Advertise
CoinTrust
BTC
ETH
BCH
SOL
DOGE
SHIB
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos
No Result
View All Result
CoinTrust
No Result
View All Result

Home » UN Aviation Agency President: Blockchain Can Offer Tremendous Benefits for Industry

UN Aviation Agency President: Blockchain Can Offer Tremendous Benefits for Industry

Kelly Cromley by Kelly Cromley
Apr 4, 2019
in Market News, News
Reading Time: 2 mins read
0

According to business news outlet AirTrafficManagement.net, the president of the UN’s specialized aviation entity has stated that blockchain technology has the ability to deliver enormous benefits to aviation systems worldwide.

To a global gathering of state officials, aviation and technology experts, the president, Dr. Olumuyiwa Benard Aliu gave his opinion at the maiden conference for the International Civil Aviation Organization (ICAO) Blockchain Summit and Exhibition in Abu Dhabi.

Dr. Aliu cited that with worldwide volumes of air traffic expected to double over the forthcoming 15 years, blockchain technologies have significant ability to minimize present asset stress while maintaining quality in the face of rising demand.

The ATM news presenter has pointed out that with a sharp rise in air traffic, ground, passenger, ticketing and cargo handling operations will ratchet up. This will lead to an increase in tracking, administrative and certification criteria.

In this regard, Dr. Aliu stressed that:

“Blockchain has the potential to virtually exclude loss, distortion, or forgery of vital log data in all aviation sectors where certificates are issued and controlled.”

He also supposedly mentioned that blockchain integration can be envisaged across nearly all aviation stretches where intricate documents— critical to safety — have to be generated and revised including workforce endorsement, aircraft servicing, operational authorizations and cargo declarations.

The president of ICAO also supposedly secluded traveler identity verification as a key area where blockchain can offer advantages to the aviation sector and governments around the world.
Because of its potentially groundbreaking effect, Dr. Aliu emphasised that technology assimilation is distinctly possible to offer the industry with intrinsic challenges:

“The aviation system today relies mostly on human agents or intermediaries to assume validation activities, and so we can foresee that the integration of blockchain […] in support of a state’s aviation safety oversight system, for example, would likely require substantial adjustments to related regulations, procedures, and responsibilities.”

He thus emphasised the necessity to alleviate cyber risks and make sure that investors and states cooperate to create a rigorous worldwide cyber security game plan where blockchain— and smart contracts in particular — perhaps be used to handle crucial civil aviation security processes.

As reported earlier, the United Arab Emirates (UAE) was principally chosen as the hosting venue for the ICAO Summit due to continuing efforts by domestic authorities to enact blockchain at national level in different sectors of economy. The event takes place under the power and influence of the Crown Prince of Abu Dhabi, His Highness Sheik Mohamed Bin Zayed Al Nahyan, and participation from the Minister of Economics of the nation as speaker.

Previous Post

Boerse Stuttgart-Operated Swedish Exchange Lists XRP, LTC Based Exchange-Traded Products

Next Post

Lucid Sight Collects $6 Million to Introduce Its DLT-Powered Games In Traditional Platforms

Related Posts

ripple-blockchain-adoption

XRP Ledger Ventures into Genomics with Blockchain Identity Mesh

by Kelly Cromley
Jun 14, 2025
0

The XRP Ledger has expanded its role in the decentralized ecosystem by incorporating biometric identity features through a groundbreaking innovation...

shopify-adopts-stablecoin-payments

Shopify Expands into Stablecoin Payments with Coinbase and Stripe

by Kelly Cromley
Jun 14, 2025
0

Shopify has taken a significant step toward embracing digital currencies by enabling its merchants to accept stablecoin payments through a...

XRP Price if Ripple Captures 14% of SWIFT Market Share in 5 Years

XRP Price if Ripple Captures 14% of SWIFT Market Share in 5 Years

by Mostafijur Rahman
Jun 13, 2025
0

Ripple’s vision of replacing or supplementing parts of the legacy SWIFT system is not new—but what if it actually happened...

sft-luffa-partner-for-secure-web3-messaging

SFT and Luffa Unite to Secure Web3 Messaging

by Kelly Cromley
Jun 13, 2025
0

SFT Protocol, a notable player in the decentralized finance landscape known for enabling liquidity in staked assets, has announced a...

quackai-soonchain-decentralized-gaming-partnership

Quack AI and SoonChain Join Forces to Revolutionize Decision-Making in Decentralized Gaming

by Kelly Cromley
Jun 13, 2025
0

Quack AI, an established platform specializing in artificial intelligence-driven governance solutions, has announced a strategic partnership with SoonChain, a progressive...

Ethereum’s Polygon Inks Two Deals to Bring DeFi, Decentralized Insurance & NFT to Enterprises

Polygon Bridges POL Token to Solana with Wormhole Integration

by Kelly Cromley
Jun 13, 2025
0

Polygon, a leading Layer 2 scaling solution for Ethereum, has announced plans to extend the functionality of its native POL...

Next Post
Lucid Sight Collects $6 Million to Introduce Its DLT-Powered Games In Traditional Platforms

Lucid Sight Collects $6 Million to Introduce Its DLT-Powered Games In Traditional Platforms

  • blackrock invests in colle web3

    COLLE: Pioneering AI Web3 Platform Receives Investment Boost from BlackRock

    by Kelly Cromley
    May 13, 2024
  • Router Protocol and OpenWorldSwap Partnership to Revolutionize DEX Market

    by Kelly Cromley
    Aug 6, 2024
  • Central Bank of Saudi Arabia Teams Up with Ripple to Transform Cross-Border Settlements

    by Kelly Cromley
    Aug 17, 2023
  • GameStop’s Digital Transformation: Embracing Blockchain and NFTs

    by Kelly Cromley
    Feb 2, 2025
  • Blockchain Based Sports Platform SportsMint Unveiled

    by Kelly Cromley
    Apr 30, 2024

Recent News

ripple-blockchain-adoption
Market News

XRP Ledger Ventures into Genomics with Blockchain Identity Mesh

by Kelly Cromley
Jun 14, 2025
shopify-adopts-stablecoin-payments
Market News

Shopify Expands into Stablecoin Payments with Coinbase and Stripe

by Kelly Cromley
Jun 14, 2025
sft-luffa-partner-for-secure-web3-messaging
Market News

SFT and Luffa Unite to Secure Web3 Messaging

by Kelly Cromley
Jun 13, 2025
quackai-soonchain-decentralized-gaming-partnership
Market News

Quack AI and SoonChain Join Forces to Revolutionize Decision-Making in Decentralized Gaming

by Kelly Cromley
Jun 13, 2025
Ethereum’s Polygon Inks Two Deals to Bring DeFi, Decentralized Insurance & NFT to Enterprises
Market News

Polygon Bridges POL Token to Solana with Wormhole Integration

by Kelly Cromley
Jun 13, 2025

Categories

  • Altcoin News
  • Analysis News
  • Binance Coin News
  • Bitcoin News
  • Blockchain
  • Blog
  • Cardano News
  • Ethereum News
  • ICO News
  • Legislation News
  • Market Forecasts
  • Market News
  • News
  • Ripple
  • Ripple News
  • Solana News
  • Tether News
  • XRP

Cointrust

  • About Us
  • Contact Us
  • Correction Request
  • Our Team

Legal

  • Disclaimer
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy

Popular

  • ICO Listings
  • Knowledge Base
  • All about Mining
  • Cryptocurrency Exchanges
  • How and Where to buy Cryptocurrency

Sitemap

  • News section
  • Sitemap
  • XML Sitemap

© 2024 CoinTrust.com.

CoinTrustCoinTrust

* DISCLAIMER: All information provided in CoinTrust is merely for informational purposes, we are not an investment advisor and not affiliated with any companies or ICO/Cryptocurrency Projects. To use this website you must accept our cookie policy, Disclaimer and Privacy Policies.

No Result
View All Result
  • News
  • Bitcoin
  • Ethereum
  • Altcoin
  • Market Cap
  • Learn
    • Buying Crypto
    • Crypto Mining
    • Crypto Exchanges
    • Knowledge
  • Crypto Casinos
    • Bitcoin Casinos
    • New Crypto Casinos
    • No KYC Crypto Casinos
    • Anonymous Crypto Casinos
    • VPN Friendly Crypto Casinos
    • Bitcoin Poker
    • Crypto Poker
    • Bitcoin Bingo
    • USDT Casinos
    • Offshore Online Casinos
    • Bitcoin Betting Sites
    • Crypto Sports Betting
    • Reddit’s Best Bitcoin and Crypto Casinos

© 2024 CoinTrust.com.

We use cookies to ensure that we give you the best experience on our website.
If you continue to use this site you agree to allow us to use cookies, in accordance with our Cookie Policy.
I Agree