The Bastonet Token, BSN

Bastonet Platform

USE CASES OF THE BASTONET PLATFORM

Identity Management

Using secured public ledger information in addition to biometrics, the Bastonet application will enable the validation of people’s identities on the Blockchain. With this, it becomes impossible to impersonate or commit forgery through fraudulent replication of other people’s identities. Blockchain technology coupled with security protocol ensures foolproof passenger and crew data management since sharing of information is executed through the use of authorized access by individuals whose imprints on the blockchain network are verifiable.

Identity Management
Identity Management

Maintenance/Repair/Overhaul (MRO)

Changes in an aircraft’s lifecycle, from the initial purchase to every transfer of ownership or lease and maintenance event will be tracked on the Bastonet Application — providing an irrefutable record of service. Using Blockchain technology, Bastonet will transform maintenance from paper binders and complicated databases into verifiable information and help the industry ensure that parts procured are legitimate and can offer a reserve immutable record of all procurement of spare parts on the plane, every time it goes through maintenance schedule. Such records will validate the time and location of repairs and provide information on such entities involved in the maintenance work.

Maintenance/Repair/Overhaul (MRO)
Maintenance/Repair/Overhaul (MRO)

Ticketing

The Bastonet Application will use the blockchain to tokenize tickets and e-tickets and further dematerialize these tickets for irrefutable sharing of information across various touch points of travel. Through the use of smart contracts associated with the tokenized tickets, airlines will be able to determine the various preferences of usage, terms and conditions of transfer and sale by anyone across the value chain, and in real-time, from any location in the world in a secure, fast and efficient structure.

Ticketing
Ticketing

Loyalty and Air Miles Reward Programme

Air miles as a currency shall be replaced by the BSN token. Instead of ‘earning’ miles, the Bastonet platform will allow customers to buy them using the Baston Tokens, BSN, in the same way, they can exchange currency today, or could earn them outside of flying alone if they select to be paid in air miles denominated in BSN tokens for services. In traditional loyalty point schemes, travelers often have a long waiting time before they can use their points, with limitations on spending avenues. By tokenizing loyalty points on the blockchain using the BSN tokens, travelers can get instant value by redeeming them on the spot. They can also use them more broadly through a specific user community of partners since these tokens will be traded on exchanges. The BSN tokens will be used in paying for goods and services in a secure and fast way.

Loyality and Air Miles Reward Programme
Loyalty and Air Miles Reward Programme

Other Use Cases

  • Airport Collaborative Decision Making (ACDM)
  • Airline Ancillary Revenue Generation
  • Management of In-Flight Entertainment
  • Fast Insurance and Compensation Management
  • Flight Planning
  • Chattering Services
  • Luggage Handling and Control
  • Cargo and Custom Clearing etc.
Other Use Cases
Other Use Cases

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