Blockchain
TRAVELX AND AIR EUROPA LAUNCH WORLD’S FIRST NFT FLIGHT
TravelX, the company building the travel industry’s first blockchain-based distribution protocol, today announced that it has joined forces with Air Europa, the third-largest Spanish airline flying to over 60 destinations around the world, to release the world’s first NFT (non-fungible token) flight ticket series, or “NFTickets.”
With purchase, owners will receive access to a special Air Europa flight to Miami Beach this November 29th, 2022, as well as perks and events ahead of the premier art show of the Americas taking place in Miami Beach this December. A series of NFTickets (10) in partnership with acclaimed artists will be released every 14 days via auction platform travelxchange.com/, with the first-ever available during a live auction on April 11 at 4 p.m. EST.
“Innovation is in our DNA, we have been pioneers in applying new technologies within our industry and it can not be different with NFTs, which could be the next step in the travel industry,” said Bernardo Botella, Global Sales Director at Air Europa. “We are proud to be the first airline to adopt blockchain technology for inventory management and distribution. We’re excited to see where this could take travel as a whole and how it could improve customer experience.”
NFTickets function as traditional NFTs and are individually rare. When traded, transactions are recorded safely and securely on the blockchain. When ready to use, the owner can present the NFT and a matching flight ticket will be issued. The TravelX and Air Europa NFTickets will offer buyers an opportunity to hold a piece of travel industry history and participate in the first-ever blockchain-backed flight.
The NFTicket series titled, “The Art as the Destination,” is being curated by Ximena Caminos, who commissioned acclaimed multi-disciplinary artist Carlos Betancourt for the first piece. His artworks explore issues of memory, and his own experiences, while also dwelling in issues of nature, the environment and matters of beauty, identity and communication. Carlos Betancourt artworks are included in the permanent collections of the Metropolitan Museum of Art NY, Smithsonian National Portrait Gallery DC, amongst others.
“Artists are intrigued by discovery, exploration,” said Betancourt. ” The same is with technology. With this piece, I’m experimenting with the boundaries of art and technology. The animated artwork is inspired by concepts of space, magical realms and travel experiences, as well as by the memories and feelings these experiences evoke.”
“It’s very exciting to give birth to a new kind of NFT, minted on Algorands carbon-negative blockchain,” said Facundo Diaz, Co-Founder of TravelX. “We will blend the best of the traditional NFT, but add real-world application and experience. This provides a better flight ticket that travelers can easily manage and trade from their blockchain wallet, combined with a new kind of collectible art piece. We believe NFTickets will be the perfect fusion of art, travel, and technology.”
To celebrate, TravelX is hosting an invite-only event at the Eiffel Tower, amid Paris NFT Day (April 12) and Paris Blockchain Week (April 13-14), where the final bid for the first-ever NFTicket will be revealed.
For more information about TravelX, visit https://www.travelx.io. For more information about the Paris, Eiffel Tower event, visit: https://nfticket.travelx.io/
Blockchain
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Blockchain
Humanity Protocol Collaborates with OKX Wallet to Redefine Decentralized Identity Verification and Reward Users
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Blockchain
Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity)
Building Customer Trust in AI with Blockchain
Blockchain is emerging as a critical tool in addressing the trust deficit in artificial intelligence. By leveraging decentralized ledgers, companies can provide transparent data provenance, ensuring that AI algorithms operate ethically and without bias. This integration allows customers to verify the origins of data used in AI models, fostering greater confidence.
Businesses deploying blockchain for AI governance must prioritize simplicity and accessibility in their implementations. While the technology’s potential is immense, it is essential to communicate its benefits in a manner that resonates with non-technical stakeholders.
Source: Harvard Business Review
Blockchain at a Crossroads: Balancing Promise and Peril
As blockchain technology matures, it finds itself at a crossroads. On one side, the promise of decentralization continues to captivate industries, offering solutions for supply chain management, finance, and digital identity. On the other, challenges such as regulatory scrutiny, scalability issues, and energy consumption threaten to impede its growth.
The path forward will require a concerted effort from developers, regulators, and industry leaders. Collaborative frameworks that address these challenges while preserving blockchain’s core principles of decentralization and transparency are key to ensuring its sustained relevance.
Source: Cointelegraph
BRICS vs. USD: Blockchain’s Role in Economic Shifts
The BRICS nations (Brazil, Russia, India, China, and South Africa) are exploring blockchain-based solutions to reduce their reliance on the US dollar in international trade. By adopting decentralized technologies, these nations aim to foster economic independence and promote stability in the face of geopolitical tensions.
This initiative exemplifies blockchain’s potential to redefine global financial systems. However, its success hinges on addressing interoperability issues and fostering international collaboration. The evolution of blockchain-based trade networks could mark the beginning of a new era in economic diplomacy.
Source: CoinGeek
Hungri Games Expands MetaHorse Unity to Base Blockchain
Hungri Games has announced the expansion of its MetaHorse Unity project to the Base blockchain, aiming to enhance the gaming experience with improved scalability and lower transaction costs. This move aligns with the growing trend of integrating blockchain into gaming to create transparent and secure ecosystems.
By adopting Base, a layer-2 blockchain, MetaHorse Unity seeks to offer players a seamless and cost-effective gaming experience. The partnership highlights the potential of blockchain to transform the gaming industry, enabling innovative monetization models and fostering player engagement.
Source: CoinTrust
Nano Labs Purchases Trump Tokens to Celebrate Presidency
Nano Labs commemorated former President Donald Trump’s legacy with the acquisition of 47 Trump Tokens. This symbolic gesture underscores the intersection of blockchain technology and cultural milestones, showcasing how tokens can represent historical and social narratives.
The purchase also highlights the increasing role of blockchain in creating unique, tradable assets that capture moments in time. As tokenization continues to gain traction, it is redefining how value and significance are assigned in the digital age.
Source: PRNewswire
Final Thoughts: Blockchain’s Expanding Horizons
This week’s developments highlight the diverse applications of blockchain technology, from fostering trust in AI to reshaping global economic systems. As the industry navigates challenges and opportunities, collaboration and innovation will be crucial in unlocking blockchain’s full potential.
While hurdles such as scalability and regulation persist, the technology’s ability to drive transparency, security, and inclusivity remains unparalleled. The coming years will undoubtedly see blockchain continue to evolve, solidifying its role as a transformative force across sectors.
The post Blocks & Headlines: Today in Blockchain (BRICS, Hungri Games, Nano Labs, MetaHorse Unity) appeared first on News, Events, Advertising Options.
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