Aeron ARN to Cryptoindex.com 100 CIX100 Exchange

Crypto Pair Details: ARN to CIX100

Aeron ARN

According to its whitepaper, Aeron aims to be the new standard of aviation safety powered by the blockchain. Maintained by a group of aviation professionals, Aeron wants to reduce air transport-related accidents, which it says currently numbers around 3302 per year. One of the major causes of such accidents is the lack of real experience among pilots, since unsecured flight log data from them is susceptible to fraud and forgery. Also, due to 'pay to fly' experiences, corrupt flight schools, negligence of aircraft operators, the primary data driving any decision is affected. Aeron is built upon a robust and cryptographically secure database that makes it unique compared to other online travel companies, travel search services or internal applications made for flight officials. With this technology, falsification of data can be kept at a minimum. Additionally, as you would expect from a blockchain-backed application, key information is safely stored and is accessible to everyone with 100% transparency. Except that it now comes secured by a multi-sig authentication system that prevents any type of security breach. According to Aeron's Whitepaper, 'The pilot’s application is used by a pilot for personal flight logging. The company application collects and verifies data from aircraft operators, maintenance organizations, flight schools and fixed base operators'. Aeron (ARN) is an ERC20 compliant Ethereum based token, with a fixed supply of 20,000,000 ARN. When the token was launched, a fixed amount of tokens were created and after which no more tokens are to be minted. About 60% of the supply is estimated to be in circulation. The supply should decrease over time when ARN tokens as taken out of circulation. Once Aeron receives ARN tokens in exchange of services, the coins will be again released in to the network. According to its whitepaper, Aeron plans to have a user base of 300000 by the end of 2020. This would encourage it to embed new features on its platform. With the help of multi-app functionality and block technology, the company envisions to have an “airline in the pocket” of sorts within two years. While its price has fluctuated like most other cryptocurrencies, it delivered more than 15x returns within a short period between November 2017 to January 2018. As of July 2018, the price is nearly back to its November levels, at $0.57.

Cryptoindex.com 100 CIX100

'Cryptoindex.com 100 (CIX100) is a digital expression of the top coins that continuously recalculates itself. The index represents a mathematically computed value of all the coins, included in the structure of the index, which is changing every second along with the movements of their price. It is integrated with the multitude of main cryptocurrency exchanges, tracking of tens of millions of trades and orders per day. The unique aspect of Cryptoindex is that it tracks the entire crypto market, not just the Bitcoin space but taking into account the likes of Ripple and Ethereum and etc. Over 1,800 coins are put through our fixed set of filters, which provides around 500 coins as a rough output. Data is collected from cryptocurrency exchanges, news, social media, such as Twitter, GitHub, and other sources. The collated data is used to extract over 200 factors that create a refined ranking in the index. Then, the factors are fed into the neural network, creating a final rating of coins, with the top 100 coins making up the Cryptoindex 100. Rebalancing of the Cryptoindex 100 happens monthly, when the composition of the index is changed by up to 22% on average. '

SOURCE: COINGECKO

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