#Mira $MIRA @Mira - Trust Layer of AI
Indias Aviation market is effectively a duopoly. Indigo has 65 percent market stake and Air India has 27 percent market stake. India has a vibrant Aviation Industry. The market is expected to grow 1.1 billion dollar by 2036. The cost structure of Aviation industry is --
1. Dollar based currency tag
2. Lease and Rental based expense
3. Air craft maintenance
4. Purchase of spare parts
5. Fuel cost comprises 40 tp 50 percent of Airline cost.
6. There is a threshold of 5000 Ruppees.
However India currently has a 163 airports and expected to grow to 400 by 2040.
Key Trends and Developments--
1. Rapid Expansion -- The industry is seeing a over 300 daily departure.
2. Infrasyructure growth-- Significant investmemts are made in spirts.
3. Operational Challenges-- Pilot fatigue, regulatory constraints and supply chain disruption.
4. Market Structure -- Oligipolistic market
Current Senario--
1. Rise of the demand of transportation by air
2. Transpirtation connectivity Index is upward.
Recent Global LandMarket--
1. Scale-- 100 billion dollar deal with boeing for the purchase of Boeing Aircraft, Engines and Spares.
Tokenization of Aviation Industry--
Tokenization of Aviation industry comprises using blockchain to convert ownership, leasing rights and msintenance data of Aircraft.
Key Aspects of Toenization--
1.Air Craft asset management
2. Financing and leasing
3. Operational efficiency and security
4. Service personalization and loyalty
Benefits of Tokenization-
1.Increased liquidity
2. Low barriers to entry by porter five forces
3. Enhanced Burgaining power of supplier
4. Perfect competitive global market but clandestine liason of players to avoid price rigidity.
Global Macro Srnario--
1.Persistent downward trend of policy rate
2.Downward trend of Taylor rate-- further scope of crowd out between price and purchasing power parity.
Why mira token --
1. Traditional proof of work
2. Proof of economic alignment
3. Decomposition of complex of AI parameters
Mira token Utility--
1. Suitable nodes for participating in the verification of network gateway interface
2. Single payment interface gateway for a verification process
3. Multiple cookie governance protocol
Mira token definition--
1. No persistent training dilemma
2. Higher accuracy domain interface.
3. Reliable verification interface.
