XYO Network's Blockchain Integrated Location Data Can Help Airlines With Lost Luggage
Every year global airlines lose over 20 million pieces of luggage resulting in a loss of revenue of approximately $2.6 billion. This is about to change in June 2018 due to baggage tracking Resolution 753 from the International Air Transport Association’s (IATA).
Resolution 753 has many requirements including data capture, management and sharing across airlines. The resolution also requires airlines to identify where every luggage is at all times.
Airlines have already begun investing millions of dollars into RFID technology to track luggage via tags. The RFID technology has some limitations and difficulties when attempting to satisfy the requirements of the resolution.
It's possible that these RFID devices can only be read by proprietary hardware. Their information will also be difficult to share between airlines, airports, and baggage handlers without building expensive software bridges to transact data.
Lastly, the RFID devices will track luggage at the airport but will have no way of locating stolen luggage that leaves the parameters of the complex.
XYO Network Has The Answer
XYO Network is an open-source protocol that takes real-world location data and transacts it to the blockchain. XYO Network is building an ecosystem of location data recorders, data stores, and data senders that can answer location queries at any time.
The Network is building what are known as oracles, or nodes that verify real-world occurrences and submit this information to a blockchain to be used by smart contracts.
Airlines Are Heading In The Right Direction
The XYO Network does require some infrastructure in order record, store, and send data but the airlines have most of it in place. The RFID readers could easily be replaced by XYO nodes or just integrated directly with the XYO Network.
In addition to the airport based nodes, the full scale of the XYO Networks location recorders would communicate with luggage that has lost the airport. Currently, XYO Network has over 1 million data recorders worldwide.
Because XYO Network itself is a piece of blockchain infrastructure each airline (or an airline association like IATA) would have to integrate the location data with a blockchain. XYO is developing the system to be multi-chain which will allow airlines to utilize the blockchain of their choice.
What Does The Blockchain Offer?
In the case of lost luggage, the blockchain offers a number of benefits. All luggage location data recorded to the blockchain by XYO will be immutable and fully transparent. Airlines could build apps to allow their agents and their customers to view locations in real-time.
The blockchain would allow airlines to share all of their luggage location data with customers, airports, and government officials without compromising the privacy of the individual luggage owner. XYO is only tracking location data so a pure feed of geo-coordinates can be integrated into a front facing query system.
Through the use of smart contracts, the airlines could be automatically pinged when a piece of luggage is off course or a customer can be notified via an automatic text message if their luggage is ready for pick up.
Why Don't The Airlines Just Build This Themselves?
Good question, the airlines could easily pay someone to build a blockchain from the ground up and even design their own location data based oracle system. The problem with this approach is that the centralized nature is more expensive to operate, has more security and privacy concerns, and makes cross-airline information sharing more difficult.
It is much easier for airlines to build their own location data recorders, known as Sentinels in the XYO Network, and integrate these into a pre-existing solution that can handle the task. The airlines could operate a location reader anywhere they could fit a small sticker and could run nodes from computers already being used by gate attendants.
Summary
By adopting blockchain technology and integrating the open-source XYO Network to transact location data to the blockchain airlines could save millions of dollars in infrastructure cost and lost luggage costs.
The airlines could also utilize the XYO provided data to execute smart contracts to help with customer service and operating efficiency. Overall, XYO Network provides a needed piece of blockchain infrastructure for industries large and small.
More Information on XYO Network
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I'm an inveterate traveler and lost luggage a couple of times. It's not so frustrating when you have returned home, but when the journey has just begun..Very confusing. The idea of the project is cool!
Haha. Lost my luggage in Montana once, turned out it was shipped somewhere totally different. Took the airlines two days to find it. I love the idea that they could have found instantly if their luggage tracking platform was utilizing the XYO Network.
The best part of the story is that the guy who drove my luggage to me was the same guy who took my ticket on the return flight. That's what happens in tiny towns.
I'm from a tiny town, too :-)
Lost luggage is one of the most frustrating experiences perhaps every traveller has experienced at some point. It's impressive that blockchain solutions are able to resolve even the most particular inconveniences in our lives.
Having worked at the airport it is amazing how many chances there are for luggage to be lost or stolen. At many airports most of the luggage is still transferred from vehicle to vehicle by hand.
One of the major issues in U.S. airports is that people often steal bags from baggage claim. Airlines don't often take responsiblity for this. If XYO Network was used to record geographic data it would be possible for travellers to locate their bags even if stolen and removed from the airport.
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RFID and IoT on Blockchain is gonna have a lot of usecases for industries! Great piece bro @mcdform
As you probably know there are some blockchains with their own proprietary RFID devices like WaltonChain. All of those devices can create much more valuable data with location based oracles. Thanks for the comment.