Argentine state airline Flybondi announced that it will introduce blockchain into its operations and issue tickets in the form of NFTs.

Flybondi executives assured that once users receive a ticket in the form of NFTs, they will be able to resell, exchange or gift them to other travelers no later than three days before the start of the flight. This will be possible thanks to a blockchain-based solution developed by Travelx.

Tickets can be paid for with USDC and other stablecoins through the Binance Pay payment service. In the future, the list of stablecoins will increase to expand the payment options for Flybondi customers.

The airline hopes its experiments with NFT will prove successful and other companies will follow suit.

“This innovation in the industry will provide more flexibility for travelers. They will be able to change travel plans and use better fares without the risks associated with buying tickets in advance. The introduction of blockchain and NFT into airline business operations will help develop the secondary market. This move will unite the travel sector and Web3, create new sources of revenue and significantly reduce airline costs,” said Travelx executives.

In May, Dubai-based airline Emirates reported interest in collectible tokens and even began accepting bitcoin as payment.

A few years ago, another company, Etihad Airways, began using blockchain for more efficient data management and transparent baggage tracking without involving third-party operators.

According to a May study by MarketsandMarkets, the NFT market will grow 35% to $13.6 billion by 2027, driven by the growing demand for digital art, as well as the active involvement of gaming communities in the industry.

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