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American Express Turns Travel Memories Into Digital NFTs

Key Takeaways

  • ​Amex Passport offers US cardholders digital travel stamps stored as NFTs on the Ethereum-based Base network;
  • Each stamp includes the region, a brief user-written memory, and the date, without sharing personal data;
  • The feature auto-generates stamps for eligible past trips and lets users save or share their travel memories on social media.

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American Express Turns Travel Memories Into Digital NFTs

American Express has rolled out a new feature called Amex Passport, which offers customers a way to mark and remember their travels.

These virtual stamps are stored on a blockchain platform and act as personal reminders of trips taken.

The digital stamps are designed as non-fungible tokens (NFTs) and are stored on Base, a blockchain built on the Ethereum ETH $4,502.04 network. Each stamp records three details: the region visited, a short description, and the date of the trip.

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Cardholders in the US with a personal American Express card linked to their online account can use the feature. The NFTs are non-transferable and intended for personal use only.

Stamps can be customized to reflect memorable parts of the journey, such as a popular site visited, a great restaurant meal, or a hotel experience.

The program aims to give travelers a new way to save and revisit their experiences. Amex Digital Labs Executive Vice President Luke Gebb stated on September 15 that the idea responds to the fading practice of receiving physical stamps in passports, which many travelers have missed.

Amex Passport will automatically generate stamps for any eligible trips booked through the platform within the last two years. Users can save these stamps to their devices or share them on social media.

Meanwhile, PayPal recently expanded its peer-to-peer (P2P) payment services by allowing users to send and receive cryptocurrency. What did the company say? Read the full story.

Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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