Digitalisation: cryptocurrency, AI and private jet chartering – Airport Technology
BitLux employees also physically travel to meet with the companys network operators to ensure BitLux flights operate efficiently.
Kyle Patel, executive director of BitLux, says: As far as I know we are the only people in the brokerage position that have regular structures, industry specific training on logistic handling and networking. Our guys are specifically trained on international logistics but our sweet spot is on heavy cabin international trips which is one of the big things that separates us from other companies.
BitLux suggests that the use of cryptocurrency for private jet charter ensures top tier safety and security. This includes secure, anonymous and convenient payment.
The company encountered a customer who needed to fly from the Caribbean islands to Europe and was unable to complete a bank transfer. The customer did not have a credit card that could withstand the cost and being able to make meetings was vital to his operations but he did not have a solution.
However, he had the digital cryptocurrency Bitcoin which inspired the idea that cryptocurrency could be the solution to many peoples dilemmas.
Patel says: From my position, I dont think that the use of cryptocurrency in the private jet industry is unique or philosophical.
I think that the core values of cryptocurrency align almost perfectly with private aviation in the fact of freedom, privacy, efficiency, detail and expedience. Its very difficult for anything to be wrong or impossible in the crypto space on a well-built platform.
I believe that this being raised in aviation is what aviation is about being able to provide a level of freedom, security and control over where you are at, when you are there. The concepts of crypto arent foreign or unique, they are just embodied in a name.
The company also highlights its online quoting tool which allows clients to send their requested flight details to its charter department to check availability and quotations.
Eventually, it is expected that there will be an increased presence of AI in the aviation industry. Patel suggests that AI will understand scheduling.
Patel says: Thats going to be communication between consumer and aircraft. Itll be able to understand schedules, not take the place of scheduling but understand schedules. I see this happening in the next five years. Hopefully some of our vendors and counterparts will take a step forward in the scheduling aspect.
Companies in the private jet space would be able to query their own internal systems, without having to do problem solving. They could take a number of requests that will automatically get approved through scheduling and then go through an AI supervisor for approval.
BitLux is working on consumer facing language model AI. Patel is curious about whether people will prefer working with AI or human beings on charter requests and information on upcoming flights.
Within the private aviation sector, customers are older than the typical population. There is a gap between the age group and the technology that is being used.
Ive been doing a ton of research on how these language models interpret data that isnt direct conversational language and then being able to translate that data and putting it into a readable, eloquent presentation of information.
I think theres a long way to go mostly because of regulations. I will certainly say that the last place you want to have any kind of issue or mistake is in aviation. That is not a good place for a testing ground. Closer integration with AI will come in the form of mostly language models, consistent data, analytics models and projection models for things like air traffic control, maintenance and crew scheduling.
Although there may be some who are hesitant to accept the likelihood of AIs influence on the aviation industry in the future, there are clear benefits.
However, Patel notes that it is important for regulatory agencies to be in the right place to come up with control structures to ensure accuracy of information.
The thing with aviation is that everybody, from ground crew to air traffic controllers, they need to have the most accurate and up to date information possible.
If people have reservations about utilising AI, a computer can digest, understand and regurgitate information a million times faster than humans can imagine. That is something that we can harness or it can go the other way. Someone will develop this whether we are on board or not, adds Patel.
Link:
Digitalisation: cryptocurrency, AI and private jet chartering - Airport Technology
- PayPal rolls out cryptocurrency payments for merchants, citing cost savings and global reach - nottinghammd.com - July 28th, 2025 [July 28th, 2025]
- This Unstoppable Cryptocurrency Could Soar 300% By the End of 2025, According to Tom Lee of Fundstrat - The Motley Fool - July 28th, 2025 [July 28th, 2025]
- This Unstoppable Cryptocurrency Could Soar 300% By the End of 2025, According to Tom Lee of Fundstrat - AOL.com - July 28th, 2025 [July 28th, 2025]
- Solana price fluctuations signal promising potential in the cryptocurrency community - Rochester Business Journal - July 28th, 2025 [July 28th, 2025]
- Estate Planning in the Digital AgeOn Cryptocurrency - Law.com - July 28th, 2025 [July 28th, 2025]
- Freedom Convoy lawyer dropped as a bank customer after cryptocurrency transactions - Yahoo.co - July 28th, 2025 [July 28th, 2025]
- Which Cryptocurrency Will Double Faster? XRP (Ripple) vs. Ethereum - The Motley Fool - July 28th, 2025 [July 28th, 2025]
- Police: Cryptocurrency valued at more than $11.6M in theft from country music icon's widow - The Tennessean - July 28th, 2025 [July 28th, 2025]
- Franklin Man Arrested for Theft of Thousands in Cash, $10M in Cryptocurrency - Williamson Scene - July 28th, 2025 [July 28th, 2025]
- Promising Cryptocurrency Stocks To Add to Your Watchlist - July 28th - MarketBeat - July 28th, 2025 [July 28th, 2025]
- 3 E Network Technology Group Limited Completes First Tranche of Private Offering to Expand Cryptocurrency Reserves - Quiver Quantitative - July 28th, 2025 [July 28th, 2025]
- What does Samsungs chip deal with Tesla indicate about the future of the cryptocurrency market? - OneSafe - July 28th, 2025 [July 28th, 2025]
- Pastor, wife accused of $3.4 million cryptocurrency scam appear in Denver court - Denver Gazette - July 28th, 2025 [July 28th, 2025]
- Which Cryptocurrency Will Double Faster? Ethereum vs. Dogecoin. - The Motley Fool - July 28th, 2025 [July 28th, 2025]
- XRP Mining Launches New Plan To Boost Your Cryptocurrency Appreciation - Barchart.com - July 28th, 2025 [July 28th, 2025]
- Bitcoin News Today: 2025 Cryptocurrency Market Shifts to Stable Income via Regulation and Cloud Mining as Bitcoin Surpasses $128K, MiCA in Effect -... - July 28th, 2025 [July 28th, 2025]
- This Unstoppable Cryptocurrency Could Soar 300% By the End of 2025, According to Tom Lee of Fundstrat - MSN - July 28th, 2025 [July 28th, 2025]
- Tracking the Cryptocurrency "Blacklist": In-depth Analysis of the Behavioral Characteristics of Sanctioned Wallets - ChainCatcher - July 28th, 2025 [July 28th, 2025]
- The GENIUS Act Was Passed, and the Trend of the Cryptocurrency Circle Changed: GMO Miner Became a New Entrance to Wealth - Cryptonews - July 28th, 2025 [July 28th, 2025]
- "Interview with Executives of Cryptocurrency Concept Stocks" Dr. Cai Kailong, CEO of Nano Bit: Company Strategy and Personal Vision under... - July 28th, 2025 [July 28th, 2025]
- Why is MAGACOIN FINANCE Unique in the Cryptocurrency Landscape? - OneSafe - July 28th, 2025 [July 28th, 2025]
- QFSCOIN to Launch US Regulated and Profitable Free Cryptocurrency Cloud Mining - Blockster - July 28th, 2025 [July 28th, 2025]
- Franklin man accused of stealing hundreds of thousands in cash, millions more in cryptocurrency from George Jones widow - WSMV - July 27th, 2025 [July 27th, 2025]
- 1 Top Cryptocurrency to Buy Before It Soars 17,400%, According to Michael Saylor - The Motley Fool - July 27th, 2025 [July 27th, 2025]
- Top Cryptocurrency Stocks to Buy Amid Regulatory Tailwinds - Yahoo Finance - July 27th, 2025 [July 27th, 2025]
- Woman convinced to deposit nearly $5,000 into cryptocurrency ATM in attempted scam - Cleveland.com - July 27th, 2025 [July 27th, 2025]
- 8 AI Crypto Coins and Trading Bots to Watch | Cryptocurrency - US News Money - July 27th, 2025 [July 27th, 2025]
- Stablecoins Are on the Rise. 3 Reasons Investors Should Pay Attention to This Popular Cryptocurrency. - Nasdaq - July 27th, 2025 [July 27th, 2025]
- 3 Factors That Could Cause a Cryptocurrency Boom in the Second Half of 2025 - The Motley Fool - July 27th, 2025 [July 27th, 2025]
- Bitcoins Four-Year Cycle Is Dead: Whats Next for Cryptocurrency? - CryptoRank - July 27th, 2025 [July 27th, 2025]
- The Smartest Cryptocurrency to Buy With $1,000 in a Shifting Market - AInvest - July 27th, 2025 [July 27th, 2025]
- Institutional Investments in Cryptocurrency Set for Explosive Growth in 2025 - OneSafe - July 27th, 2025 [July 27th, 2025]
- Stablecoins Are on the Rise. 3 Reasons Investors Should Pay Attention to This Popular Cryptocurrency. - The Motley Fool - July 27th, 2025 [July 27th, 2025]
- New Cryptocurrency May Be Aiding Russia To Dodge Sanctions - InsuranceNewsNet - July 27th, 2025 [July 27th, 2025]
- How to keep your cryptocurrency appreciating, XRP Mininglaunches a new plan to make you earn over $10,000 a day - StreetInsider - July 27th, 2025 [July 27th, 2025]
- Cryptocurrency Investors Shift to Early-Stage Presales Amid DeFi and AI Trends 2025 - AInvest - July 27th, 2025 [July 27th, 2025]
- Bitcoin News Today: Cryptocurrency Adoption Grows in 2025 as Bitcoin, Ethereum Attract Millions, Backed by 2025 Guide - AInvest - July 27th, 2025 [July 27th, 2025]
- Pastor, wife who claim God told them to sell cryptocurrency indicted on fraud charges - Christian Post - July 24th, 2025 [July 24th, 2025]
- Denver pastor, wife indicted in $3.4 million cryptocurrency scam - The Denver Post - July 24th, 2025 [July 24th, 2025]
- New regulations in the age of cryptocurrency - CBS News - July 24th, 2025 [July 24th, 2025]
- 60 percent say theyll never be interested in buying cryptocurrency: Gallup - The Hill - July 24th, 2025 [July 24th, 2025]
- Cortez community now accepts cryptocurrency from home buyers - Business Observer - July 24th, 2025 [July 24th, 2025]
- Unlicensed cryptocurrency operator in New Haven pleads guilty - Hartford Business Journal - July 24th, 2025 [July 24th, 2025]
- Windtree Therapeutics, Inc. Announces Up to $700 Million Commitment for BNB Acquisitions to Enhance Cryptocurrency Treasury Strategy - Quiver... - July 24th, 2025 [July 24th, 2025]
- This Cheap Cryptocurrency Will Deliver 10x Bigger Gains Than Shiba Inu (SHIB) - Cryptopolitan - July 24th, 2025 [July 24th, 2025]
- New Zealand Just Banned All Cryptocurrency ATMs Nationwide - Dataconomy - July 24th, 2025 [July 24th, 2025]
- Best Crypto Presale: Top 5 Cryptocurrency Presales To Invest In - Crypto Economy - July 24th, 2025 [July 24th, 2025]
- What the Tech: Beware of a new cryptocurrency scam that could cost you thousands of dollars - WAKA 8 - July 24th, 2025 [July 24th, 2025]
- Cryptocurrency Added to Pennsylvanias Money Transmission Laws - WENY - July 24th, 2025 [July 24th, 2025]
- The Financial Markets Administrative Tribunal Limits The Role Of Cryptocurrency Experts - Fin Tech - Canada - Mondaq - July 24th, 2025 [July 24th, 2025]
- A quick overview of the cryptocurrency bull market cycle: When will this round of the bull market end? - - July 24th, 2025 [July 24th, 2025]
- The Unfolding Drama of the Federal Reserve and Cryptocurrency - OneSafe - July 24th, 2025 [July 24th, 2025]
- Skycorp Solar Group Limited Begins Accepting Cryptocurrency for International Transactions Effective August 2025 - Quiver Quantitative - July 22nd, 2025 [July 22nd, 2025]
- Reeves eyes 5bn windfall from sale of seized cryptocurrency - the-independent.com - July 22nd, 2025 [July 22nd, 2025]
- Top 5 Cryptocurrency Token Development Companies Powering the Future of Web3 in 2025 - Vocal - July 22nd, 2025 [July 22nd, 2025]
- What the Tech: Cryptocurrency Scams - KTVN - July 22nd, 2025 [July 22nd, 2025]
- Cheap Cryptocurrency Under $1 That Could be the Next Ethereum (ETH) - Cryptopolitan - July 22nd, 2025 [July 22nd, 2025]
- SEALSQ Commits up to $30 Million in Cryptocurrency Treasury to Accelerate Post-Quantum Cryptography Initiatives - The Globe and Mail - July 22nd, 2025 [July 22nd, 2025]
- Bitcoin News Today: White House to Release Comprehensive Cryptocurrency Policy Report by July 2025 - AInvest - July 22nd, 2025 [July 22nd, 2025]
- MicroCloud Hologram Inc. Allocates $200 Million to Cryptocurrency Investments, Enhancing Financial Stability and Growth Potential - Quiver... - July 22nd, 2025 [July 22nd, 2025]
- JPMorgan is considering entering a new business: it may offer cryptocurrency-secured loans next year. - - July 22nd, 2025 [July 22nd, 2025]
- Baring the DNS Traces of the Slow Pisces Attack on Cryptocurrency Developers - CircleID - July 22nd, 2025 [July 22nd, 2025]
- Landmark cryptocurrency legislation passes US House, to be signed into law by President Trump - International Consortium of Investigative Journalists... - July 20th, 2025 [July 20th, 2025]
- Reeves eyes 5bn windfall from sale of seized cryptocurrency - The Independent - July 20th, 2025 [July 20th, 2025]
- Better Cryptocurrency to Buy Right Now: Cardano vs. Solana - The Motley Fool - July 20th, 2025 [July 20th, 2025]
- This Unstoppable Cryptocurrency Is Now As Big As Amazon, and It Could Soar By Another 10,500%, According to Strategy's Michael Saylor - Yahoo Finance - July 20th, 2025 [July 20th, 2025]
- What are stablecoins and how do they affect the cryptocurrency market? - Yahoo Finance - July 20th, 2025 [July 20th, 2025]
- The Impact of Immediate Coin Access in Cryptocurrency - OneSafe - July 20th, 2025 [July 20th, 2025]
- Better Cryptocurrency to Buy Right Now: Cardano vs. Solana - MSN - July 20th, 2025 [July 20th, 2025]
- GENIUS Act: A Reality Check for Cryptocurrency Payments and Stablecoin Adoption - OneSafe - July 20th, 2025 [July 20th, 2025]
- Which Cryptocurrency Is More Likely to Be a Millionaire Maker? Bitcoin vs. Ethereum - The Motley Fool - July 20th, 2025 [July 20th, 2025]
- Ethereum Just Approached $3,500. 3 Reasons This Leading Cryptocurrency Is Still a Buy - The Motley Fool - July 20th, 2025 [July 20th, 2025]
- The U.S. Government and Its Cryptocurrency Holdings Shaping Market Reverberations - OneSafe - July 20th, 2025 [July 20th, 2025]
- House sends bill regulating stablecoins, a type of cryptocurrency, to Trump - AP News - July 20th, 2025 [July 20th, 2025]
- Crypto surges: Cryptocurrency mcap reaches record high at $4 trillion; What's driving the rally? - Times of India - July 20th, 2025 [July 20th, 2025]
- PBKMiner launches original XRP (Ripple) AI cloud mining application for Bitcoin miners, allowing everyone to easily earn cryptocurrency income -... - July 20th, 2025 [July 20th, 2025]
- House sends first-of-its-kind cryptocurrency legislation to Trumps desk after conservative revolt briefly delayed it - CNN - July 18th, 2025 [July 18th, 2025]
- What's a stablecoin? House passes landmark bills to regulate the cryptocurrency - USA Today - July 18th, 2025 [July 18th, 2025]
- House sends bill regulating stablecoins, a type of cryptocurrency, to Trump - CNBC - July 18th, 2025 [July 18th, 2025]
- Mike Lee wants to keep the government out of peoples cryptocurrency. Here's why - Deseret News - July 18th, 2025 [July 18th, 2025]