Blockchain, a new age technology, is causing changes in the airline’s management infrastructure, said HashCash CEO Raj Chowdhury.
PALO ALTO, Calif., June 30, 2022 / PRNewswire-PRWeb/-In a short time, blockchain has emerged as a revolutionary technology that optimizes work processes across multiple domains. HashCash Consultant the man who leads Raj Chowdhury emphasizes that along with the BFSI sector and the supply chain, the infinite potential of the blockchain is also transforming airline operations.
The aviation sector is displaying fierce competition with a number of companies competing for a larger market share. The only way to encourage it is to offer the best features or price with the lowest profit margins. Blockchain speeds up workflows which reduces unnecessary costs and processes.
At HashCash The CEO, a pioneer of blockchain noted, said “Blockchain is a versatile innovation that brings value to the entire aviation industry. From finance, procurement, marketing, interlinking to secure tracking and data sharing- the possibilities are endless.”
The basic technology behind cryptocurrencies finds its use in a wide field in the aviation industry. Notable implementation areas include parts and maintenance tracking, customer loyalty reward programs, smart contract agreements for engine leasing or other parts, interlining and revenue distribution, slot management across airports, and more.
“Aviation executives need solutions that produce results. Blockchain is announcing changes, strengthening the ability to extend milestones through a secure and transparent architecture,” said Chowdhury, who previously explained blockchain applications in carbon reduction and smart climate technology solutions.
HashCash has become a global leader in blockchain innovation with its products distributed in more than 26 countries on 6 continents. The U.S. -based company received critical acclaim with its white label crypto exchange solutionswin top honors in blockchain development by a worldwide business review firm. In recent times, HashCash has made contributions in crypto, remittance, and metaverse gaming in countries such as the US, UAE, Vietnam, Braziland more.
As airline business returns to normal with profits until the pre-pandemic scenario, blockchain plays an important role in optimizing operational efficiency. Businesses seeking digital transformation and seeking growth opportunities should not miss integrating the blockchain into their existing architecture.
Raj Chowdhury is the Managing Director of HashCash Consultant and the pioneer of Blockchain. Raj pioneered Interbank Trade Finance and Remittance the first Blockchain Technology implementation among the two largest global banks. Raj is a well -known voice in the Blockchain and Cryptocurrency space and is actively involved with policy makers in the area. He is a contributor to Economic Times, Business World, and CNNMoney and advises industry leaders on Blockchain adoption. She is a member of Asha Silicon Valley, a nonprofit organization committed to education for children in developing countries. Author of the book ‘The Dark Secret of Silicon Valley’, Raj is an investor in blockchain and cryptocurrency companies and an active member of the philanthropic community.
COLEEN F, Hashcash Digest, +14159662907, email@example.com
SOURCE Hashcash Digest