Over the years, I have seen lot of projects using the innovations available in the blockchain technology to give better services to their products and company but I've never seen such technology been used in Aviation Sector till I came across Genesis Supply Chain (GSC) Platform.
Genesis Supply Chain (GSC) is an aviation company that would use blockchain technology to revolutionise the aviation industry offering state-of-the-art products and services that intend to give users unique experiences. Thus GSC built up her unique platform to handle all logistics from purchase of tickets through flight bookings. With the aid of decentralization of blockchain, user's details such as personal data, flight records, ticket Booker et-cetera are stored on the block ledger, which is accessible from anywhere in the world, transparency and cannot be altered.
FEATURES AVAILABLE ON GSC PLATFORM
Availability of storage ledger of blockchain makes it easier and very convenient for identity already saved on the database of GSC platform to be accessible to all dealers within the ecosystem.
Ability to choose from a list of vendors the best based on his/her capabilities and services rendered that meet up with the users standard. This is achieved through few clicks on the platform while setting your criteria.
The search button on the GSC Platform makes it easy to locate suppliers within your reach. For such search, suppliers list is displayed based on most active and frequently used supplier to the least.
Availability of a user friendly tool that would permit users to get well detailed information about the supplier, such as history of his/her history of dealings with clients and ratings measured on him/her. This tool help save the stress of having to communicate more suppliers in comparing their demands and nature of services.
After thorough understudying of the GSC Platform, I can highlight the following ways in which the project has conveniently utilized the Blockchain Technology in achieving proficiency within the platform:
The world we know was built on a centralised system controlled by just one or few individuals and for anyone to get his or tasks done within the shortest timeframe, they need to pass through agents otherwise known as Intermediaries or middlemen but GSC Platform keyed into the innovation available in Blockchain to provide a decentrealized ecosystem where users (buyers and sellers) can conveniently communicate with one another effectively and efficiently.
As Intermediaries/middlemen are out of the picture, with the help of Blockchain though, it helps users/investors to save fund that would have been spent to pay off the Intermediaries within the chain of transactions.
To ensure adequate securities of data storage, transaction record processing as well as validity of payment, GSC Platform developed an algorithm consensus to aid effectiveness of the platform in order to reduce if not eradicate any form of mutability.
Rather than staff running round from one location to another to monitor progress of supplies, GSC Platform use blockchain innovation to trace and ensure safety of packages till it arrives at the designated location. This I believe would help protect lives of the staff that may be endangered to accident as a result of excessive work in monitoring packages.
All forms of data such as clients record, transaction details as well as contracts initiated with clients are stored on the blockchain technology, which can be accessed from anywhere and inmutable.
I write based on my research and understanding of the project, thus I am not a financial advisor. If you like what you've read then visit the channels below to get more information about GSC Platform:
Website: https://gscplatform.io/
Whitepaper: https://gscplatform.io/wp-content/uploads/2018/06/ENG-WP-GSC-AVIATION-07062018.pdf/
ANN Thread : https://bitcointalk.org/index.php?topic=4438272.
Twitter : https://twitter.com/GSCAviation
Facebook : https://www.facebook.com/GSCPlatform
Telegram : https://t.me/GSCAviationOfficial/
Reddit : https://www.reddit.com/r/GSCAviation/
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