Lufthansa is the largest airline in Europe. Lufthansa's annual profit exceeds 37 billion euros. All the more important is the news that the company is starting an ICO (Initial Coin Offering). Lufthansa digital tokens will be created on the basis of Ethereum and will receive the designation LIF.

The sale of tokens begins on November 1st. The collected funds will be used to finance and implement future services, including decentralized ones. The use of blockchain technology will allow passengers to buy tickets at cheaper prices. The legality of the ICO, which will be carried out by the Lufthansa Group, was verified by Swiss auditors. The issuance of Lufthansa digital tokens is the first initiative of its kind by a large company not directly related to the IT field.

Source: blockchain.ru