FlyEdge — a B2B platform specializing in the tokenization of airline loyalty programs — has opened public access to the preliminary version of its blockchain infrastructure. Airlines and passengers can test the system and track the entire process on the blockchain — from the issuance and conversion of tokens to their transfer and redemption.
The platform operates on StreamChain — an EVM-compatible blockchain that specializes in solutions for airline loyalty programs. Airlines retain full control over their loyalty tokens. Through a dedicated FlyEdge tool, they can issue and burn tokens, as well as transfer them. All operations are recorded on the blockchain and can be verified using corresponding records. This approach is intended to give airlines more control over the issuance and use of bonuses.
FlyEdge also aims to make blockchain invisible to ordinary passengers. Users receive non-custodial smart wallets secured with passkeys, and the network fees are covered by the platform itself. Passengers will not need to store seed phrases, purchase tokens to pay for fees, or use typical crypto wallets.
The preliminary version of the platform was launched on August 20th in 12 languages. FlyEdge stated that it has already processed 100 test assets and user operations on the blockchain. The company emphasized that the preview launch does not signify the start of commercial operations with real airlines. This version is intended for testing the system by airlines, passengers, and the media.
Image: Magnific
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