Decentralization and Security
Aerobloc leverages blockchain technology to eliminate single points of failure, enhancing security and reliability across the aviation industry.
Efficiency and Cost Reduction
Aerobloc’s smart contract models automate complex processes, reducing operational costs and minimizing human error. This efficiency translates into faster, more accurate transactions and data exchanges.
Real-Time Value Transfer with $AERRO
The $Aerro token enables real-time value transfer within the aviation industry, facilitating seamless B2B settlements, passenger loyalty rewards, and airline ticket purchases.
Customer-Centric Innovation
Aerobloc places the customer at the center of its strategies, focusing on enhancing the travel experience through innovative applications and services.
Pioneered by Decentralised Real-World Solutions
Brendan McKittrick
Our mission at Aerobloc is clear: to leverage web3 technology to streamline data sharing, enhance peer-to-peer communication, and foster seamless collaboration across the aviation sector.
Aviation Settlement Challenges
Multiple sources of "Truth"
Inconsistent and fragmented data across various systems, leading to inefficiencies and miscommunications.
Excessive checking
Labor-intensive verification processes that are time-consuming and prone to human error.
Slow Payments
Delays in financial transactions that disrupt cash flow and hinder operational efficiency.
Undigitzed Systems
An outdated and undigitized technology infrastructure that struggles to meet modern demands, stifling innovation and limiting the ability to compete in a rapidly evolving market.
Capital tied in Forex
The considerable capital locked in foreign exchange processes reduces liquidity and limits financial flexibility, making it harder for companies to adapt to changes.
Dispute Prone
The observed high likelihood of disagreements and conflicts over transactions, leading to frustrating long delays and increased challenging administrative costs.
Solving Aviation’s Major Challenges with Aerobloc
Aerobloc unifies fragmented data, automates verification processes, accelerates payments, modernizes IT systems, frees up capital tied in forex, and reduces disputes through a transparent and immutable ledger.
Understanding the Impact of Economic Cycles on Airline Profitability
Airlines' share of loss: 72%
Airlines' share of profit: 3%
Airlines take a significant hit during market downturns but gain very little during periods of economic upturn.
