AERON IS THE FUTURE OF AVIATION

in #cryptocurrency7 years ago

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Nadezda Barkanova and Konstantin Gertman are the brain behind Aeron

Konstantin is a certified pilot and passionate aviation enthusiast.
Co-founder of aerotrips.com — aviation portal for pilots and flight schools.

Nadezhda is a pilot and an aircraft operation and air traffic management
engineer with over 11 years of experience.

Aeron is going to BLOOOOOOWWWWWW UP !
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Aviation market
104,171,935 passengers passed through the Hartsfield–Jackson International Airport in 2016
Today more than ever, despite financial uncertainty,
young people are saving up to travel around the world.

With modern technology evolving everyday, we take a lot of things for
granted.
We often forget how convenient travel is today.
Aviation plays
a bigger role in our lives than one might imagine.
Think about this: nearly 63
million jobs are provided by air travel, making aviation a key component in
global business. images (3).jpg
Aside from the economy factor, today more than ever people
are willing to invest their savings into traveling as opposed to spend money
shopping or going out locally.
Young people in their 20”s and 30”s see travel
as the best investment of their money, in exchange for cultural experiences.
According to the United Nations, young people generate $180 billion annually
in tourism revenue. images (2).jpg
What’s surprising is that today more than ever people are
willing to travel despite any economic uncertainty. Reason being, tourists
want to see and explore as many different cultures as they can, something
they can’t do from the comfort of their own home.

World fleet to double in size
over the next 20 years !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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3.57 billion passengers
3.57 billion passengers were
carried by airlines in 2017
99.1 million jobs
By 2037, it is expected that
aviation will support 99.1
million jobs worldwide
The average occupancy of an
aircraft is 80% higher than
other modes of transport

The Future of Aviation
Going even further, aviation has developed much further than we ever
thought it could.
Private space travel is already today’s reality. In 2001, Dennis
Tito got to experience travelling to space, and as he would recall ten years
later, it was the happiest day of his life.
With constantly evolving technology
space travel will become more accessible soon enough. Richard Branson
launched Virgin Galactic in 2004.
The company offers suborbital space flights
to tourists, as well as suborbital launches for science missions. Another
breakthrough in space technology was developed by Elon Musk.
SpaceX,
founded in 2002, became the first provider to be able
to launch and recover a spacecraft from orbit. We
can only expect that space tourism will become the
next most wanted attraction in no time.
According
to Wired, Uber's flying cars could arrive in Dubai
and Texas by 2020. More importantly, Uber has
signed deals with five companies that are developing
electric vertical takeoff and landing aircraft:
Pentagon-backed Aurora Flight Sciences, electric
plane maker Pipistrel, Bell Helicopter, Embraer, and
small plane maker Mooney.
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104,000 flights
Every day, 104,000 flights take off and
9.8 million passengers travel
Over 5,500 flights using sustainable
alternative fuel are expected to be made
by the end of 2018
The Middle East is forecasted to be the
fastest growing region for air traffic in the
next 20 years, followed by Africa, Asia-Pacific
and Latin America

Problems & Solutions
Despite the fact that we came so far in exploring space, there are still issues
to be dealt with in air travel. With over 100,000 flights made daily, serving
over 2 million people, safety is still a major concern.
Accidents related to air transport average
to about 3302 yearly, mainly due
to human factor
We looked at several common problems.
The key problems are that pilots may
lack experience they claim, as flight log records can be easily forged. This
problem is worsened by “pay to fly” practices, offered to pilots who would not
have been hired otherwise.
Flight schools may be corrupt to help pilots put
in hours on paper. Aircraft operators also contribute to the problem by often
underreporting the flight hours, saving huge maintenance costs for the
aircraft.
With quickly developing technology, aside from human factors, we
also face database intrusion, resulting in modification or distortion of data.
With so many systems in play—airlines alone house data in many isolated
systems from passenger service to crew management—data exchange is not
always smooth. In the airline industry, not only are operational integrity and
revenue generation at stake when something goes wrong, but even more
importantly, so is safety and security.

Protecting data privacy is a clear issue when it comes to passenger records,
flight manifests and crew information. Not to mention the security
implications that are in play today if this data is not properly protected.
Blockchain technology with a security wrapper creates a very different and
less risky, yet transparent approach to managing and sharing this
information through the use of authorized access requirements

Completely new level of security,
established by blockchain

Blockchain technology can transform pilot and aircraft maintenance logs,
which at best are in cumbersome databases and, at worst, are in paper
binders. The blockchain will ensure that spare parts procured are legitimate
and can offer a “virtual copy” immutable record of the provenance of every
part on the plane, every time it has been handled and by whom, from the
beginning of the aircraft’s existence. This visibility is profound, and can take
the practice of aircraft maintenance, safety and security to new levels.

internationalairportreview.com
10
“Blockchain will revolutionise the aviation and airport
industry.”

“Blockchain technology can create new efficiencies
and services models for airlines.”
“Blockchain technology can improve
the airline industry

Advantages of blockchain
A solid, distributed, inviolable and cryptographically secure database.
The chain of blocks stores the encrypted code of the documents, and once
saved, the data is recorded forever.
The perfect place to store property rights, credentials, identities (of objects
or people), agreements between parties, transmissions and transactions.
No one can falsify, bribe or hack the data inscribed in the blocks
of blockchain. Transaction hisory is transparent to all users.
Blockchain supports Smart Contracts, which is a computer protocol
that facilitates, verifies, enforces agreements and execution of a contract
in an automatic and transparent way.

Check out more about Aeron here : https://aeron.aero/AeronWhitepaper.pdf
Thank me later ;)