While aviation is the most important and popular modes of transport either for freight or passengers transport, in the year 2017 alone, the industry boasted of total market capitalization of $250 trillion dollars, with 4 billion passengers and 107,000 flights. Boeing undertook a study in the same year and it revealed that the aviation market outlook was bright with up to double the number of passengers and freight by 2037.
The study’s numbers went ahead to reveal that, with such statistics the number of accidents that are related to air transport stood at a staggering 300,000 with most of them fatal (that includes both commercial general or private aviation), despite the fact that aviation is considered as the one of the safest types of transportation.
The Aeron Solution
While it is an innovative solution that is based on blockchain- platform, it is set to improve the aviation industry safety. By utilizing the technology, Aeron will attempt to tackle some of the most common industry problems especially in pilot training, management of flight school, under-reporting on flight hours, flight log forgery, while stopping any modification of logged data or distortion of the same and outdated system replacement. This leaves transparent data which is easily available.
The journey has been so far successful for Aeron, surpassing milestones in the process, the team has been able to hit a major milestone with the completion of a mobile platform launch for Google play and apple app store, this along with the aerotrips.com market place already backend into the blockchain system.
This leaves the team on track with a significant milestone which will primarily be on payment tokens on Aerotrips.com by the end of June. The use of such tokens will facilitate a number of aviation services which will be featured on the web portal, including chartered flights, to air safaris training.
Aeron Blockchain Data Repository
The application once fully deployed will be able to flag all forms of discrepancies between the Aeron data sources, the pilot, the air traffic control and the flight where available. The application will be important in detecting any arising issues, keeping up-to-date information on the pilot information, licenses and flagging any irregularities.
The application will be forming a great part of the aviation ecosystem, with all the information on flight schools, with pilots being able to log flight hours and their records. In aerotrips.com users can be able to access the database in a curated form, schools, and training institutions will significantly improve the automation process.
The CEO Artem orange had this to say;
“We are proud to announce the integration of ARN token to be a payment system for Aerotrips.com. The excitement we have for the future of aviation as Aeron is by putting the passengers first which is a vital part of our company beliefs. The team that developed the system is in an advanced stage of finishing off the storage portal which is to be decentralized. We are hopeful for the rest of what seems to be a successful year ahead thanking everyone has supported Aeron.”
This is a web portal that incorporates market place aviation services hosting thousands of flight schools throughout the world. Aerotrips.com also features other curated offers including flight charters, flight courses, Aircraft rentals, Air taxis, and other such services both in private and general aviation. It has everything an enthusiast needs.
The Aeron objective is to make flying safer and the blockchain technology being used. Experts from the aviation industry, with developers, designers and marketing experts were all involved in the development of the technology. The difference in training and air travel can be directly attributed to the blockchain.