Hong Kong Startup AVINOC to Bring Blockchain Innovation to Business Aviation

[Goodcat49]

The Aviation Network Operation Chain (AVINOC) aims to bring together General Aviation (GA) businesses together on one global platform powered by the innovative effectiveness and decentralization of blockchain technology.

Changing The Way The Aviation Industry Works
Just as Facebook changed the way people connected with each other with its earliest use in American universities, AVINOC seeks to become the major network for BizAv by building a solid foundation for addressing inefficiencies in the sector via blockchain.

For over half a century, the same technologies have been behind airline air travel organization, collectively known as the Global Distribution System (GDS). Airlines and travel companies all around the world use GDS to make transactions, but the market is dominated by only three players.

Although recent years have seen price comparisons and booking portals crop up, this has further separated customers from airlines, making the process less transparent. Over time, this has translated into artificial system of overpricing and a weakened airline market.

Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/hong-kong-startup-avinoc-to-bring-blockchain-innovation-to-business-aviation/