The S7 Airline has launched an Ethereum Blockchain-based platform for automatic payments settlement with third party airline ticket sales companies.
S7 announced that it has already used a new Blockchain-based system to sell over 100 tickets. In an official statement, S7’s representatives say:
"The implementation of the Ethereum platform has opened up opportunities for a significant optimization of business processes for both the airline and its partners, and the speed of settlements has grown from 14 days to 23 seconds."
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