Aeros is the first universal “currency” issued and owned by airports. Aeros can be exchanged for many frequent flier miles or hotel points while members manage all their Loyalty programs and balances in one wallet. Members are able to Earn and Redeem Aeros in many different ways inside and outside the airport, and use it as another payment method.
We do have three key elements that we provide to airports:
Aeros App that is offered by the airports to passengers and allow them to monitor their flights, gates changes, airport maps, lounges, and store promotions like Duty-free and other merchants.
Aeros Shop is the market place tool for airports to expose their merchants and partners before and after traveling.
Aeros Pay that allow passengers to pay with any payment method or Aeros using their mobile inside and outside the airport.
Through our technology, we also collect key information about the passengers:
Loyalty account: including balance, expiration, status, date of registration, etc.
Flight reservation: including departure airport, gate, time, duration, price paid.
Hotel reservation: dates, period, location, room type, price paid.
This information about the passengers where AI could be used to predict passenger behavior
The project is to back the currency with blockchain and create Aeros as a native token to run under the Cardano system. This will be the first Airmile token that unifies different frequent flier miles and other loyalty points programs in one currency.
Aeros native mobile app has 5 important features:
1) A wallet that keeps the aeros currency
2) An exchange mechanism to redeem for miles
3) A place where to find Earn and Redeem possibilities
4) A communication tool to talk to end-users
5) A peer to peer transfer of Aeros or payment module
It is a new payment method for passengers as well as a tool for airports to generate new revenues.
Aeros is not live yet but all the technology has been developed.
See video of mobile app & wallet attached
See the presentation of the Aeros solution program
See Aeros mock-up website video demo
Cardano is the perfect platform to run Aeros on a blockchain and allow members to exchange currency on a peer-to-peer base or to retailers.
Loyalty programs concentrate the biggest amount of members with currencies in their accounts. There is no better target audience than reward programs since their currency depreciates over time but crypto tokens can offset this problem since they could appreciate it in the future.
There are millions of members around the world and many are frustrated with the Airmiles redemption alternatives, so crypto could be a great one.
I think technology can be challenging since we don't understand yet how the Cardano system works but looks like tokenization of Aeros will not be a big issue.