Lightyears LYS

The airline industry experiences great number of issues because a lot of processes are carried out using technologies. These processes are considered to be not only inefficient but also quite challenging. When users rely on individual servers to store personal data, the possibility that this info will be leaked is rising, as we have no control over the process. Other issues include the fees that middleman imposes, expensive ticket prices, some technical breakdowns and burdensome long processing time.
Lightyears tries to implement blockchain technology to the airline companies to benefit both companies and customers. The main focus is made on the latter, which is expressed in the payment incentives and reward system. Customers pay for their flight tickets and in return they get tokens which can be exchanged for other extra conveniences including in-flight meals, better seats and flight tickets themselves.
While clients want to get cheap tickets, they can be caught by scam site with their credit card information being stolen. Lightyears project tries to secure its users’ information by providing secure transaction model with fast flow processing and the possibility of instant refund. It also offers a digital wallet linked with partnered airlines, so that passengers can carry out any action from payments to ticket rebooking.
Project’s token is built on Ethereum blockchain with large smart contract capabilities and miners’ network. The main and the most pleasant feature of the platform is airlines rewards system: consumers purchasing flight tickets through Lightyears DApp with partnered airlines receive a certain number of tokens as a reward. Refunds, some adjustments, rebooking and other actions can also be performed through integrated dApp.

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