S7 Airlines and Sberbank to integrate blockchain solutions by Sep-2020

    S7 Airlines announced (26-Aug-2020) the carrier and Sberbank are completing the integration of blockchain solutions to allow Sberbank corporate clients to purchase tickets through S7 Airlines‘ block chain platform from Sep-2020. Sales agents with Sberbank accounts will be able to complete transactions with the carrier through smart contracts using tokens for virtual payment. Previously agents were forced to use bank guarantees and deposits. S7 Group commercial director Igor Veretennikov said: “The blockchain platform allows us to continuously expand the network of agents that are working with S7 Airlines directly. We note significant interest among partners”. [more – original PR – Russian] [more – original PR – Russian – II]