This blog is about How BlockChain is Revolutionizing Travel Industry.
The discovery of blockchain technology has allowed more uses for it every day. As we can see that blockchain is spreading everywhere from Financial sector to Medical sector, from the private sector to government sector & now it is introduced in Traveling sector.
Today we will talk about Lennük:- Blockchain For Travel Industry
1. What is Lennük?
===> Lennük is a platform which connect buyer and seller . It offer a travel stakeholder a way to distribute their products to more customers. This new marketplace will inevitably provide customer with more choice with reduced cost due to competition between travling stakeholders.
Now this platform is based on blockchain. All deals happen here with smart contract which is powered by ethereum blockchain.
2. What does LENNÜK offer?
===> It offer variety of services which help in strong and efficient travling infrastructure.
a) Identity Management
b) MRO
c) Ticketing
d) Loyalty/Reward Miles Program
e) Airport Collaborative Decision Making (ACDM)
f) Airline Ancillary Revenue Generation
g) Management of In-Flight Entertainment
h) Fast Insurance and Compensation Management
i) Flight Planning
j) Chattering Services
k) Luggage Handling and Control
l) Cargo and Custom Clearing etc.
3. What is NÜK Token?
===> NÜK Token is used in this LENNÜK platform to make transaction.
4. How do travelers use LENNÜK?
===> Travelers can use the Lennük application to buy tickets at cheaper prices, have an irrefutable ledger that stores their identity, maintain their reward miles which they can sell on exchanges for cash, and many many other uses still to come.
Link to telegram group.
Link to site.
Fact Time:-
- Airline industry generates about $640 billion.
- Aviophobia is a fear of flying.
- The annual risk of being killed in a plane crash for the average American is 1 in 11 million.
- Passengers who sit near the tail of the plane are 40 percent more likely to survive a crash.
- In the 1980's, Robert Crandall, then head of American Airlines, made the deal with airline food, saving the company $40,000 a year by removing one olive from each in-flight salad.
- It is impossible to open a plane door mid-flight.
- The world's busiest airport is Hartsfield-Jackson Atlanta International Airport.
- A commercial jet has an average cruising speed of 550-580 mph.
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