Industries/ Supply Chain & Logistics/ Air Cargo

Air Cargo on PYRAX

Air cargo carries the highest-value, most time-sensitive freight - pharma, electronics, perishables - under tight regulatory and security controls. Air waybills, ground handling, and customs handoffs are fragmented and paper-dependent. PYRAX provides verifiable milestone tracking and instant settlement across airlines, forwarders, and ground handlers while protecting rate data.

Market size

$130B (2024)

Projection

$205B by 2030 · ~7.9% CAGR

The market

$130B (2024)

Global air cargo revenue

~62M tonnes/yr

Air cargo tonnage carried

~35%

Share of world trade value by air

~80%+

e-Air-Waybill adoption target

Source: IATA / Straits Research, 2024. Figures are indicative and provided for context.

What's broken today

Air waybills and dangerous-goods declarations are still partly paper, slowing acceptance and clearance.

Handoffs between airline, ground handler, forwarder, and customs each re-key data and lose milestones.

High-value and pharma shipments need continuous, tamper-proof condition and custody evidence.

Interline settlement between airlines and handlers is slow and reconciliation-heavy.

How PYRAX transforms it

Concrete network elements mapped to this business.

eth_getProof verifiable milestones

Acceptance, uplift, transit, and delivery milestones carry proofs each party verifies independently, closing the visibility gaps between airline, handler, and forwarder.

On-chain escrow for interline settlement

Interline and ground-handling charges escrow and auto-settle on verifiable milestone completion, replacing slow monthly reconciliation between carriers.

IoT device identity and micro-payments

Smart tags and ULD sensors sign temperature, shock, and location events under device identities, giving pharma and electronics shippers tamper-proof condition evidence.

Shielded-by-default transfers

Confidential air-freight rates and forwarder commissions settle privately while a proof satisfies audit, keeping negotiated pricing off shared industry systems.

BLS instant finality

Acceptance and customs-release events reach irreversible finality immediately, so downstream ground handlers act on status with no ambiguity or reversal.

Buildathon: dApp ideas

Ship-ready concepts for air cargo on PYRAX.

Start building →

AirWayChain

Electronic air-waybill with verifiable acceptance, uplift, and delivery milestones.

e-AWBmilestones

InterlineNet

Interline settlement engine that auto-clears airline and handler charges from escrow.

escrowsettlement

ULDSense

Unit-load-device condition monitor signing temperature and shock events via IoT identities.

IoTcold-chain

DGDeclare

Dangerous-goods declaration contract enforcing IATA rules with a verifiable compliance proof.

compliancecontracts

PharmaAir

CEIV-Pharma custody tracker producing per-shipment cold-chain proofs for regulators.

pharmaviewing-keys

RateSeal

Confidential air-freight rate settlement keeping forwarder and airline pricing shielded.

shieldedpricing

CargoFlow

PYRAX Compute capacity and load-planning optimizer with verifiable allocation proofs.

Computecapacity

TrackTag

High-value shipment geolocation tracker streaming signed position events at scale.

trackingGhostDAG

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