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AriyaX Unveils AXPT Tokenized Aviation Framework

Private aviation firm AriyaX introduces AXPT, aiming to integrate blockchain-based tokenization into aircraft services and operations.

Summary

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Terms & Concepts
  • Tokenization: The process of converting rights to an asset into a digital token on a blockchain.
  • Blockchain: A decentralized digital ledger that records transactions securely and transparently.
  • AXPT: A tokenized aviation framework developed by AriyaX to incorporate blockchain technology into aircraft-related operations.