AVINOC is a consistent, integrated and permissionless base data layer for decentralized, transparent and worldwide coordination of business flights within the general aviation, to achieve optimal utilization and reduce costs significantly.
STO/ICO Status
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Basics
| Platform | Ethereum |
|---|---|
| Type | ERC20 |
| Accepting | ETH, BTC, LTC, BCH, XMR, Fiat |
| Circulating Supply | 40% |
| KYC | N/A |
| Restricted Areas | N/A |
| Homepage | Website URL |
| White Paper | View/Download |
About
In Business Aviation (BizAv), a part of general aviation (GA), digitization and automation are slow due to a large number of different solutions and complex structures. Often, the coordination of flights, orders, and customer/supplier management are effected manually or using a multitude of incompatible systems containing non-integrated structures. To close the resulting gaps, intermediaries are employed.
The Aviation Network Operation Centers (AVINOC) was created to resolve these inefficiencies and make BizAv fit for the future. It is an enterprise resource planning (ERP) software and business cloud application for BizAv dating back to 2008. Inspired by the possibilities offered by blockchain technology, the development team decided in 2017 to transform existing knowledge from the ERP solution into the Aviation Network Operation Chain.
AVINOC as a blockchain solution provides a transparent, integrated, permissionless and decentralized base data layer for the exchange of relevant information for the GA. The aim is flight coordination, order management and infrastructural issues of the GA worldwide and, with the help of the integrated transaction and payment system, achievement of optimal use of resources and a high level of cost reduction on the market.
The primary goal is to strengthen the BizAv market with a focus on reducing the time span of the information and payment flow to zero, thus creating an optimal supply chain. This will allow the entire global market to be strengthened and made sustainable for the future. It will furthermore result in positive effects on all other economic sectors of a country with well-defined BizAv. It will also enable future technologies, such as autonomous or semi-autonomous flying, to be effectively and efficiently deployed in organizations.
