Singapore Airlines, one of the world’s leading airline operators, announced its plan to launch a loyalty digital wallet based on blockchain technology for its KrisFlyer frequent-flyer program, enabling travellers to easily spend their air miles at retail partners. Singapore Airlines CEO, Goh Choon Phong, stated:
“This groundbreaking development in which we will be using blockchain technology to ‘digitalise’ KrisFlyer miles is a demonstration of the investment we are making to significantly enhance the digital side of our business for the benefit of our customers.”