Blockskye’s Astonishing $15.8M Boost Propels Blockchain Travel Revolution

Key Points

1. Blockskye aims to revolutionize the travel industry by using blockchain technology to reduce costs, increase transparency, and streamline processes.

2. The $15.8 million Series C funding round was led by investors within the crypto ecosystem, including the venture capital arm of a major airline.

3. The platform addresses key industry pain points such as high intermediary fees, manual processing, and lack of transparency in tracking expenses.

4. Blockskye's technology has been successfully implemented in real-world scenarios, such as with PwC, demonstrating its practical benefits for large enterprises.

5. The company is exploring the use of crypto payments, including stablecoins, to further enhance efficiency in business-to-business travel transactions.