Frequentis working on project SlotMachine to use blockchain for slot trading

24 March, 2021

Frequentis reported (23-Mar-2021) it has partnered with EUROCONTROL, the AIT Austrian Institute of Technology, University of Linz (Austria), and Swiss International Airlines in the 'SlotMachine' consortium. The EU funded project aims to develop a cost-efficient solution, enabled by blockchain technology, which will extend the existing slot swapping capabilities between different airlines. Frequentis aims to foster the emergence of a new kind of marketplace for airlines exchanging slot priorities in ATM. The platform to be developed by the SlotMachine consortium is expected to enable more flexible, faster, scalable, and (semi-) automated processing of slot sequence transactions in a fair and trustworthy way, constructed with a privacy-first approach. The aim of the project will be to protect sensitive airline data from competitors and airport operators, allowing for user-driven optimisation in the allocation of Air Traffic Flow Management slots to flights. [more - original PR]