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habib388

Airlines use Blockchain technology

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I heard some news saying that there is a cooperation between Boeing and Honeywell, the two aviation giants, in tracking and selling billion-dollar aircraft parts using blockchain technology.  

Do you expect that this will help spreading crypto and moving currencies to the better?

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28 minutes ago, habib388 said:

I heard some news saying that there is a cooperation between Boeing and Honeywell, the two aviation giants, in tracking and selling billion-dollar aircraft parts using blockchain technology.  

Do you expect that this will help spreading crypto and moving currencies to the better?

Can you post a link to the source because this is really vague. I don't know how blockchain is planned to be used in this case but i highly doubt it has anything to do with permissionless cryptocurrencies.

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This is interesting and of course the Blockchain technology is very very ideal for Airlines company about the management and faster transaction, also with Blockchain technology will process any data in sort time record.


 

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It is obvious. Airlines have a very complex and busy database. It is blockchain that can very well offload this network and improve the work of all airlines in general. Now the blockchain has begun to go into all areas of our lives, this is very good, with it our life will become much easier.

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I guess they can use the Ethereum Network for that, the same way E&Y is. The reasons they need a blockchain are not really that different and they will definetly cut costs with it's intergration, while increasing transparency and R&D at the same time.

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On 3/8/2020 at 11:37 PM, habib388 said:

I heard some news saying that there is a cooperation between Boeing and Honeywell, the two aviation giants, in tracking and selling billion-dollar aircraft parts using blockchain technology.  

Do you expect that this will help spreading crypto and moving currencies to the better?

It is simple that whenever crypto is used in any project. It increases the use of crypto. Obviously use by big companies increases the reputation of crypto and other companies/public also think to bring it into their life. So It would help to promote crypto.

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I don’t know if that is true or not, but I’m sure that blockchain is used in many areas and I see that cryptocurrencies will develop on a large scale


THINK POSITIVE

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Exactly this great initiative will definitely increases crypto popularity. If these types of big companies continues to take interest in cryptocurrencies then future if this technology will be very bright.

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i always have this positivity that with more adoption of the block chain technology and crypto currencies usage by more economic giants, that is big companies in the economy, it will help is the spread of crypto currency 

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I think that is the great start from the Airlines Company by accepting the cryptocurrency. Airline can sell tickets by accepting payments in the cryptocurrency.We know payment made from cryptocurrency will be fast, secured and transparent to everyone. 


 

 

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Airlines is one of the active fields in this world except for now because virus arises. But if this implementations still continue it can help people to engage more to try this stuffs. I just hope some famous airlines used this idea.

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Aviation companies such as Boeing and Honeywell are very large companies and you need to take advantage of this. Blockchain technologies are developing and are not standing still. I am glad that blockchain technologies using cryptocurrencies will help to use aviation and passenger transportation. 

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I agree that this will certainly lighten the load. But on the other hand you need to have alternative control because the blockchain depends on the network.

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Its really good news for block chain technology because we know how much advanced technology use in airlines, then this block chain technology use in airline its really help to increase their time and speed,but I can't heard this news but I hope this news is real.


 

   

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This is a rather vague post and it does not show the source from which you obtained this information. I have not heard anything about the news that you are reporting. Please share the link to which you are referring so that i can also check out eh link and see if what you are saying is true, because this sounds very interesting to me and i think that there could possibly be a future in what you are speaking about here.


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Indeed, this step will be the most encouraging to publish cryptocurrencies and make them legal, especially since some airports have placed Bitcoin ATMs inside them. This cooperation between airports and airlines will be a strong supporter of encryption and Bitcoin in particular.


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Actually companies which deals on aircraft parts, doesn't really make sense when having to use the block chain technology as the relation there cannot be integrated, as if it was a an airline transport company it would have made more sense

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It will be great if such things happens and thus cryptocurrency will be more used in various sectors and people  will be able to know  more about this  

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On 3/8/2020 at 7:40 PM, rekter said:

Can you post a link to the source because this is really vague. I don't know how blockchain is planned to be used in this case but i highly doubt it has anything to do with permissionless cryptocurrencies.

I think this is more related to how for instance European harbors use blockchain technology to trace and follow shipping containers, or how e.g. bananas and other exotic fruits can be traced back to the origin.

 

So that uses blockchain technology, but has little to do with crypto currency.

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I haven't heard about that my friend, but i wish if it could be true. Bitcoin has helped me a lot and changed my life completely, i cover many things with it. It will be good if i can cove the airplane ticket with bitcoin too and save my money.


Time is the ultimate weapon!

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