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Its mission to integrate new technologies and create positive changes is evident in its multifunctional platform that promises a new era of efficiency and connectivity for all industry participants. Furthermore, AVINOC’s dedication to revolutionizing the aviation industry through blockchain technology emphasizes the importance of secure, efficient, and cost-effective operations. AVINOC – the Aviation Network Operation Chain – or AVINOChain – is a platform for connecting all participants in the aviation and travel industry. It is a consistent, integrated and permissionless functional base data layer in the form of a Blockchain for the aviation industry. It can be used by all participants, like passengers, airlines, business aviation (BizAv) operators and all further edged suppliers to e.g. book flights and manage all processes within or between their organizations in an efficient way.

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AVINOC realizes its vision through blockchain technology and through tokenization using company’s own ERC-20 token – the AVINOC Token. 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.

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AVINOC utilizes blockchain technology as its core foundation for security, leveraging the inherent benefits of decentralization and immutability to protect data and transactions within its ecosystem. By employing an ERC-20 token, the AVINOC Token, the platform ensures a secure and standardized method for transactions, staking, and tokenization processes. This approach not only enhances the security of digital assets but also facilitates seamless integration with the broader Ethereum ecosystem, benefiting from its robust security features and widespread adoption. As a pioneer in integrating blockchain technology into the aviation industry, AVINOC has participated in various challenges and has been recognized by being listed on multiple exchanges. The platform continues to evolve, with ongoing developments aimed at further improving the interconnected customer journey and optimizing utilization across the aviation and travel sectors.

© 2024 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed. nomics avinoc Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase. Once you have purchased Bitcoin using Coinbase, you can then transfer your Bitcoin to an exchange such as Binance to purchase other cryptocurrencies, including AVINOC.

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  1. This capability is crucial for the development and implementation of new technologies or services within the sector.
  2. At its core, AVINOC aims to integrate all stakeholders in the aviation industry, including passengers, airlines, and business aviation operators, into a single, cohesive network.
  3. 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.
  4. It is a consistent, integrated and permissionless functional base data layer in the form of a Blockchain for the aviation industry.
  5. 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.

Avinoc participated in Lufthansa’s “Changemaker Challenge” – first global competition for sustainable ideas in the aviation context in 2019. No part of the content we provide constitutes financial advice on coin prices, legal advice, or any other form of advice meant for you to rely on for any purpose. Among all the assets available on CoinStats, these have the most similar market capitalization to AVINOC. AVINOC is the kind of company that wants to revolutionize the industry while improving it in a sustainable way. 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. The 20 short-listed startups arrived in Dubai and participated in a pitching competition at the world’s largest blockchain event.

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. At its core, AVINOC aims to integrate all stakeholders in the aviation industry, including passengers, airlines, and business aviation operators, into a single, cohesive network. By leveraging blockchain technology, AVINOC ensures a permissionless, integrated, and consistent data layer that facilitates efficient management of processes and transactions within the industry. In summary, AVINOC is utilized not only as a digital marketplace for private jet charters but also as a comprehensive tool for project management, staking, and predictive analytics within the aviation and travel industries.

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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.

Smart Dubai Blockchain Challenge 2019

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. The platform was developed by a team of experienced professionals from the aviation industry who understand the challenges faced by operators and passengers alike. By utilizing blockchain technology, AVINOC ensures that all transactions are secure and transparent, allowing users to trust the data they receive from the platform. Additionally, it eliminates unnecessary intermediaries such as brokers or agents who often add extra costs to flight bookings.

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