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Blockchain Must Be Solution to Travel Red Tape and Endless Waits

Despite advancements in aviation technology, the mechanisms underpinning the travel industry in this sector haven’t changed much since the 1960s.

Due to the constant moving parts that make up the passenger air travel industry, digitization and automation of operations have been excruciatingly slow. Flight coordination, customer and supply management are often executed across a myriad of incompatible systems with little or no way of harmonizing their operations, resulting in high costs for travelers and a large overhead of up to 35% for companies.

There is nowhere that reflects these inadequacies more graphically than an airport.

Brisbane airport has teamed up with Australian crypto travel company TravelByBit, which designs tourist routes and provides selected providers with a digital currency payment platform. The airport will use the platform to enable flyers to use Bitcoin, Ethereum, Dash and other digital currencies to shop and dine at various stores and restaurants across both of Brisbane’s air terminals.

Getting to the terminal itself has been made easier by blockchain startup AVINOC that brings passengers, airlines, air traffic control and travel agencies together with its advanced, decentralized technology. This company looks to challenge the status quo of old centralized booking companies such as CheckFelix or Expedia.

But what of the airport itself? To many the ordeal really begins at the terminal gates, the traveler having to endure endless ticketing and immigration queues, followed by baggage check-ins, then the sheep pens of passport and visa checks. Many seasoned flyers would subscribe to the view that flying has become time-wasting, stressful and is often a display of complete incompetence by airport authorities and airlines, particularly in some less-developed locations around the globe.

We are now in the digital age and as the Brisbane project shows, it is beyond the time that blockchain should intervene to make the traveler’s experience a happy and smooth one, rather than a recipe for raised blood pressure.

With DLT solutions, traveler identities can be verified in an instant at home via a mobile or desktop and further at the airport without the mindless gaze at a paper picture and endless key pushing by a hapless officially seemingly nailed to a chair. Bags can be chipped and scanned to match owners for both security and speed of loading, a service thankfully currently provided by VeChain Thor.

Face recognition is beginning to use, but inconsistently, and retinal scans and fingerprinting offering maximum security in this age of heightened terrorist activity, are rare to non-existent. Decentralized digital identities remain the realm of fantasy movies such as Mission Impossible but in the real world, the traveler must make do with sagging outmoded systems… and oh yes, those sheep pens.

 

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AVINOC Announces Blockchain Development to Evolve the Global Aviation Business

Despite the advancements in aviation technology, the mechanisms underpinning Business Aviation (BizAv) hasn’t changed much since the 60s. Due to the constant moving parts that make up the BizAv sector, digitization and automation of operations have been excruciatingly slow. Flight coordination, customer and supply management are often executed across a myriad of incompatible systems with little or no way of harmonizing their operations, resulting in high costs for travelers and a large overhead of up to 35% for companies.

The current system in use by the industry, the Global Distribution System (GDS), allows airlines to offer air travel to passengers through travel agencies. This has not only resulted in monopolization of the market by a handful of players but also obfuscation and opacity of relationship with customers. Blockchain startup, AVINOC, has set out to resolve these problems and transform the industry.

Aviation Disruption

AVINOC is the groundbreaking developer of an innovative solution leveraging the disruptive potentials of the blockchain to connect airlines, air control, passengers, and travel agencies on a frictionless and decentralized exchange of values. Challenging the existing centralized system, AVINOC beings cutting-edge solutions to re-strengthen the airline market from the inside, enabling market players and stakeholders to directly communicate with each other and exchange values without the needless intermediaries clogging up the system

Developed in 2008 as an ERP cloud platform, AVINOC has been at the forefront of business process optimization for the BizAv market. The blockchain provides the company with a unique platform for travelers, airlines, and service agencies to directly engage each other on a decentralized and permissionless social network platform. From accounting to acquisitions, ticketing, and booking, AVINOC will; enable the the BizAv ecosystem to harness the power of homogenous, automated solution to reduce the cost for airlines, operators, and travelers.

The AVINOC Token

Powering every exchange and transaction on AVINOC is its enterprising utility token, AVINOC tokens. These ERC20 compatible tokens will be made globally available through a Token Generation Event and subsequent listing on exchanges for the settlement of services on the network including tickets, fuel, airport fees, air traffic control, maintenance, handling, and many more. AVINOC tokens are also required for writing data to the blockchain, ensuring the integrity of all recorded data. Vendors will also be able to integrate these tokens into their products and services for seamless and instantaneous transactions.

Ahead of its Token Generation Event, AVINOC has minted 1 billion tokens, 40% of which will be offered to the public at USD $0.05 per token.

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Image Courtesy: AVINOC

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