About Aeron
According to its whitepaper, Aeron aims to be the new standard of aviation safety powered by the blockchain. Maintained by a group of aviation professionals, Aeron wants to reduce air transport-related accidents, which it says currently numbers around 3302 per year. One of the major causes of such accidents is the lack of real experience among pilots, since unsecured flight log data from them is susceptible to fraud and forgery. Also, due to "pay to fly" experiences, corrupt flight schools, negligence of aircraft operators, the primary data driving any decision is affected. Aeron is built upon a robust and cryptographically secure database that makes it unique compared to other online travel companies, travel search services or internal applications made for flight officials. With this technology, falsification of data can be kept at a minimum. Additionally, as you would expect from a blockchain-backed application, key information is safely stored and is accessible to everyone with 100% transparency. Except that it now comes secured by a multi-sig authentication system that prevents any type of security breach. According to Aeron's Whitepaper, "The pilot’s application is used by a pilot for personal flight logging. The company application collects and verifies data from aircraft operators, maintenance organizations, flight schools and fixed base operators". Aeron (ARN) is an ERC20 compliant Ethereum based token, with a fixed supply of 20,000,000 ARN. When the token was launched, a fixed amount of tokens were created and after which no more tokens are to be minted. About 60% of the supply is estimated to be in circulation. The supply should decrease over time when ARN tokens as taken out of circulation. Once Aeron receives ARN tokens in exchange of services, the coins will be again released in to the network. According to its whitepaper, Aeron plans to have a user base of 300000 by the end of 2020. This would encourage it to embed new features on its platform. With the help of multi-app functionality and block technology, the company envisions to have an “airline in the pocket” of sorts within two years. While its price has fluctuated like most other cryptocurrencies, it delivered more than 15x returns within a short period between November 2017 to January 2018. As of July 2018, the price is nearly back to its November levels, at $0.57.
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Market Stats
Market Cap
Not enough data
FDV
Not enough data
Circulating Supply
Not enough data
Max Supply
Not enough data
Total Supply
17,510,833,002 ARNX
Diluted Valuation
$15,945.96
Performance
Popularity
Not enough data
Dominance
Not enough data
Volume (24H)
$7.94
-0.96%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
$0.00000114
Overall Price Change (1Y)
-0.9%
Additional info about Aeron
Recent trends
The price of Aeron has decreased by 0.08% in the last hour and decreased by 20.03% in the past 24 hours. Aeron’s price has also fallen by 14.60% in the past week. The current price is $0.00000091 per ARNX with a 24-hour trading volume of $7.94. Currently, Aeron is valued at 20.12% below its all time high of $0.00000114. This all-time high was the highest price paid for Aeron since its launch. The current circulating supply of Aeron is 0 ARNX which means that Aeron has as total market cap of $0.00.
Market details
ARNX vs markets
↘ 92.18%
ARNX vs BTC
↘ 93.27%
ARNX vs ETH
↘ 82.6%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0x0C37Bcf456bC661C14D596683325623076D7e283 | |
BNB Smart Chain | 0xARN-71B | |
BNB Beacon Chain | ARN-71B |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.00000091 | ↘ 20.03% |
1 Day | $0.00000114 | ↘ 20.03% |
1 Week | $0.00000107 | ↘ 14.60% |
1 Month | $0.00000069 | ↗ 31.98% |
1 Year | $0.00000906 | ↘ 89.95% |
FAQ
Aeron (ARNX) is a digital asset that aims to enhance aviation safety by leveraging blockchain technology. It seeks to create a decentralized system for storing, recording, and verifying all data related to the aviation industry. Aeron's solution relies on blockchain technology to track aircraft maintenance and pilot logs, aiming to make aviation safer for everyone involved. The Aeron platform includes a database and an online system that hosts global data on aircraft, flight schools, and pilots. This electronic logging system is designed to ensure that pilots' logs reflect accurate flight hours. Aeron's goal is to create a blockchain-based solution. The Aeron (ARNX) utility token is incorporated into Aeron products, enhancing product usage, ecosystem contribution, product access, and ownership.
Aeron operates by utilizing blockchain technology to create a decentralized, transparent, and system for logging and verifying aviation data. The pilot's application is used by a pilot for personal flight logging, while the company application collects and verifies data from various aviation entities such as aircraft operators, maintenance organizations, flight schools, and fixed base operators. In case of any data mismatch between any Aeron data source and the Air Traffic Control, pilot, or operator, aviation authorities can quickly detect and eliminate the problem. This system also allows aviation authorities to detect any pilots operating with an expired license. The Aeron (ARNX) utility token is used to access features within the Aeron platform.
Aeron has several potential use cases within the aviation industry. For pilots, it provides a platform for personal flight logging, ensuring that their logs reflect accurate flight hours. For aviation authorities, it offers a quick and efficient way to detect and address any discrepancies in data, enhancing overall aviation safety. For aircraft operators, maintenance organizations, flight schools, and fixed base operators, it provides a platform for data collection and verification. For consumers or flight school students, Aeron provides access to a verified global database of aviation services. The Aeron (ARNX) utility token can also be used to access features within the Aeron platform, contribute to the ecosystem, and gain product access and ownership.
Aeron was conceived with the aspiration to become a standard of aviation safety using blockchain. The concept was developed after conducting a global aviation market research in 2016. The development of the Aeron ecosystem began later that year, with the creation of the aerotrips.com consumer portal. The public presentation of Aeron took place in 2017, followed by the Aeron token sale. The development of the Aeron platform, including the pilot and company applications, the blockchain integration, and the aerotrips.com integration with blockchain, took place between 2017 and 2018. In 2019, Aeron (ARN) token was migrated from one blockchain to another. ARN token was swapped to the new ARNX token on the Ethereum blockchain.
We update our Aeron to USD currency in real-time. Get the live price of Aeron on Coinbase.
The current market cap of Aeron is $0.00. A high market cap implies that the asset is highly valued by the market.
The all-time high of Aeron is $0.00000114. This all-time high is highest price paid for Aeron since it was launched.
Over the last 24 hours, the trading volume of Aeron is $7.94.
Assets that have a similar market cap to Aeron include Dinari AAPL, Dinari AMD, Dinari GOOGL, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Aeron is 0.
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Aeron calculator
1 Aeron (ARNX) to United States Dollar (USD)
$0.00000091
1 Aeron (ARNX) to Canadian Dollar (CAD)
CA$0.00000126
1 Aeron (ARNX) to British Pound (GBP)
£0.00000068
1 Aeron (ARNX) to Japanese Yen (JPY)
¥0.000131
1 Aeron (ARNX) to Indian Rupee (INR)
₹0.000078
1 Aeron (ARNX) to Real (BRL)
R$0.00000517
1 Aeron (ARNX) to Euro (EUR)
€0.00000080
1 Aeron (ARNX) to Nigerian Naira (NGN)
NGN 0.0015
1 Aeron (ARNX) to Singapore Dollar (SGD)
S$0.00000120
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