Home Ico Review High Risk Ico Volavia Ico Review : Transforming private travel payments, foreign exchange

Volavia Ico Review : Transforming private travel payments, foreign exchange

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About Volavia 

Volavia you fly on a commercial airline, your booking is handled by large scale centralised industry platforms which benefit from the transaction security of clearing houses. Private aviation, an industry with revenues of over $20bn and forecast to rise to more than $33bn, lacks such centralised platforms, instead relying on vulnerable and unsecured methods of operation.

Volavia  According to Richard Mumford, Chairman of BACA (Baltic Air Charter Association), the industry is facing numerous challenges: transaction management; payment restrictions; foreign exchange; cybercrime; intercepted payments; and customer privacy. He says.

Basic Information

Token Name Volavia
Token Symbol VOL
Social Media Volavia Ico Review : Transforming private travel payments, foreign exchange
Price 1 VOL = USD $0.25
Language English
Supply 600,000,000 VOL Tokens
Restriction
United States of America, People’s Republic of China (except for Hong Kong, Macau and Taiwan), South Korea, Cuba, Iran, North Korea, Syria, Crimea Region
Minimum Purchase USD $50 ,000
Whitepaper Click Here For View Whitepaper
Website Click Here For Visit ICO Homepage

The meta-trends impacting private aviation today

Cybercrime & Security

Cyber attacks occur on daily basis and cost the industry millions. Contractual and payment chains are vulnerable to hackers using stolen financial information or looking to intercept transactions and redirect funds.

FX & Payment Fragmentation

Inflexible payment methods; exchange rate fluctuation; expensive, slow banking systems; and lags between booking and payment, erode margins, result in lost journeys and frustrate customers and operators.

Privacy & Confidentiality

Systems including CRM, invoicing software and email clients are highly vulnerable and attractive to hackers. Data breaches compromise customer confidentiality, damage reputation and can destroy a business.

Secure. Self-contained. Seamless.

Volavia will not compete with existing search, availability and booking service providers. Instead, we will bring these systems together on a decentralised and fully integrated platform.

Volavia consolidates banking, contracts and communications, many of which are currently unsecure and unvulnerable, putting to an end having to access multiple applications in order to fulfil a transaction. Blockchain, by its very nature, removes the attack surface hackers rely on, mitigating risk and optimising efficiency.

Smart. Simple. Stable

Volavia integrates fiat and cryptocurrencies, making the process of trading tokens into fiat currencies and transferring capital quick and simple. Bank clearing houses are removed from the payment chain through peer to peer blockchain transactions, eliminating bank delays, credit card fees and FX exposure. The ability to send payments instantly and 24/7 which cannot be revoked, tackles the issue of fake payments and diverted funds.

Transparent. Immutable. Safe

Volavia Smart Contracts capture bookings, itinerary and payment details on-chain. This provides protection and transparency to all parties, removing the risk of manipulation, bias, or error. This saves time, eliminates gaps in communications and negates having to process documents manually from the ground up each time.

The customer app environment handles all transactions and itineraries in one ecosystem, ensuring privacy and confidentilaity are never comprimised.

Private Aviation is a highly valuable market 

Private jet sales are flying high

Sales of executive jets are currently running at around $23B p.a. There are in excell of 21,000 aircraft operating globally with, net of retirements, an increase of 33% over the next 10 years.

Private jet use is increasing

A growth in leisure and corporate use has expanded the customer base to include C-level executives, High Net Worth families, celebrities and sportstars among others.

The digitalisation opportunity

A number of existing providers are using technology to offer availability, search and easier booking – attracting significant investment. But, the need for a foundational enabling layer remains.

Brokers have a crucial role to play

A total to £3bn of charter goes through brokerages. This doesn’t include the leasing market, or fractional ownership plans like NetJets, FlexJet and VistaJet.

Volavia Tokens

VOL and AERU tokens underpin the platform. AERU will not be listed or traded on outside exchanges – it’s purely for industry transactions. The Fiat Gateway exists to allow users to trade in and out of fiat and AERU.

VOL will be the contribution token

Contributors will purchase VOL tokens and will become true stakeholders – contributors, brokers and operators, staff.

VOL token supply will remain scarce and will not be diluted as millions and billions of AERU are minted as the industry grows to serve their transactional purpose.

Staking Rewards mean VOL token holders are rewarded for holding an active ‘stake’ in running the ‘consensus’ protocol for the Volavia network. This encourages the policing of the platform and penalises holders who don’t. Effectively contributors earn their rewards for doing work, rather than merely being a share token holder.

Team
Member

Graham York Founder

Neil Cochrane Founder

Mark Green Founder

Richard Edwards Investor & Partner Relations

Paul Atherton Regulatory Advisor

Also Read – Click Here for Read All ICO Review

Quote This article is writing on 16 Nov 2018 based on information available online & news portal. If you feel it’s outdated or incorrect, please write here to update it. Mail us: support@coinworldstory.com Or Whatsapp Us- +13098896258

Disclaimer:

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Vernahttps://coinworldstory.com
One of Coinworldstory's longest-tenured contributors, and now one of our news,ico,hyip editors, Verna has authored over 2100+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies.

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