One of the largest Asian airlines is using blockchain technology for air cargo flights
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Answer One of the largest Asian airlines is using blockchain technology for air cargo flights
The use of blockchain technology in the field of logistics is increasingly expanding.
Recently, one of the major airlines in Asia, AirAsia, announced its partnership with Teleport, the logistics platform to offer eleven weekly freighter-only flights, serving regional destinations in Asia from Suvarnabhumi Airports to Don Mueang in Bangkok.
The cargo capacity of flights, operated by AirAsia subsidiary AirAsia X and AirAsia subsidiary, can be seen through the blockchain-based Freightchain, a platform of Teleport.
She told Teleport that the adoption of the “Freightchain” platform allows it to provide capacity on flights to other intra-carriers without having to go through traditional connections, which is a manual and time-consuming process.
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stated Mr. Adrian Lauritz, Chief Operating Officer of Teleport:
Freightchain allows buyers to search and discover different routes and routes available for booking on the network, including inter-line itineraries created by Freightchain on demand by combining flights of different airlines.
Also, buyers can make reservations by submitting their offers for the required itineraries online and receive instant confirmation from the airlines once the offer is accepted.
Destinations served by cargo-only flights include weekly flights to Kuala Lumpur and twice-weekly flights to Chennai (MAA), Dhaka (DAC) and Singapore.
Weekly flights connect New Delhi with twice-weekly flights to Kuala Lumpur.
The carrier confirmed that additional capacities can be booked on passenger flights operated by all AirAsia subsidiary airlines except AirAsia India through Freeightchain.
Freeightchain was launched in April of this year, and it uses the Sawtooth blockchain to carry out reservations and joint agreements.
Teleport said it represents a strategic initiative and aims to be an independent freight booking platform.
Thailand’s AirAsia X, which has 14 A330s, has leased it to Maersk to transport tires from Thailand to Japan.
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The Thai AirAsia fleet consists of 62 A320 family aircraft.
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