The Singapore Airlines (SIA) launched its own digital wallet with loyalty on the basis of the blockchain. In published yesterday the press-release States that the software development of the wallet made by Microsoft and KPMG Digital Village.

A new purse was named KrisPay by analogy with the loyalty program SIA KrisFlyer. The proof of concept wallet SIA was successfully tested in February. He will convert the bonus miles into tokens KrisPay miles, which you can pay for purchases made through the mobile app.

Minimum installed waste KrisPay is 15 miles, approximately 10 cents. These tokens will be accepted at the point of sale of food and beverages, gasoline, and other partner stores.

According to SIA, KrisPay miles are already taking 18 local sellers and in the future their number will continue to grow.

It is worth noting that Microsoft created for this wallet, is active in the development of blockchain technology. So in may, the company presented a package blockchain tools to its Azure cloud platform, launched last summer.

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