• Irish start-up plans to use block chain to compensate airline passengers

    13 days ago - By Travel and Tourworld

    An Irish start-up is using block chain technology to ensure airline passengers are better informed and immediately get compensation or a refund when flights are delayed or cancelled.
    Travacoin, a bitcoin payments company founded by aviation industry veteran Brian Whelan, is looking to raise up to €1.5 million in funding to turn its minimum viable product into a fully working solution that would allow airlines to pay out digital tokens to affected passengers in the event of disruption.
    The hope is that the new mobile app would be a win-win for everyone associated with passengers getting...
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