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IATA Coin exists in a closed ecosystem and with a fixed exchange rate to fiat currency, currently the US dollar. This approach eliminates. Oct 23, - This research looks at innovation to improve the passenger experience in terms of ticketing efficiencies, frequent flyer rewards. What is Blockchain exactly? | SITA Aviation Blockchain | AACO / IATA Technical Forum | � SITA 3. IMMUTABLE. LEDGER.