Taiwan’s economy has just witnessed the first real integration of blockhain technology in their system, which they can directly benefit from. Huafu Enterprise Holdings Limited has partnered with Far Eastern Air Transport to launch the world’s first aviation tourism blockchain project.
The collaboration between Huafu Enterprise Holdings Limited, (the issuer of the ALLN Networking Token) and the Far Eastern Air Transport in the aviation industry, has contributed greatly towards the aim of increased optimization of blockchain technology.
The joint press release that the companies have released indicate the four crucial factors that this collaboration has already achieved. The brilliant aspect of these achievements are that each of them are the first of their kind.
To begin with, they are the first aviation company in Taiwan to use blockchain in the real economy. They are also the first aviation company and token to have M.O.B.C as their allies who are known for being the biggest blockchain incubator. ALLN is the first aviation tourism digital asset which has partnered with Southeast Asia’s biggest digital asset exchange MBAex.
The token has also collaborated with MAXONROW, which is the world’s first blockchain with an instant Know Your Customer process. This KYC process optimizes “the quality of blockchain assets by using a state of the art identity management framework that can provide instant verification of a customer’s background.”
The Chief Operating Officer of Huafu Enterprise Holdings Limited, Tseng Chin-chih said that,
“61 years ago, Far Eastern Air Transport became Taiwan’s first aviation company. At the same time, it was also the first company with flights to Mainland China. Now that we have Huafu’s ALLN Networking Token set into action, we are once again pioneers in the world of aviation tourism by applying blockchain technology to the real economy. By setting this example, we look forward to more corporations to join and lead Taiwan’s economy into the next era.”
A previous report was released which documented the aims, objective and how the network functions.That report stated that:
“Travelers can choose ALLN as the payment tool for booking their itinerary via a travel agent and tracing the blockchain data for acceptance checking. ALLN’s smart contract allow consumers to buy a ‘right of ownership’ of flight tickets. So, consumers don’t need to provide ID or name when booking and paying the ticket. At last, consumers can transfer the rights to anybody or issue the tickets for self-using before the deadline set by airlines. The restaurants or duty-free shops in the airports are the scenarios for all flight-passengers in travel. However, the quality of the restaurants and shops is a question mark for travellers. ALLN is not only a payment tool providing a bridge between businesses and consumers of air transport and tourism in airports, but also a blockchain tool to evaluate the services and commodities when the owner pays at checkout. This permanent data saving technology supports other travelers a reference to select a restaurant or shop also improves the businesses to provide high qualities service and goods.”