Russian Airline Now Using Ethereum Blockchain by raptorman

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technology · @raptorman · Jul 27 '17

$1.26

Russian Airline Now Using Ethereum Blockchain

![Plane](https://cdn.pixabay.com/photo/2015/10/22/14/36/plane-1001290_960_720.jpg)

Russian airline S7, in combination with Russia's largest private bank, is now using the block-chain in order to process tickets [according to a local report](https://www.kommersant.ru/doc/3365852).

The aim of the program was to avoid long settlement times between the airline and the agent, which typically take up to two weeks.  It also automatically deducts the agent's portion of the ticket price, saving time as well.

This is just one use of block-chain technology, which is fast working it's way into the modern business world.  Other businesses have been reported to be considering similar uses as well, and we should expect many of them to come to fruition soon.

👍 randowhale, staticinstance, randowhalebonus, kriskabiru, thesloth, raptorman, holoz0r, techstar581, st3llar, jerardg, amritlocham, randowhaletrail, bachthien, ergest

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@randowhale · Jul 27 '17

This post received a 3.9% upvote from @randowhale thanks to @raptorman!  For more information, [click here](https://steemit.com/steemit/@randowhale/introducing-randowhale-will-you-get-the-100-vote-give-it-a-shot)!

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@staticinstance · Jul 27 '17

Good news, makes a lot of sense!

👍 raptorman

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@raptorman · Jul 27 '17

Yup!  I'm so excited to see this happening

👍 staticinstance

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