployment of Shelley and Marlowe on the testnet, Hoskinson also hinted at some incremental upgrades that will be expanded upon in the next AMA, as well as on the company’s official website. Out of the many iterations, Cardano’s primary focus will be to stay loyal to the ecosystem’s scalability and interoperability across other crypto-based ecosystems.

Hoskinson also mentioned that his past contributions to Ethereum helped his team explore the design space of the code, which ultimately helped them develop a seamless ecosystem focused on user experience and ease of use. He added,

“People want to keep regulators happy. That said, we will also begin exploring some privacy ideas and how we can also increase privacy on these transactions.”

In addition to backend development, it is also important to note that Cardano’s [ADA] crypto-adoption has allowed it to dethrone Tron [TRX] from the 11th position, with respect to market cap.

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