Benefits of Chain-m include:
- Privacy and transparency - Single view of ticketing transactions for Airlines and agencies.
- Quick reconciliation - Eliminates / reduces instances of disputes by implementing smart contracts.
- Reduced efforts in resolving disputes - Ease of accepting / disputing ADM/ACM reduces effort spent on the disputed transactions.
- Peer-to-peer transmission - All actions are visible to all parties with transactional history maintained for future reference.
- Reduced Cost - Collective verification of ecosystem helps reduce cost.
- Highly protected - data through intrinsic data protection mechanism of blockchain.
- Transactions Record Keeping - Immutability of data on the blockchain helps record keeping.
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