### What is AVINOC?

AVINOC is a consistent, integrated, and permissionless base data layer developed for the decentralised, transparent, and worldwide coordination of business flights within general aviation. Its main goals are to achieve optimal resource utilisation and significantly reduce costs.

### How does AVINOC work?

AVINOC operates on the Ethereum blockchain as an ERC-20 token. It uses smart contracts to facilitate various operations, including booking flights and managing processes within or between organisations. Additionally, it employs Knowledge Graphs for predictive aviation and travel, and supports a blockchain-based loyalty program offering multiple benefits.

### What are the potential use cases for AVINOC?

AVINOC's use cases include booking flights and managing processes within or between aviation industry organisations, facilitating transactions within the aviation sector, enabling access to a variety of products and services, and improving predictive aviation and travel experiences. Real-world applications include VOO, a digital B2B marketplace for managing private jet charter flights, and VOOpay, a secure payment system for transparent transactions.

### What is the history of AVINOC?

AVINOC started as business cloud and enterprise resource planning software in aviation in 2008. The project transitioned to a blockchain-based model in 2017. Key milestones include participation in Lufthansa's Changemaker Challenge, entering Dubai's blockchain initiative, listing on various exchanges, and launching VOO, a marketplace for private jet charters. Notable team members are Gernot Winter, an experienced entrepreneur, and Rene Inkret, a professional pilot.

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