Lufthansa, one of many largest airline teams in Europe, has launched its nonfungible token (NFT) loyalty program on the Polygon Community. This system will enable passengers to show their journeys into NFTs that may unlock rewards, reminiscent of miles and enterprise lounge vouchers.
On Aug. 31, Lufthansa introduced the Uptrip cellular utility, a challenge by Lufthansa Innovation Hub, the airline group’s digital innovation unit, and Miles & Extra, the airline’s frequent flyer program.
Lufthansa’s @Uptrip_app loyalty program is constructing #onPolygon to show flights into rewards
Gather NFT trading playing cards for each flight and declare rewards
Be taught extra in regards to the new Miles & Extra and @LHInnovationHub expertise: https://t.co/MjQihK8xUx pic.twitter.com/JfUEoUJxNR
— Polygon (Labs) (@0xPolygonLabs) August 31, 2023
In line with the announcement, airline passengers can scan their boarding passes utilizing the app and change them for NFT trading playing cards. Inside the app, customers should join their crypto wallets to mint and switch their Uptrip NFTs. As soon as passengers full particular NFT collections, they are going to be eligible for rewards, reminiscent of flight upgrades, airport lounge entry, frequent flyer standing or award miles.
Kristian Weymar, an govt at Lufthansa Innovation Hub, mentioned within the announcement that Web3 is in its early levels as customers are curious however nonetheless hesitate to dive in. Weymar highlighted that the challenge makes an attempt to make Web3 accessible to their clients.
In line with Christopher Siegloch, head of program improvement at Miles & Extra, there was a variety of curiosity in Uptrip. The announcement famous that there have been over 20,000 sign-ups and 200,000 NFT trading playing cards minted.
Associated: Venezuelan worldwide airport to just accept Bitcoin funds: Report
Earlier this 12 months, Lufthansa expressed curiosity in integrating Web3 applied sciences into its enterprise. On Might 12, Lufthansa Group’s Johannes Walter advised Cointelegraph in an interview that decentralization and tokenization will result in alternatives for brand new enterprise fashions.
In the meantime, different gamers within the airline trade have additionally been saying their intent to implement Web3 of their companies. In 2022, the United Arab Emirates’ largest airline firm, Emirates, additionally introduced its plans to just accept Bitcoin funds and launch NFTs.
Gather this text as an NFT to protect this second in historical past and present your assist for impartial journalism within the crypto house.
Journal: $3.4B of Bitcoin in a popcorn tin: The Silk Street hacker’s story