Blockchain Application in Fiji’s Aviation Industry
Sam Goundar,
Elvis Chandra,
Divesh Anuj,
Bharath Bhushan and
Kennedy Okafor
Chapter 7 in Blockchain Technologies, Applications and Cryptocurrencies:Current Practice and Future Trends, 2020, pp 157-168 from World Scientific Publishing Co. Pte. Ltd.
Abstract:
In today’s high-technological era, organizations have accelerated the use of blockchain technology to enhance their business processes. Blockchain is a somewhat updated version of a database, which is a powerful technology in terms of managing data when compared to normal SQL databases. In Fiji, flight information is a mission critical system as a large number of stakeholders depend on it, such as, hotels, airlines, airports, ground handlers and even the general public. Current flight information is meeting day-to-day organizational needs, but there is evidence of information technology problems associated with it, such as inconsistent information, data silos, availability, etc. With the introduction of blockchain technology, the aviation industry can become more powerful in terms of providing high-quality flight data to all its stakeholders. By the end of the research, we should be able to build a conceptual model that solves the flight data problem in Fiji.
Keywords: Blockchains; Cryptocurrencies; Distributed Ledger Technologies; Bitcoin; FinTech (search for similar items in EconPapers)
JEL-codes: G20 L86 O3 (search for similar items in EconPapers)
Date: 2020
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