#CryptoCurrency / Sberbank Teams With S7 Airlines For Crypto Ticket Sales

… Sberbank is said to be teaming with Russian air carrier S7 Airlines on a ticket sale technology that involves tokens and smart contracts… The new technology is reportedly only geared toward business customers in its current phase of build out, and the technology aims to reduce settlement time to only 20 seconds from as long as 10 days.

The new technology is reportedly scheduled for a September launch… It reportedly harnesses a unique blockchain technology that enables firms to make smart contracts in addition to blockchain apps.