Reimagining the Aviation Industry
At Internet of Aviation (IOA), we are transforming the aviation industry by leveraging cutting-edge AI and decentralized blockchain solutions to create a seamless and connected digital ecosystem. Our mission is to disrupt traditional aviation technology and redefine customer experiences with enhanced efficiency, transparency, and security.
Internet of Aviation
Pioneered by Decentralised Real-World Solutions
- Decentralisation and Security
- Efficiency and Cost Reduction
- Real-Time Value Transfer with $AERRO
- Customer-Centric Innovation
Aerobloc leverages blockchain technology to eliminate single points of failure, enhancing security and reliability across the aviation industry.
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.
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The problems in the industry
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An outdated and undigitized technology infrastructure that struggles to meet modern demands, stifling innovation and limiting the ability to compete in a rapidly evolving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.
The Solution
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.
Airline Industry Insights
Understanding the Impact of Economic Cycles on Airline Profitability
Market Downturn (2020, COVID-19)
Airlines’ share of loss: 72%*
Profitable Times (2024)
Airlines’ share of profit: 3%*
Airlines take a significant hit during market downturns but gain very little during periods of economic upturn.
