Autonomous refund engine: Aeropaye's system is designed to provide autonomous refunds to passengers in case of delayed or cancelled flights. This means that customers don't have to go through the hassle of filing a claim and waiting for the airline to process their refund request.

Distributed ledger technology: Aeropaye's system is based on distributed ledger technology (DLT), which provides a secure and transparent way to record and manage flight ticket transactions. This allows for faster and more efficient processing of refunds and payments.

Smart contract components: The system also includes smart contract components that automate the refund process based on predefined rules and conditions. This ensures that refunds are processed accurately and efficiently, without the need for human intervention.

IATA direct connect NDC protocol: Aeropaye's system is integrated with the IATA direct connect New Distribution Capability (NDC) protocol, which allows for more efficient communication between airlines and travel agents. This ensures that flight information is accurate and up-to-date, and that refunds are processed in a timely manner.

Hybrid escrow-integrated system: Aeropaye's system includes a hybrid escrow-integrated system, which allows for secure and efficient payment processing. This means that customers can pay for their flight tickets using a "buy now pay later" option, and that funds are held in escrow until the flight has been completed. If the flight is cancelled or delayed, refunds are processed automatically through the autonomous refund engine.