Flight-Tracking DePIN Protocol Revolutionizing Air Travel Technology with Wingbits' $3.5M Funding

Wednesday, 11 September 2024, 16:42

Flight-tracking DePIN protocol is making waves in the tech sphere with Wingbits raising $3.5 million in seed funding. This investment is led by Borderless Capital and Tribe, focusing on leveraging the Solana blockchain for enhanced flight-tracking solutions. The innovative technology behind Wingbits promises to transform the aviation industry significantly.
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Flight-Tracking DePIN Protocol Revolutionizing Air Travel Technology with Wingbits' $3.5M Funding

Transforming Aviation Technology with Wingbits

Flight-tracking DePIN protocol is a game-changer in the air travel sector. Wingbits, a Stockholm-based protocol, is building a decentralized flight-tracking network on the Solana blockchain. With a recent funding of $3.5 million from notable investors Borderless Capital and Tribe, the company is poised for rapid growth.

Opportunities and Innovations

This funding will enable Wingbits to enhance their technological framework and develop state-of-the-art flight-tracking solutions. Utilizing the benefits of blockchain technology, the new protocol aims to ensure real-time tracking of flights globally.

  • Increased Transparency: Blockchain offers a more reliable data tracking method.
  • Enhanced Security: The decentralized nature minimizes risks.
  • Cost Efficiency: Reducing operational costs through technological advancements.

The Future of Flight Tracking

As Wingbits positions itself as a leader in flight-tracking technology, it promises numerous advantages in aviation, aiming to elevate the standards of safety and reliability.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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