NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: Bitcoin Price Tumbles Toward $98,000: What’s Driving The Drop And What Lies Ahead
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: Bitcoin Price Tumbles Toward $98,000: What’s Driving The Drop And What Lies Ahead

Companies Explore Bitcoin Technology For Travel Authentication

newsbtc
newsbtc
Last Updated: June 11, 2024 1:27 pm
3 mins read
Bitcoin Technology

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Companies are looking at various ways to implement Bitcoin technology these days, and managing traveler identification is one of the potential opportunities. ShoCard and SITA are exploring what Bitcoin technology is capable of in this regard.

Bitcoin Technology For Identification Purposes

ShoCard has been working on merging the Bitcoin blockchain with storing identities in a secure manner. Doing so would let anyone quickly retrieve their details and prove they are who they claim to be. This can be quite a valuable tool in the long run, regardless of where one is at any given time.

Collaborating with SITA on this project is an exciting choice, given the IT company’s experience in the air transport industry.  Should this collaboration prove to be a success, it will be easier for consumers to get through border airports. Speeding up passport checks if something people and airlines have been waiting for for quite some time now.

The way this would work is by generating a Single Travel Token containing all of their travel documentation. Scanned documents and sealed with a public and private key, similar to how Bitcoin addresses are protected. All of the documents are encrypted and hashed, and the service allows anyone to verify their authenticity by using the public key. Sharing that token can be done through QR codes, a technology which is often used in the world of Bitcoin payments.

Combining all of the necessary documents required for traveling across borders into one convenient solution is a significant use case for Bitcoin technology. Retrieving a passport, visa, ESTA application, or even biometrics without dealing with documents is an exciting concept. Paperwork gets lost or misplaced quite easily and causes unnecessary delays during the check-in and boarding process.

However, it is important to keep in mind airport staff may still require travelers to show their paperwork as well. Customers who are labeled as “frequent travelers” will get a bit of leeway in the future, though. Keeping in mind how authorities around the world all have their own system for storing traveler identifications, this unified approach holds a lot of promise for the future.

It will take some time until airports all over the world get on the same page, though. Some regions have far stricter identity checks compared to others, and creating a decentralized standard will not happen overnight. That being said, since no one can control the blockchain, there would be no political agendas at play either, which is a welcome change.

So far, SITA and ShoCard have only been working on a prototype using Bitcoin technology. SITA has a foot and a half in the door, though, as they work with close to 90% of the airline industry. At the same time, this means both parties will have to create a viable and scalable solution before rolling it out to the industry.

Source: TechCrunch

Header image courtesy of NewsBTC

Tweet123Share196ShareSend
newsbtc
newsbtc

newsbtc

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Bitcoin price news

Bitcoin Is Now Tied To A 2-Year Cycle, Warns Investment Firm CIO

Bitcoin’s famous four-year halving rhythm is giving way to a shorter, ETF-driven performance clock, argues ProCap Chief Investment Officer (CIO)...

Jake Simmons 2 hours ago
Best Crypto to Buy After Bitcoin Whale Bets $2 Billion on Market Rebound

Best Crypto to Buy After Bitcoin Whale Bets $2 Billion on Market Rebound

What to Know: Bitcoin Hyper uses a modular Bitcoin L1 + SVM L2 design to deliver high-speed, low-fee smart contracts...

Aaron Walker 3 hours ago
βουτιά bitcoin

Βουτιά Bitcoin το 2026 και ράλι το 2028; Το νέο προϊόν της JPMorgan που κουμπώνει στους κύκλους halving

Η JPMorgan Chase αποφάσισε να «πακετάρει» τον κλασικό τετραετή κύκλο του Bitcoin σε ένα νέο δομημένο προϊόν που συνδέεται με...

Ιωάννης Ριζόπουλος 3 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin

Texas Drops $10 Million On Bitcoin, Officially Buying The Dip First

Christian Encila 1 hour ago
Next Crypto to Explode? 2 Days Left of Best Wallet Token’s $17.5M Presale.

Next Crypto to Explode? 2 Days Left of Best Wallet Token’s $17.5M Presale

Aaron Walker 1 hour ago
Kevin Hasset Takes Pole Position for Future Fed Chair, Best Wallet to Benefit?

Kevin Hasset Takes Pole Position for Future Fed Chair, Best Wallet to Benefit?

Aaron Walker 2 hours ago

Premium Sponsors

Press Releases

  • ChatGPT Tiết Lộ Diễn Biến XRP Và DOGE Sau ETF

    ChatGPT Tiết Lộ Diễn Biến XRP Và DOGE Sau ETF...

    21 minutes ago
  • Meme Coin Tiềm Năng, Những Đồng Đang Tăng...

    31 minutes ago
  • ドージコイン 今後:NYSEでDOGE ETF取引開始、10ドル到達は現実的か?

    ドージコイン 今後:NYSEでDOGE...

    34 minutes ago
  • How to Identify the Best Crypto Presale

    Cách Nhận Diện Các Đồng Coin Tiềm Năng Trong...

    40 minutes ago
  • リップル 今後:感謝祭前にXRP関連ETFが相次ぎ始動し、大口資金の流入が本格化へ

    リップル...

    48 minutes ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.