August 24th, 2026 – Seoul, South Korea
FlyEdge, a B2B platform focused on tokenizing airline loyalty value, has opened a multilingual public preview that allows airlines and travelers to experience and independently verify the full on-chain process—from token issuance and conversion to transfer and redemption.
The preview runs on StreamChain, an EVM-compatible mainnet founded by GW Lee that FlyEdge says was built specifically for aviation loyalty. The company said the network’s aviation-focused architecture and ready-made interfaces were key reasons for choosing it over a general-purpose blockchain.
At the center of the preview is airline control. Through a token factory, airlines can issue an initial supply, mint additional tokens, burn tokens, and transfer them. Transactions are verified through on-chain receipts and finality.
That control addresses one of the biggest concerns surrounding tokenized airline loyalty.
Airlines have traditionally been cautious about making loyalty currencies more liquid because greater circulation could affect breakage—miles that are issued but never redeemed, which can represent an important part of loyalty-program economics. Earlier experiments, including Air France-KLM’s “Miles on Blockchain” proof of concept in 2017–2018, demonstrated interest in blockchain while also highlighting the business challenges surrounding airline loyalty.
FlyEdge’s model is designed to keep those decisions with the airline. Airlines retain control over official value, permitted conversions, and the services for which tokens can be used, while FlyEdge provides a shared infrastructure layer for authentication, ledger functions and settlement.
The company is also attempting to remove the technical friction normally associated with blockchain. Traveler accounts are non-custodial smart accounts protected by passkeys, while network fees are sponsored. Users therefore do not need to manage seed phrases, gas tokens or traditional crypto wallets.
Released in 12 languages on 20 August 2026, the preview is built around four traveler-facing experiences: PASSPORT, a non-custodial wallet and access pass; SHOW, featuring aviation-focused live streams and sponsorship; LAST CALL, centered on imminent seat experiences; and LOUNGE, where users can convert permitted airline tokens and request airline services.
FlyEdge says it has verified 100 pilot assets and activity across all four experiences on-chain, with the results cross-checked through a public blockchain explorer.
The company stresses that the preview does not represent existing commercial deployment by external airlines. It is an invitation for airlines, travelers and media organizations to test and verify the system themselves.
FlyEdge also does not claim that tokenization eliminates airline liabilities. Accounting treatment, it says, remains a decision for each airline in consultation with its auditors and regulators.
“Airline loyalty doesn’t need another general-purpose chain. It needs infrastructure that understands how airlines actually operate,” said John Kim, founder and chief technology officer of FlyEdge. “Rather than asking airlines and the media to take our word for it, we’re asking them to verify the entire cycle themselves.”
FlyEdge’s broader ambition is to build an aviation settlement layer, rather than simply create another mileage token. Its vision is to make airline loyalty value an asset that airlines and travelers can move, use and audit while airlines retain control over their own loyalty economics.
The company’s tagline captures the idea: “Unlocking the True Value of the Skies.”
About FlyEdge
FlyEdge is an aviation-focused B2B infrastructure platform built on StreamChain, designed to unlock the true value of tokenized airline loyalty. Founded by John Kim, who also serves as the company’s chief technology officer, FlyEdge bridges enterprise-grade controls for airlines with frictionless, passkey-secured non-custodial accounts for travelers, providing a scalable settlement layer for the aviation industry. To explore the public preview and learn more, visit https://flyedge.io/en.
Contact
GW Lee
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