Bagikan artikel ini
Singapore Airlines to Launch Blockchain-Based Loyalty Wallet
Singapore's largest airline operator is turning to blockchain technology to boost spending of its loyalty program air miles.
Oleh Wolfie Zhao
Singapore's largest airline operator is turning to blockchain technology to boost spending of its loyalty program miles.
In an announcement on Feb. 5, Singapore Airlines (SIA) said it will launch a digital wallet for its frequent-flyer KrisFlyer program in six months that will be powered by a private blockchain.
STORY CONTINUES BELOW
Jangan lewatkan cerita lainnya.Berlangganan Newsletter Crypto Daybook Americas hari ini. Lihat semua newsletter
According to the airline, the blockchain-based wallet will enable members of the program to spend their air miles at retail partners for point-of-sale transactions.
The company said the initiative comes about after a successful proof-of-concept trial in partnership with KPMG and Microsoft, and is currently signing up retail merchants – initially in Singapore – to join the blockchain-based service.
The new project is the latest instance where blockchain technology is being adopted by airline and airport operators to enhance their operations.
As reported previously, Australia's Brisbane airport is rolling out bitcoin payments across some terminal shopping and dining facilities.
While U.S. airline Surf Air has announced plans to accept cryptocurrencies for ticket payments, and Russian airline S7 is reportedly exploring blockchain technology for the issuing of flight tickets.
Singapore Airlines image via Shutterstock
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
SGX's Crypto Futures Draw New Liquidity, Not Diverted Cash, Exchange's President Says
Institutions are pursuing cash-and-carry arbitrage, not outright bullish plays, Syn said.
What to know:
- SGX's bitcoin and ether perpetual futures are building liquidity incrementally, Michael Syn, president of the Singapore exchange, said.
- Institutions are pursuing cash-and-carry arbitrage, not outright bullish plays, he added.
- The exchange's regulated perpetual futures offer improved risk-management practices, avoiding the high-leverage auto-liquidations common in unregulated markets.
Top Stories
