Blockchain - for the safe flights
Blockchain is going to solve flight safety issue - and here is how.
Aviation has a huge impact on our lives. There are over 100 000 flights daily, serving over 2 million people. Airline industry accounts for 63 million jobs. Aviation’s global economic impact lays around $2.7 trillion. Nevertheless, even with the constant advancement of aircraft security and widely-accepted standards of pilot training, there are lots of issues which aren’t addressed properly. Flight log validation is one of them.
As every complex industry aviation uses many huge and versatile, usually isolated and sometimes outdated data systems. Discrepancies in data can cause manifold problems affecting not only revenues and operational integrity, but - what is much more important - human lives. The key problem is pilots and flight instructors may fake flight log records to claim experience the pilot does not actually have. Apart from human factor accidents are widely caused by incomplete data: whether it came about by data intrusion or just by lack of proper background on aircraft parts, maintenance logs and so on. All of these issues can be solved by blockchain technology creating immutable records for pilot flight logs and maintenance databases.
New startup Aeron focused on aviation safety was founded by group of aviation enthusiasts thinking that blockchain technology could be an effective and perfect way to handle a range of significant problems in aviation. Aeron is aimed to enhance safety of general and commercial aviation - building a global decentralized aviation record system called Aeron Register. Based on blockchain technology, this comprehensive online system includes a global aviation database accessible by online portal or mobile applications.
Aeron Register system can track pilot and aircraft log records which are stored in blockchain, available for public audit and can’t be forged. It could facilitate data exchange on every step of communication between clients, airports, aircraft maintenance and service companies. Thus, all people, involved in operating and flying an aircraft use customized apps – pilots for personal flight logging, aviation companies to collect and verify log data from flight schools, aircraft operators, fixed base operators and others. The Aeron Register system can be also applied to aircraft maintenance records and tracking of spare parts, to confirm that spare parts are authentic and maintenance has been performed according to standards.
In September, Aeron successfully launched a presale of ARN tokens which raised over $1 million USD, demonstrating high interest among cryptocommunity, investors and aviation industry. Now Aeron team is managing the full sale of their token.
Additional token sale details:
Tokens available for sale: 60 million ARN
Tokens price: 1 ARN = $0.5 USD
Bonus tokens are offered to the early buyers
Timeline: September 19 - October 23
Konstantin Gertman, Chief development officer of Aeron comments:
“We saw big opportunity for blockchain to revolutionise an outdated system. The advantages of the blockchain is that information is safely stored, can not be falsified and is completely transparent to all the users. It is secured by a multi-sig authentication system, preventing any data alteration. Our long-term aim is to create “airline in a pocket” with a convenient user interface for engagement with the blockchain.”
DISCLAIMER: This is a guest post by Aeron team. The information provided in this post is a responsibility of the writer.