With its innovative technology, it seeks to reduce costs for both operators and passengers while ensuring that everyone involved has access to reliable data about available flights. AVINOC is a THINK THANK and a tokenization company dedicated to integrating new technologies in aviation. In summary, AVINOC stands as a transformative force within the aviation industry, offering a blockchain-powered solution to connect all industry participants, streamline processes, reduce costs, and improve overall 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. 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. This predictive capability ensures that AVINOC remains at the forefront of technological advancements, driving revolutionary changes in how aviation and travel services are delivered and experienced. Beyond serving as a marketplace, AVINOC’s utility extends to various other aspects of aviation and travel.
It’s important for users and stakeholders to conduct their own research and understand the security features and measures implemented by AVINOC. This due diligence is crucial in making informed decisions about engaging with the platform and its offerings in the dynamic and evolving landscape of cryptocurrencies and blockchain technology. 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.
VOO launch
Its primary application is within a digital B2B marketplace specifically designed for the chartering of private jets. This marketplace, known as VOO, marks a significant step forward in making the process of booking private jet flights more accessible and efficient for businesses. 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’s mission is to revolutionize the way people travel by providing a secure and efficient marketplace for booking flights.
- This due diligence is crucial in making informed decisions about engaging with the platform and its offerings in the dynamic and evolving landscape of cryptocurrencies and blockchain technology.
- This marketplace facilitates direct interactions between business aviation providers and their clients, bypassing traditional intermediaries and thereby reducing costs and increasing operational efficiency.
- In the fourth quarter of 2021, AVINOC was added to Uniswap’s liquidity pool where it can be swapped and traded.
- Bitcoin, Bitcoin Cash, Ethereum, Litecoin and other popular cryptocurrencies can be purchased with U.S. dollars using Coinbase.
- The initiative behind AVINOC is to streamline the daily operations within the aviation sector, making them more efficient and cost-effective.
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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.
Smart Dubai Blockchain Challenge 2019
Its innovative approach to leveraging technology for the benefit of the entire aviation ecosystem marks a significant step forward in the evolution of the industry. Followed by updates on current developments of the VOO platform and further future visions for AVINOC, the presentation drew a lot of attention. AVINOC is a tokenization company dedicated to integrating new technologies in aviation. One of the earliest key events for AVINOC was its participation in the Lufthansa SAP Challenge in 2018. This event highlighted AVINOC’s potential to innovate within the aviation sector by leveraging blockchain for operational efficiency.
The future of aviation is digital
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 nomics avinoc 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.
By leveraging blockchain technology, AVINOC creates an efficient marketplace where operators can easily list their services and passengers can quickly find suitable flights without having to rely on third-party brokers or agents. This helps ensure that everyone involved in the process gets fair prices for their services while eliminating unnecessary middlemen. AVINOC, standing for Aviation Network Operation Chain, serves as a multifaceted platform aimed at revolutionizing the aviation and travel industries.
Regular updates and maintenance are conducted to address vulnerabilities, patch security flaws, and improve overall system resilience against evolving cyber threats. AVINOC has been designed to achieve optimal utilization and reduce costs significantly. In the fourth quarter of 2021, AVINOC was added to Uniswap’s liquidity pool where it can be swapped and traded. In early 2022, Avinoc was relisted on Latoken and listed on other exchanges such as P2PB2B, Bkex and Cointiger. 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.
It facilitates project management within the industry, allowing for better coordination and execution of aviation-related projects. This capability is crucial for the development and implementation of new technologies or services within the sector. The world’s first digital marketplace to search, book, pay and manage your private jet. 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. 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. This project underscored AVINOC’s commitment to achieving optimal utilization and significantly reducing costs in the aviation industry.
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. AVINOC’s first vision was to disrupt the entire aviation industry and implement blockchain for the first time. 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. 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.