KrisFlyer in blockchain release

The SIA Group’s KrisFlyer frequent-flyer program is to launch a blockchain-based airline loyalty digital wallet capability that will use KrisFlyer miles to enable everyday spending at retail partners.
 
A new digital wallet app utilising the technology is expected to be rolled out in about six months, allowing members to use ‘digital KrisFlyer miles’ for point-of-sale transactions at participating retail merchants.
 
Following a proof-of-concept exercise carried out in collaboration with KPMG Digital Village and Microsoft, the airline will sign up retail merchant partners, initially in the Singapore market.
 
The first-of-its-kind lifestyle digital wallet app for an airline loyalty program will be enabled through blockchain technology, using an SIA-owned private blockchain involving only merchants and partners.

KrisFlyer in blockchain release

The SIA Group’s KrisFlyer frequent-flyer program is to launch a blockchain-based airline loyalty digital wallet capability that will use KrisFlyer miles to enable everyday spending at retail partners.
 
A new digital wallet app utilising the technology is expected to be rolled out in about six months, allowing members to use ‘digital KrisFlyer miles’ for point-of-sale transactions at participating retail merchants.
 
Following a proof-of-concept exercise carried out in collaboration with KPMG Digital Village and Microsoft, the airline will sign up retail merchant partners, initially in the Singapore market.
 
The first-of-its-kind lifestyle digital wallet app for an airline loyalty program will be enabled through blockchain technology, using an SIA-owned private blockchain involving only merchants and partners.