Aeron (ARN) Takes Flight: Up Over 50% on the Day - Global Coin Report
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Aeron (ARN) Takes Flight: Up Over 50% on the Day

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Aeron
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Aeron (ARN) caught air on some good news this weekend, soaring over 50% in a 24 hour period. Achieving a price of nearly US $.64 at its peak, this little-known altcoin led the fleet of cryptocurrencies available on Binance, showing the highest positive 24-hour percentage change on October 6th.

Ranking in at number 404 on coinmarketcap.com, you can forgive yourself for not knowing much (or anything) about this platform for improving flight safety. If you happen to be one of their lucky hodlers, however, you are likely flying high on the news of your investment finally getting off the ground.

With a circulating supply of 13 million coins, and a total market cap of US $7.7 Million, Aeron (ARN) shows a total trading volume of nearly US$17 Million in the past 24 hour period.

But what is Aeron (ARN)?

Quite simply, Aeron (ARN) is blockchain for aviation safety. While flying is generally considered among the safest ways to travel, there are still over 3,000 accidents in the industry each year, putting countless numbers of lives at risk.

Over 2 Million people fly each day on over 100,000 flights globally. Whether for business or pleasure, flying has become an indispensable mode of travel for the world’s population. The need for increased safety is paramount to the industry. And Aeron believes it has a solution to the largest factor creating in-flight accidents.

Flight records have historically been manipulated for various reasons. Forged logs can give a pilot an illusion of experience, or save maintenance costs on planes and equipment in need of service. This manipulation creates a bigger problem than you may think, and until now, there has been no easy remedy to this long-standing problem.

With Aeron (ARN) and blockchain technology, distortion or forgery of log data along with data loss, are eliminated. Pilots, maintenance organizations and fixed base operators can log their verifiable information onto blockchain. Transparent information is easily communicated to authorities and safety is improved.

So what caused the dramatic rise in price?

An important roadmap milestone was reached over the past day(s) involving Aeron’s (ARN) Aviation Authority portal development. After intensive discussions with aviation authorities in the European Union, electronic logbooks were established as a recognized tool for the industry. While paper logs are still deemed necessary, EASA/FAA compliant blockchain log entries as published by the Aeron (ARN) team were well received and found complete.

As a result of these discussions, the Aviation Authority portal (a company effort to balance privacy with permission access to flight records) is now under development. This important milestone marks another achievement of the Aeron (ARN) team, in line with the company’s ambitious roadmap.

The Sky is the limit.

Aeron (ARN) can be found on a number of exchanges, including Binance, Gate.io, KuCoin, and others. The ARN token is supported by an equal number of multi-asset wallets. You can join their communities on Twitter, Reddit, Telegraph, Facebook and more.

With confidence renewed, Aeron (ARN) has found the lift necessary to get their little plane off the ground. And with fair skies projected for the remainder of the flight, investors are free to unfasten their belts and roam around the cabin. While investors should take note of their exits and mind the instructions offered preflight by the steward/stewardess, the view from the little windows on this airborne altcoin must be spectacular from these heights… and the sky, as they say, is the limit.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Lotto Nation is Revolutionizing the Traditional Lottery Industry

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As the global economy continues to deal with the economic fallout due to the ongoing pandemic, companies are coming to terms with the fact that normalcy may not return for quite a while.  Many economists are wondering how the business landscape will look a year or more from now.  It’s certainly possible that many businesses, such as retailers and restaurants, may be unable to survive the current downturn.  But while some businesses will falter, others will emerge stronger than ever.

Traditionally, when economies go through a severe downturn, companies adapt.  Those that maintain the status quo usually have great difficulty while those that adapt prosper and conquer.  One possible example of this is Lotto Nation.  Thanks to the entrepreneurial skills of Nils Thomson, the Founder and CEO of Lotto Nation, the company is attempting to completely modernize the traditional lottery industry.

Current Lottery Model is Severely Outdated

It’s safe to say that nearly every human that has ever walked the earth has fantasized about winning the massive jackpot that would completely change their life.  These dreams have turned the global lottery industry into a $302 billion market that is expected to reach $380 billion by 2025.  Despite this predicted growth, the industry suffers from a variety of problems that are preventing it from really exploding.

Perhaps the biggest problem is that traditional lotteries are centralized.  Because of…

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Aluna.Social is a Compelling Social Platform for Crypto Traders and Investors

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Aluna.Social
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When one thinks about the social media landscape, the companies that first come to mind are most likely Facebook, Instagram, LinkedIn, and Snapchat.  These platforms are a great way to stay connected with friends, families, and colleagues, especially when geographic distance is a factor.  But, in addition to just chatting about life in general and sharing pictures, social media can be used to bridge the information gap that exists within the investment community.

Over the last decade, many trading offices have been established in large cities all over the world which allow solo traders and investors to pay a monthly fee in exchange for a workspace.  The real benefit to trading in these offices is to participate in the free flow of trading ideas and information.  Proprietary trading is one of the most challenging careers to be successful at and the exchange of ideas is almost required in order to succeed.  Traders at hedge funds and investment banks work in teams so why shouldn’t remote traders?

While these trading offices are a great way to help bridge the information gap, Aluna.Social may provide an even better way, especially as it relates to cryptocurrency trading.

Mission Statement

Aluna.Social, founded by Alvin Lee and Henrique Matias, is a multi-exchange social trading terminal for crypto traders and investors.  The goal of the platform is to help newcomers shorten their learning curve,…

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CoinFlip Scores Big with BRD Wallet Partnership

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CoinFlip
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As the crypto markets move closer to mass adoption, one of the keys for future success will revolve around attracting as many market participants as possible.  While many crypto users are extremely tech oriented, a lot of those on the sidelines are not.  The cause of waiting on the sidelines could be due to a variety of reasons such as fear of the unknown, lack of knowledge, age, or a combination of all of the above.  In order to entice new users to join the crypto revolution, crypto ATMs are rising up across the country.  Of those, the largest and most influential crypto ATM company by a significant margin is CoinFlip.

In early October, CoinFlip announced on its Twitter that it had officially partnered with BRD Wallet to re-introduce their crypto ATM map.  Now, BRD wallet users will be able to locate their nearest CoinFlip ATM and receive a 10% discount for both buys and sells.  BRD brand awareness is growing quickly within the crypto community thanks to its innovative and entrepreneurial spirit.  The team strongly believes in the value of financial freedom and independence, and want to empower people across the world by leveraging the possibilities that Bitcoin and other cryptocurrencies provide.

Cryptocurrencies are already making a huge difference around the world.  Citizens of Venezuela, a country devastated by rampant inflation, have been using several cryptocurrencies…

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