What can cryptocurrencies offer to aviation?

Cryptocurrencies have been able to cause quite a stir around themselves in recent years. Their popularity has grown enormously in recent years and their reputation has attracted a large part of the population but also the businesses that have adopted these technologies.

There is also huge potential for the use of cryptocurrencies in the aviation industry. Why? There are several factors, which make this method attractive. First of them is popularity, which has been drastically growing and as far as any company wants to be open to the wide variety of payment methods, the aviation sector will too. Another advantage is lower transaction costs, fractional in comparison with payment card fees.

Apart from the above, cryptocurrencies are independent, international, and truly digital. A huge part of aviation is already running in the digital world and payment is no exception. In addition, this method eliminates exchange rates, costs, and difficulties with other currencies.

The first adopters of these technologies have been private charter companies, which are taking Bitcoin as a payment for services. Also, some of the airlines have started to accept these payments. And according to their results, crypto payments are contributing to their sales by quite a negligible amount.  This rapid adaptation in the aviation business suggests that the revolution in the fields of cryptocurrencies is just beginning. And JETY is ready to seize these opportunities!