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This event highlighted AVINOC’s potential to innovate within the aviation sector by leveraging blockchain for operational efficiency. Following this, in 2019, AVINOC further demonstrated its capabilities at the Smart Dubai Blockchain Challenge, showcasing its vision on a global stage and emphasizing the role of blockchain in enhancing the interconnected customer journey in aviation. AVINOC, standing for Aviation Network Operation Chain, has marked its presence in the aviation and blockchain industry through a series of significant events and milestones that underscore its commitment to revolutionizing aviation processes and structures. Since its inception, AVINOC has aimed to streamline the daily business of the aviation industry, making it smooth and efficient through the use of blockchain technology.
More recently, AVINOC has continued to expand its footprint with the participation in the Safir Global Summit and the announcement of a new project, SUPERSONIC. These developments indicate positive market projections for AVINOC’s future and its continued influence on the aviation industry. The platform’s commitment to security extends to its staking mechanisms on decentralized applications (DApps), where it prioritizes secure and reliable staking options. This focus on security is integral to maintaining user trust and satisfaction, particularly in the context of the aviation and travel industry, where reliability and safety are paramount. Examples of other successful projects include accelerated airline reservations via blockchain, airline tickets and jet fuel payment in cryptocurrency, entire charter management handling via blockchain and many more. AVINOC took place in the Safir Global Summit and its CEO Gernot Winter introduced to the exclusive SAFIR community the current status of its tokenization projects, along with the announcements for the coming year and presented AVINOC’s vision for 2023.
The future of aviation is digital
With this project, AVINOC attracts investors to finance and realize further innovative aviation projects, advancing towards its main goal – sustainable, positive change of the entire aviation industry through technological innovations. AVINOC’s vision for a new era in the aviation industry is supported by its innovative use of Knowledge Graphs for Predictive Aviation & Travel, aiming to make the interconnected customer journey a reality. Through these key events and milestones, AVINOC has demonstrated its dedication to revolutionizing the aviation industry by providing a consistent, integrated, and permissionless functional base data layer in the form of blockchain technology. AVINOC’s use of blockchain technology not only ensures transparency and security in transactions but also enables the tokenization of aviation services, allowing for a more flexible and seamless exchange of services within the industry. The platform’s design incorporates Knowledge Graphs for Predictive Aviation & Travel, aiming to enhance decision-making processes and operational efficiency through data analysis and predictive modeling.
- Furthermore, AVINOC employs Knowledge Graphs for Predictive Aviation & Travel, enhancing the platform’s ability to forecast and adapt to the dynamic needs of the aviation industry.
- AVINOC produces its own wallet software that is available for download on its website, which allows you to store AVINOC on your computer.
- Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed.
- Dubai sought innovative startups with original and feasible use cases that could contribute to Dubai’s goal of becoming the first blockchain-powered city by 2020.
For the first time AVINOC exhibited at the MEBAA Show 2022 together with one of its running tokenization projects, revolutionary VOO Marketplace. The companies were showcasing the latest features — VOOmiles, VOOwallet and VOOpay and took part at the essencial BizAvTalks. In July 2018, AVINOC launched an Initial Coin Offering (ICO) and airdrop, marking a significant step in its journey by securing funding and increasing its visibility within the cryptocurrency and blockchain communities.
VOO launch
AVINOC is the kind of company that wants to revolutionize the industry while improving it in a sustainable way.
AVINOC successfully implements individual aviation projects, the first of which is VOO – the world’s first digital B2B marketplace to search, book, pay and manage private jet charter flights. AVINOC, short for Aviation Network Operation Chain, is a blockchain-based platform established in 2018 with the aim of revolutionizing the aviation and travel industry by enhancing connectivity among all its participants. This includes passengers, airlines, business aviation operators, and other suppliers within the ecosystem. The platform serves as a comprehensive, integrated, and permissionless base data layer, leveraging blockchain technology to facilitate efficient management of aviation-related processes.
Participants in the ecosystem can stake their tokens as a way to contribute to the network’s security and operations, while potentially earning rewards for their participation. This feature not only incentivizes engagement within the AVINOC ecosystem but also provides a mechanism for users to benefit financially from the platform’s growth and success. In addition to blockchain’s natural security advantages, AVINOC adopts several other measures to fortify its platform against potential threats. Encryption plays a crucial role in safeguarding sensitive information, ensuring that data in transit and at rest remains secure from unauthorized access.
It is estimated nomics avinoc that up to $24 trillion in financial assets will be stored on the blockchain by 2027, equivalent to 10% of the projected global GDP. In March 2020, all the ideas and visions from the 2018 white paper were analyzed and reviewed again. The first lines of VOO code were written – the starting signal for a revolution in business aviation.
Most Visited Cryptocurrencies
This project underscored AVINOC’s commitment to achieving optimal utilization and significantly reducing costs in the aviation industry. AVINOC’s first vision was to disrupt the entire aviation industry and implement blockchain for the first time. AVINOC realizes its vision through blockchain technology and through tokenization using company’s own ERC-20 token – the AVINOC Token.
Key data points
This also adds to the company’s value that brought the stock to the market, which is why people from all over the world are interested in AVINOC and its token as a compelling investment. Aviation is one of the fastest growing industries in the world, and it continues to expand. AVINOC addresses aviation as the industry of the future and uses blockchain technology, which offers a broad activity space with yet countless untapped opportunities for aviation, to target the challenges of the entire industry. Company applies modern digital technologies as opportunities to make interconnected customer journey a reality. AVINOC is a think tank with the mission to positively change the entire aviation industry by introducing new technologies and crypto payment methods — in addition, to operate and manage according to ESG guidelines. June 2022 marked the launch of AVINOC’s first project, VOO, a testament to the company’s ongoing efforts to bring revolutionary changes to aviation processes and structures.
