Aerotrips Portal to Integrate Blockchain

the Aerotrips portal, a project developed by Aeron token, will be integrated with blockchain technology during April 2018
12 April 2018   576

Aeron’s ambition is to make flying safer with the latest blockchain technology. The key features of Aeron are making sure that its blockchain technology ensures that vital log data cannot be altered. Also it provides multi-sig authentication system which guarantees data security. The information is stored in the blockchain, transactions are transparent and can be viewed by all users.

Aeron runs the Aerotrips web portal, which is a blockchain powered global database of aviation services available to prospective passengers or flight school students.

Aeron Blockchain for Aviation SafetyAeron Blockchain for Aviation Safety

According to the roadmap published on the official website of Aeron, the Aerotrips portal will be integrated with blockchain technology during April 2018. The far-reaching plans of the project include introduction of token payments for Aerotrips services, which will be implemented in June, and also movement of database to decentralized and encrypted storage, which is due to come in August 2018.

At the moment of press, these are main market parameters of Aeron:

  • Average Price: $1,07
  • Market Cap: $13 949 130
  • 24h Vol: $4 056 140

Users Suspected RusGas of Scam

Reddit users have already accused RusGas of exit scam, since its behavior is much like  recent scam project Oyster Protocol
07 December 2018   95

The RusGas cryptocurrency project (RGS) demonstrates disturbing signs and releases new tokens in excess of the pre-set emission limit, Cryptovest reports. With an aggregate capitalization of $ 117, RGS trading volume for the last few days is $ 35,000. Events unfold against the backdrop of promises made by the project organizers about the upcoming restart.

Most of the RGS trade is focused on the Crex24 exchange, which has a daily  of $ 700,000. RusGas had a daily volume of several million dollars in its best days, which already then caused questions about the authenticity of this value.

According to CoinMarketCap, RGS emissions are limited to 10 billion tokens, but Etherscan indicates that currently 298 addresses contain 860 billion RGS. The rapid growth of emissions was recorded in recent days and hours. The largest wallet contains 99% of all tokens, which is probably the crex24 wallet. The developers themselves explain these movements to the next restart.

Reddit users have already accused RusGas of exit scam, since its behavior is much like  recent scam project Oyster Protocol(PRL), when the additional issue feature was used in a smart contract.

The likelihood of such an outcome is a characteristic feature of projects based on the Ethereum protocol, which allows additional emission of tokens through a smart contract at the discretion of its owner, not to mention other vulnerabilities that cost investors a lot of money.

RusGas is based on the idea of ​​using tokens and blockchains to optimize the Russian gas industry. Despite the dubiousness of the project’s mission, the data on the network indicates that in April of this year he managed to raise $ 2.2 million for ICO.