What is AVINOC

AVINOC: Revolutionizing the Aviation Industry Through Blockchain Technology

Introduction

The aviation industry is undergoing a paradigm shift, with innovations sprouting from the realm of technology. One project that stands out significantly in this evolution is AVINOC. Focused on bringing the benefits of blockchain technology to the general aviation sector, AVINOC aims to transcend traditional barriers and enhance the coordination of business flight operations. With a commitment to decentralization and transparency, AVINOC is poised to reshape how aviation services are managed, delivering efficiencies and cost savings like never before.

What is AVINOC?

AVINOC, short for Aviation Network Operation Chain, is a cryptocurrency project that operates on the Ethereum blockchain. Designed specifically for the general aviation industry, it aims to establish a comprehensive ecosystem for business flight coordination. The foundational goal of AVINOC is to provide a seamless, integrated, and permissionless infrastructure for managing charter flights globally. This platform promises to enhance operational efficiency by enabling quicker, cheaper, and more reliable services while simultaneously optimizing resource utilization in the aviation sector.

At the core of AVINOC lies a digital marketplace known as VOO (Virtual Online Operations), where users can search for, book, manage, and pay for private jet charter flights. The system employs advanced technologies to ensure transparency and security in every transaction, making it an attractive option for various stakeholders within the aviation ecosystem.

Who is the Creator of AVINOC?

AVINOC is the brainchild of a dedicated team of aviation and technology professionals, each with distinct expertise contributing to the project's development. The key members include:

• Robert Galovic - Partner, CEO, and CBDO, who oversees the project's vision and growth strategy.
• Gernot Winter - Partner and CFO, responsible for financial management and sustainability.
• Karl-Heinz Mali - Partner focusing on aviation operations in the Middle East and India.
• Rene Inkret - Partner specializing in aviation logistics and planning.
• Shayda Osman - Partner, managing marketing, sales, and communication strategies.
• Peter Skerl - Partner and CTO, driving technological advancements and platform integrity.

This diverse leadership team ensures that AVINOC is well-equipped to navigate the intricate landscape of the aviation sector while integrating cutting-edge technology.

Who are the Investors of AVINOC?

While specific details regarding AVINOC's financiers are not publicly disclosed, the project's whitepaper indicates that it has garnered considerable interest from private investors through its token sale phases. The fundraising mechanism includes a private pre-sale and a public token sale, setting a soft cap of $8 million and a hard cap of $15 million. The successful completion of these fundraising rounds demonstrates a solid commitment from investors who believe in the potential of AVINOC to transform the aviation industry.

How AVINOC Works

AVINOC differentiates itself through a combination of innovative features that enhance its value proposition:

• Digital Marketplace (VOO): AVINOC's marketplace simplifies the charter flight process, allowing users to quickly find and book flights while managing their requirements efficiently.
• VOOmiles: This loyalty program incentivizes users by awarding them miles and tokens for completed transactions, fostering customer retention and engagement.
• VOOpay: AVINOC incorporates a secure cryptocurrency payment system that ensures secure, traceable, and transparent financial transactions, making it easier for users to conduct business without the traditional frustrations associated with payment methods.

By addressing the inefficiencies inherent in traditional flight coordination, AVINOC presents a modern and user-focused solution aimed at reshaping business travel experiences.

Timeline of AVINOC

Understanding the trajectory of AVINOC helps contextualize its growth and significance in the aviation sector. Here’s a timeline highlighting key milestones:

• 2006: The inception of AVINOC's ERP development, laying the groundwork for future advancements in aviation operations.
• 2008: The launch of AVINOC ERP 2.0, enhancing functionalities and user experience.
• 2017: The formation of the AVINOC team, gathering diverse expertise to drive the project forward.
• 2018:
• January: Initial preparations for publications and dissemination of the project’s vision.
• April: Launch of the private token pre-sale, attracting early investment and interest.
• July: Public initial coin offering (ICO), enabling broader participation in the project's growth.
• October: Successful listing on public cryptocurrency exchanges, marking a significant step in increasing market presence.
• 2019: Development of SDKs and establishment of strategic partnerships that augment platform functionalities and market accessibility.

This timeline reflects AVINOC's methodical approach to building a robust operational foundation and expanding its reach within the aviation industry.

Key Features

The brilliance of AVINOC lies in its unique features that amalgamate blockchain technology with aviation services:

1. Blockchain Technology: By leveraging blockchain, AVINOC offers a decentralized service that elevates transparency and efficiency—a crucial need in airline operations.

2. Innovative Digital Marketplace (VOO): Streamlining the charter flights process, VOO enables businesses to efficiently manage bookings and transactions in a user-friendly environment.

3. Customer Loyalty Program (VOOmiles): This program not only promotes user engagement but also ensures that users benefit directly from their interaction with the platform.

4. Secure Payment System (VOOpay): AVINOC provides users with a trustworthy means to conduct transactions, thus instilling confidence in its services.

Conclusion

AVINOC stands at the forefront of innovation within the aviation industry, harnessing the power of blockchain technology to revamp the way business flights are coordinated. With its strategic blend of enhanced efficiency, transparency, and user-centric solutions like VOO, VOOmiles, and VOOpay, AVINOC promises to revolutionize the sector significantly. As the project continues to develop, it aims to establish itself as a leading force in transforming the general aviation landscape for the better, making air travel more accessible and efficient for all stakeholders involved.

In a world increasingly reliant on technology, AVINOC embodies the progressive spirit that can lead the aviation industry into a new era, paving the way for transformative changes that prioritise the user experience while ensuring security and cost-effectiveness.