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, resembling miles and enterprise lounge vouchers.
On Aug. 31, Lufthansa introduced the Uptrip cellular software, a mission 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 buying and selling playing cards for each flight and declare rewardsStudy extra concerning the new Miles & Extra and @LHInnovationHub expertise: https://t.co/MjQihK8xUx pic.twitter.com/JfUEoUJxNR
— Polygon (Labs) (@0xPolygonLabs) August 31, 2023
In response to the announcement, airline passengers can scan their boarding passes utilizing the app and alternate them for NFT buying and selling playing cards. Throughout 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, resembling 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 phases as customers are curious however nonetheless hesitate to dive in. Weymar highlighted that the mission makes an attempt to make Web3 accessible to their clients.
In response to Christopher Siegloch, head of program growth at Miles & Extra, there was quite a lot of curiosity in Uptrip. The announcement famous that there have been over 20,000 sign-ups and 200,000 NFT buying and selling playing cards minted.
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Earlier this 12 months, Lufthansa expressed curiosity in integrating Web3 applied sciences into its enterprise. On Might 12, Lufthansa Group’s Johannes Walter informed 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 business have additionally been asserting 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.
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