Ravn Alaska company creates a cryptocurrency for its mileage rewards program

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A FlyCoin executive says one of the benefits of the cryptocurrency reward is that it can potentially rise in value. But it could also lose value, he says.

Ravn Alaska provides a vital service for rural Alaska communities, connecting travelers with cities on the Alaska road system such as Anchorage and Fairbanks.

FlyCoin plans to have the digital tokens available for trade on cryptocurrency exchanges later this year, broadening its value, Moon said. Cryptocurrency can be complicated for people who aren’t familiar with it, he said. FlyCoin plans to build an app that will make it easy to use, he said.

 

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