The post Algorand Helps TravelX Mint 17M NFT Tickets with Ease appeared on BitcoinEthereumNews.com.

TravelX built a ticketing system on Algorand, minting over 17 million NFTickets in four years. Algorand continues to expand with fast transactions, AEON payments, and mTBILL integration. For the past four years, TravelX and Algorand have been like complementary traveling companions. On the one hand, TravelX built the infrastructure for blockchain-based airline ticket trading. On the other hand, Algorand became the technological backbone that supported it. The result? More than 17 million NFTickets have been successfully minted, costs remain low, and the network remains active without ever falling. TravelX has been a part of the Algorand ecosystem for 4+ years. Over the years, they have built a very innovative blockchain-based infrastructure that helps passengers buy and sell airline tickets with ease, and helps airlines deploy advanced revenue management strategies.… — Algorand Foundation (@AlgoFoundation) June 12, 2025 Why Innovation Still Bumps Into Old-School IT But the real world, especially at the corporate level, is not as smooth as Algorand’s network. Many companies are still allergic to the word “crypto,” and that puts TravelX in a dilemma. They are a SaaS startup that wants to bring new efficiencies to airlines, but still have to follow the tastes of airline CIOs—who are sometimes more comfortable with the old, closed system. Algorand did not sit idly by. It even offered subsidies to lower the already cheap transaction costs. If you imagine it like buying concert tickets directly from the organizer, the TravelX system should be able to give more control to passengers. Tickets become digital assets that can be traded without drama. But yes, technology adoption is not only about logic. Sometimes, sentiment and perception interfere. Algorand Shows What Scalable Blockchain Looks Like Despite their relationship being tested, Algorand continues to move on many fronts. Last February, CNF reported that the network had processed…

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Filed under: News - @ June 15, 2025 8:11 am