Aventus Supply Chain Solution demonstrates the influence of Polkadot on the aviation industry

Von Sophie Müller

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London, United Kingdom, August 7, 2024, Chainwire

Blockchain-based solution leads to significant improvements in data transparency, accuracy and operational efficiency in the freight handling sector, according to

Airlines can benefit from the use of web3-based solutions from general cost savings in freight you to save freight you, such as a study by Aventus & Airport perishables handling (aph) at the airport) Heathrow.

The existing tool for global ULD management has remained unchanged since the 1990s and is highly based on manual data inputs, which leads to critical challenges with regard to data transparency and accuracy, the safe exchange of information and costly uldic losses, damage and damage -which leads to the airlines over 1.6 billion annually US dollar costs.

Web3 offers a robust solution for the challenges of conventional ULD management through the blockchain technology:

  • enable unchangeable, manipulation -proof records that offer a single source of truth, avoid disputes and improve compliance with legal regulations.
  • Reduction of the administrative expenses and minimizing errors through the automation of manual processes via self -management smart contracts;
  • enables real-time insights into the location, the custody and the condition of UDS and simplifies data exchange so that airlines can optimize their operation.

In a pilot study carried out at the Heathrow Airport, Aventus, an industry-leading provider of end-to-end web3 solutions for companies and parachain on Polkadot, stated that its end-to-end-end-freight severance solution on blockchain basis leads to improvements in data transparency, accuracy and operating efficiency in the freightful.

  • 90 % fewer communication and error incidents as the result of digitized data acquisition;
  • 83 % Reduction of the time required for manual documentation;
  • 81 % shortening of the time between the elic portfolio update from 3-4 hours to just 30 minutes, which enables decisions in real time; and
  • 28 % Reduction of loading times as the result of optimized ULD loading loads.

Alan Vey, founder of Aventus, comments: "These results are really remarkable and underline the transformative potential of the blockchain not only for the aviation industry, but also for supply chains worldwide. We are proud to improve companies, to improve data accuracy, to reduce operational inefficiencies and to achieve more transparency. Expanding Asia, we expect these results to only improve through network effects. ”

Michelle Roosevelt, director of Aviation Perishables Handling, adds: "Aventus's technology is quick and reactive, which is of crucial importance in our busy airport environment. We have determined enormous increases in productivity. The app is more than one tool - it has the way we manage and pursue our aircraft containers, and the support and the support Expertise of the Aventus team in fulfilling our requirements were excellent. ”

The Aventus aviation solution brings partnerships with large companies to the Polkadot ecosystem, including Aviation Perishables Handling at Heathrow Airport, Vodafones Digital Asset Broker as well as other large airlines in Asia and the Middle East.

For more information about the study, users can download the full report here .

about Aventus

Aventus changes the way in which customers create trust and release growth by developing groundbreaking web3 solutions for brands, from creating more networked, integrated experiences to improving traceability, transparency and product authorization. Aventus was founded in 2020 and is the only trustworthy platform for digital product extensions that offers a safe and reliable web3 environment in which customers can start market leaders and product activities.

Thanks to its extensive industry expertise and its pronounced understanding for the needs of companies, Aventus offers the best functions of Web3 with the familiarity of Web2 and thus ensures a significant increase in brand reputation, trust and corporate growth in its customers. The production maturity, continuous blockchain-as-a-service software is modular, scalable and interoperable and offers customers the flexibility they need to react to quickly developing market opportunities.

Contact

Marketing manager
ellie Hyman
Aventus [EMAIL Protected]

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