We believe that content monetisation and eCommerce will be one of the major drivers behind the global demand for micropayments, especially in developing countries. Billon aims to offer its eCommerce and content monetisation merchant services in Poland this autumn and then in the UK by 2018.”
With this project, Billon would for the first time offer a cloud and mobile peer-to-peer solution for so-called Fiat currencies based on DLT. The first trials in the area of content monetisation were successfully completed in 2016. With the support of the European Union, Billon did not, however, make use of public funding programs for the first time. In November 2016, the start-up company had already participated in the sandbox programme launched by the British Financial Conduct Authority.
Russian airline issues flight tickets via Blockchain
Since July 2017, the airline S7, one of Russia’s largest airlines, has been handling ticket sales via the Ethereum block chain. The airline was supported in its implementation by Alfa-Bank, as the news magazine Kommersant reported. However, it was not clear whether it was a public or a private database. Airline S7, which is the country’s second-largest airline with around 9.5 million passengers, wants to use this technology to reduce the transaction time between intermediaries and the airline, which has so far been around two weeks. Payment transactions are also to be processed faster and more effectively because commissions received by intermediaries can be automatically deducted from the invoice amount.
The blockchain in the automotive industry: Renault plans to save the repair data in a database
As was announced in the summer of 2017, the French car manufacturer Renault is working on a block-based and digital maintenance book for vehicle repairs. The manufacturer is developing a prototype in close collaboration with Microsoft, the Microsoft cloud platform Azure and VISEO, a blockchain company. Renault’s main objective is that the database should contain all the maintenance information from dealers and garages in the database. This would allow all the information, including a time stamp, to be clearly displayed on a single platform. According to the Renault managers, this option is of interest not only to dealers and repairers, but also to insurance companies.