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Air New Zealand exploring potential blockchain uses

Air New Zealand has partnered with Swiss startup Winding Tree to explore blockchain technology for a number of potential uses, including retail airfares, cargo and baggage tracking, securing information and loyalty programs. The company hopes that employing blockchain technology will lower transaction fees and bolster information sharing. This should also lead to customers benefiting from reduced costs for services and the airline benefiting from the rapid and secure sharing of more information.

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