Total Votes: 1
Release Date:2018-01-15
Initial Price:$ 0
Total Supply:1,000,000,000
AVINOC is a consistent, integrated and permissionless base data layer for decentralized, transparent and worldwide coordination of business flights within the general aviation, to achieve optimal utilization and reduce costs significantly.
General Aviation (GA) covers the worldwide civil transportation of persons and cargo with airplanes or helicopters outside of the scope of regular charter and airline business. It can further be divided into the Business Aviation branch (BA, corporate and executive aviation business) as well as the Private Aviation branch (private flying and clubs).
Aviation Management, Managing all the traffic in GA requires intermediaries (like brokers or platforms) functioning as a kind of communication interface between customers and operators. Such systems tend to be highly complex, laborious, time consuming, and finally expensive. Direct bookings and communication between customers and operators are basically impossible.
Blockchain, Every user involved in AVINOC possesses a local copy of all relevant data. This creates new opportunities for global, direct, permissionless, and fast communication between participants involved in the complex aviation business. AVINOC makes all necessary information of availability of staff and equipment visible in a decentralized manner. Efforts for communication and coordination can be reduced to a minimum or, in most cases, they can be totally eliminated.
Management in general aviation (GA) requires sustainable and completely new concepts. AVINOC creates these:
Manual order processing and information retrieval via e-mail, telephone or fax must be a thing of the past. Direct bookings and empowerment of the customer through the availability of all data is our goal.
02.Empty flights
Aircraft operators struggle with low utilization and high costs due to lack of available data. Optimum utilization, low costs, and satisfied customers can only be achieved with a consistent, freely available, and integrated database.
03.Unused capacities
Often only one seat is occupied, but the customer has to pay for the entire flight - i.e. all seats. Jet Sharing can find in any situation, very easy, and fast worldwide sympathetic fellow travellers. This will split the cost of the flight among all passengers and reduce costs for each significantly.

Airline ticket management urgently needs technical innovation. AVINOC creates these.
Since the 1960s, the organization of air travel with airlines has been steered by the same technology, even to this day. This system is generally known as the Global Distribution System (GDS). In this system transactions are made between the airlines and travel agencies that offer passengers air travel. This market is dominated by three players worldwide. Other than the GDS, a huge amount of price comparison and booking portals have sprung to existence, which separates airlines from customers and therefore, creating non-transparency. Technical innovation is urgently needed to break this artificial overpriced system and to strengthen the airline market from the inside again.
01.Booking Portals
Booking portals are intermediaries between travelers and airlines. They raise, unbeknownst to us, the complexity, non-transparency, and prices of flight tickets for customers. Fees for paying with a credit card, unwanted additional insurances, high cancellation prices, high fees for any changes, extra fees for seat reservation or luggage, non-transparent booking classes, missing booking confirmations, and complicated search masks are the largest cause for customer dissatisfaction. Additionally, programs (bots) manipulate the prices and book automatically, to change the workload for the benefit of these portals.
02.GDS & Travel Agencies
Between airlines and their customers is on one hand the GDS and on the other hand the travel agencies. The airlines pay booking fees to the GDS and commissions to the travel agencies. Travel agencies are then compelled by the GDS, to also use the system. The traveler, in the end, has also paid a service fee to these agencies. Airlines cannot opt out of the GDS, because there are no practical economical alternatives. In the end, airlines have had a decrease in margins, although there is an increase in travelers and for travelers there is still an increase in ticket prices
03.AVINOC for Airlines
AVINOC can solve this problem and its complexity through its permissionless base data layer. AVINOC enables airlines to take back the direct contact to the customer starting from the marketing, as well as the direct price comparison and lastly direct bookings. At the same time, a high transparency for offers and prices, in line with the market-conform, is made for all market participants. Intermediaries, in the form of booking and price comparison platforms, will not be needed anymore.