AirAsia onboards Crypto Technology!

Apr 23, 2020 12:30 UTC

| Updated:

Apr 23, 2020 at 12:30 UTC

By Rajat Gaur

AirAsia,one of the leading airliners, was planning to develop their existential business models especially in handling cargos and delivery. When it comes to cargos and delivery, a perfect system must be in place to control the cargo operations and that means that all the data that is involved in dealing with cargo needs to be supported by that very same system. Most of the airliners have a system that is based on old technologies to back up their day to day work.

AirAsia’s action plan:

But the problem is most of the systems run out of steam at a very small gap in data management and this is the number one reason as to why the data needs to be controlled by a powerful software like Blockchain.

The system known as FreightChain will be helping AirAsia to keep a complete track of all their data regarding the same and the technology is so sophisticated that a minor deviation in the data values will automatically be corrected by the algorithms making them perform at their best. The algorithm uses a Distributed LEDGER Technology to make sure that they make the whole process of cargo bidding easier. With the technology in place, AirAsia is planning to make their cargo processing much easier and efficient and within no time they will be able to manage all the 247 cargo aircrafts like a well-oiled machine.

How are they planning to move?

Air Asia decided to go with Blockchain powered technologies to make sure that their cargo structures are working on the most developmental technologies and this is the number one reason as to why there is a huge demand in the technologies that run on blockchain.

AirAsia is planning to control the information flow of cargo on their flights and completely integrate into an interface that is backed up by blockchain technology.

There are a lot of definite technological advancements that you can achieve with regard to the Blockchain technologies. Many of the Blockchain based companies are looking forward to making the best of their technologies in developing smart products and implementing the same into their mainstream domains. There are a lot of advantages in using blockchain to back up data and maintain the same and that is where many companies especially the ones that deal with huge amounts of data on a daily basis.

Rajat Gaur