Place/Date: London - June 19th, 2018 at 9:49 pm UTC · 4 min read
Contact: Aeron Labs, Source: Aeron
Aviation is one of the most popular modes of transport, whether it be passenger or freight. In 2017 the aviation industry boasted a total market capitalization of USD 250 trillion dollars. Almost 4 billion passengers and 104,000 flights annually.
A study held by Boeing, in their 2017 Boeing aviation market outlook, shows that the number of both passenger, and freighter fleet is set to double by the year 2037.
Taking these statistics into account, despite the aviation industry being considered as one of the safest types of transportation, the number of accidents related to air transport each year (including both commercial and general/private aviation) is over 3000, some being fatal.
Aeron is an innovative blockchain-based platform that is set to improve aviation safety. Utilizing blockchain technology, Aeron tackles some of the most common industry problems in pilot training and flight school management, such as, flight log forgery, aircraft flight hours underreporting, stopping any sort of modification or distortion of logged data and replacing an outdated system with new technologies and sophisticated tools.
This innovative system will significantly reduce the risk of fatal accidents, while leaving all data transparent and easily traceable.
Aeron has had a successful journey so far, hitting milestone after milestone. The team recently announced successful completion of the Pilot mobile application launch to Google Play and Apple App Store, along with Aerotrips.com aviation marketplace backend been integrated onto the blockchain.
The Aeron team is on track for their next significant milestone due at the end of June 2018: token payments on Aerotrips.com, using the Aeron native token (ARN) to facilitate transactions for these aviation services. Services featured at the web portal range from chartered flights to air safaris to flight training.
The Aeron application, once fully deployed, will flag any discrepancies between the Aeron data sources: a pilot, an aircraft operator, and Air Traffic Control (ATC) data where available; the app will further enable aviation authorities to detect any issues that may have risen.
The application will also keep an up-to-date record for pilots licenses, flagging expired licenses or pending renewals.
The application will be a part of the entire ecosystem for general aviation and flight schools; pilots are able to log flight hours and submit their records. Common users can gain access to the curated database of aviation services through Aerotrips.com.
Flight schools and training institutions will have the significant improvement in process automation.
Aeron CEO, Artem Orange said:
“We are proud to announce that we will integrate the ARN token to be the payment method of choice for Aerotrips.com. We are all excited for the future of Aeron, we believe putting the passengers safety first, a vital part of our company beliefs. The development team are hard at work finishing off the decentralized storage portal next. We are on track at what looks to be a very successful year, and I would like to say thank you to everyone that has and continues to support Aeron.”
Aerotrips is an all-encompassing web portal and marketplace for aviation services, playing host to thousands of flight schools located worldwide. Aerotrips.com features curated offers for Flight Charters, Aircraft Rentals, Flight Courses, Air Taxi and other such services in general/private aviation domain. Aerotrips.com has everything an aviation enthusiast would look for on the web.
The Aeron mission is to make flying safer, using the blockchain technology. The team is comprised of aviation professionals, supported by developers, designers and marketing experts. Blockchain can make a difference to flight training and air travel for everyone, and it is beneficial for every single person to get involved
Disclaimer Aeron is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. Cryptocurrencies and tokens are extremely volatile. There is no guarantee of a stable value, or of any value at all.