Recents in Beach

Blockchain Firm Upgrades App in Quest to Reduce Fatal Air Accidents

A fledgling blockchain-based company which aims to improve flight
safety is gearing up to launch an upgraded version of its app for
pilots – software that has been designed to replace the old-fashioned
paper logbooks currently used by aviation enthusiasts and professionals.
Aeron estimates that 57 percent of aviation accidents can be
attributed to human factors – and poor record keeping is often to
blame. The company says it is possible for pilots to manipulate records
and exaggerate their experience, while airlines may underreport flight
hours to save on maintenance costs.
Aeron has been working to implement blockchain into existing aviation
safety protocols to stop vital data from being lost, distorted or
forged. Over time, it is hoped that this will help to reduce the number
of fatal accidents in the world’s skies substantially.
In March, Aeron launched the first iteration of its mobile app for
pilots on Apple’s App Store and Google Play – enabling them to
record their flight hours on blockchain instead of paper and earn the
full confidence of prospective employers and aviation authorities. This
month, new features are being added so the pilots can create and
submit flight plans – detailing the intended route and other flight
details, bringing convenience to the pilots of small aircraft and flight
school students. In a blog post , Aeron said that this upgrade was in
response to suggestions from the community, adding: “Furthermore,
statistical summaries will be introduced, offering more insights into
the pilot’s experience.”
The company has also revealed that it has had “intensive interaction
with aviation authorities in various jurisdictions, primarily in the
European Union.” It is hoped that a specialist portal where a pilot
can submit logs online, with authorized officers viewing and
processing records, will be launched in the spring of 2019.
Negotiations and deals with authorities are expected to be forged in
2019 as Aeron pursues business development in Europe, the Middle
East, and Africa.
Marking a milestone
Aeron’s token, ARN, took off on Nov. 1, 2017 – and since then, the
company says its currency has been flying high. On the anniversary of
its launch, the company revealed that ARN had achieved a global monthly
volume ranking of 39, based on CoinMarketCap stats.
This, in part, is because of its utility as a payment method in the
Pilot Shop powered by Aeron, where customers can buy branded
accessories and aviation supplies. It is expected that fresh merchandise
is going to be added to the platform later this year – and other
payment methods in the online shop include Bitcoin , Binance Coin,
Ethereum, Litecoin, and Bitcoin Cash.
Aerotrips.com, which is the name of its subsidiary website, is also a
marketplace for reserving private flight experiences, with Aeron
describing the platform as “an online portal and aggregator for
aviation that gives special attention to private flights and individual
pilots.”
Broadening horizons
The company is also widening its scope further and aims to offer
benefits “to anyone who flies, including passengers of commercial
airlines.” Aeron introduced a new platform called CryptoBonusMiles
(CBM), which will enable frequent flyers to collect bonus miles in a
single unified wallet and receive crypto rewards whenever they hop on
a plane, in addition to the perks they receive from conventional
loyalty programs offered by major airlines.
Ahead of the release of an alpha version of the CryptoBonusMiles
platform, Aeron has announced an airdrop of CBM for current holders
of Aeron (ARN) tokens.

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