Blockchain in aviation & logistics

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WATCH RELATED VIDEO: Applications of Blockchain in Logistics

Generating more transparency in aviation with blockchain technology

The Infosys Aerospace and Defense practice uses blockchain to help stakeholders access, trace and authenticate transactions. Our design thinking approach accelerates identification and prototyping of blockchain solutions. Use cases for the distributed ledger technology range from selecting original components and improving maintenance capabilities to fraud prevention and audit of transactions across multi-tier supply chains.

Infosys leverages blockchain as a foundational technology for traceability and visibility of transactions. Blockchain connects the dots between people, processes, parts, partners, applications, services, and intellectual property. It enhances enterprise efficiency while minimizing rework across design, manufacturing, maintenance, and repair. Our pre-built blockchain platform ensures interoperability across the network, standardizes data exchange, and addresses the security and privacy constraints of shared data.

Real-time visibility and control of transactions facilitates warranty management and ensures compliance with directives for airworthiness as well as aviation safety regulations. Significantly, the blockchain realigns business processes and mitigates revenue leakage.

Smart contracts track usage patterns and consumption of aircraft parts, and trace the history of supply chain transactions. The data helps remediate quality issues with the original supplier in case of subassemblies and subcontracts. Further, timely insights into inventory requirements improve forecasting, which in turn, reduces the risks of obsolescence, stockout, and excess stock.

White paper: Interdisciplinary collaboration accelerates product enhancement. A structured knowledge-based engineering methodology distils experiential skills and enables concurrent development. A digital thread captures end-to-end aircraft data — from product configuration to real-time service records.

A shared ledger enables partners in the ecosystem, including regulatory authorities, to retrieve data from a 'single source of truth. Blockchain network captures and authenticates data, thereby reducing turnaround times to replace malfunctioning LRUs and avoiding Aircraft on Ground AOG situations. Unpacking the possibilities offered by blockchain. Reengineering the carbon supply chain with blockchain technology. Industry 4.

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We offer blockchain incubation-as-a-service to drive adoption and maximize value of blockchain networks. White paper: Interdisciplinary collaboration accelerates product enhancement A structured knowledge-based engineering methodology distils experiential skills and enables concurrent development. You need to track design, build and maintenance services to manage the aircraft lifecycle.

Your suppliers, lessees, product engineers, maintenance staff, and audit teams require ready access to accurate data. Resource Center. White Paper.

Blockchain for Aviation Leasing: Reaching New Heights

New enterprise blockchain solutions are launched to improve the efficiency of the aviation industry, promising a powerful transformation. Airline transport is convenient for international trips and long-distance travels. The digitalization of the aviation industry is bringing powerful transformations to this high-value transportation industry. Accordingly, as more and more people choose to travel by plane, there is a need for more powerful and efficient data system management solutions. Blockchain technology is showing the positive results in the aviation industry, with an impressive number of

Luftansa started the initiative Blockchain for Aviation (BC4A), which plans to include participants such as aircraft manufacturers, logistics.

Freightchain wins SBR Award in the Blockchain - Logistics category

Would you like to travel in a plane which is not safe to fly? The answer would be No. Who wishes to book a ticket on the airplane that has maintenance issues? Currently, it is impossible to book a flight based on its aircraft score or rank. But what if you could check the aircraft maintenance score while booking a flight ticket. Imagine you visited expedia. Green color indicates the aircraft is safe to fly, while Orange represents the plane is partially secure.

Hawley Mill

blockchain in aviation & logistics

Radio Frequency Identification, or RFID, has been gaining momentum within the aviation industry for improving efficiencies in the supply chain. RFID technology is not new, with many manufacturers outside of aviation being more responsive as early adopters to the technology. Literature remains rather sparse in the implementation and success factors within the aviation supply chain as a number of businesses have kept much of the details discreet to differentiate themselves from the competitors. In this case study, we have examined the state of the early adopters in aviation to implement RFID technology into their supply chain for tracking parts, identifying information, logistics media, and other process improvements in component maintenance management.

Gazpromneft-Aero, operator of the Gazprom Neft aviation refuelling business, and S7 Airlines have developed and implemented blockchain-based joint smart-contracts aviation fuel smart contracts — AFSC , improving speed and efficiency in reciprocal settlements in aviation refuelling, as well as automating planning and accounting in fuel supplies.

Boeing Improves Operations with Blockchain and the Internet of Things

Yesterday, airline Cathay Pacific announced that it will use blockchain technology to manage freight containers. The company hopes to implement a system which tracks them in real-time and stores transactions, increasing efficiency and replacing conventional paper-based documents. The Honk Kong firm will be the first airline to implement a blockchain for cargo. Cathay Pacific will manage its ULDs unit load devices for containing air cargo by storing movements and transactions on a blockchain. The firm provides ULDs for general cargo, passenger luggage on commercial planes, transporting cars, and even refrigerated containers for perishables. As these containers regularly fly around the world, they are challenging to keep track of.

Airliners use of blockchain technology

The Indian tech giant Tech Mahindra Ltd. Tech Mahindra intends to introduce a blockchain solution using Amazon Managed Blockchain that will use AWS to connect to customers across the globe. Amazon Managed Blockchain is a fully managed service that makes it easier to create, manage and operate multiple scalable blockchain networks — the same infrastructure that underlies the popular cryptocurrency bitcoin. As part of this collaboration, Tech Mahindra will offer several new solutions through the AWS Marketplace focused on aviation, telecom and medical supply chains. That will allow supply chain management to better understand bottlenecks in their management and streamline their shipping so that they can be on time. This will assist with the authentication of personal protective equipment, kits, face masks, gloves, sanitizers, medical devices and anything else going through the medical supply chain.

1. Blockchain Technology · 2. Game of Drones · 3. Augmented Reality · 4. AI (Chatbots) · 5. Airline New Distribution Capability · 6. Indoor.

Blockchain in Aviation | Emerging Applications and Use Cases

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Lone Fønss Schrøder on her journey from aviation and logistics to blockchain

RELATED VIDEO: Blockchain for Aircraft Maintenance Records

We will never share your information and always give 1 priority for your privacy. The technology that has captured the interest of multiple businesses like Healthcare , Insurance , Supply chain , Banking , Sports, Tourism , Digital art and a lot more in the queue. Hence the Aviation industry is no more exception here. The Blockchain is also being used to addre ss climate change issues, like carbon emissions.

The pandemic has encouraged both paperless and travel-less alternatives to traditional aftermarket practices, but cash has been short to invest in change. Nevertheless, aftermarket giants have stayed on their digital courses and are making progress to that new digital ecosystem everyone has desired.

Blockchain-based Freightchain launches Thailand cargo routes

Experts have called the aviation industry a perfect match for blockchain networks, promising an incorruptible, digital and highly efficient way of keeping track of parts and materials , amongst many other things. Is it just another buzzword or can blockchain actually provide tangible benefits for the aviation industry? When experts describe blockchain technology they use words like decentralisation, nodes, and distributed messaging protocol; the list of technical terms goes on and on, most of which are quite elusive to the average person. So what is blockchain technology in its simplest form? Think of it as a digital ledger or a diary of information that is designed to update and validate itself and is virtually impossible to forge. If the basic idea of blockchains is still unclear, think of this analogy from the experts at Blockgeeks:.

Blockchain in Aviation

The aerospace industry has to function in a tight regulatory environment, which requires the vetting of all parts. These parts can be resold several times throughout the production lifecycle, which makes it challenging to track their history. The traceability of aircraft parts is traditionally a paper-based process.

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