BLOCKCHAIN use-case
AVIATION supply chain
Learn how blockchain is redefining aviation supply chain. Reducing layover times. Creating single version of truth for OEM, MRO & Aviation Authorities using Hyperledger.
Aviation sUPPLY cHAIN
The global airline industry has continued to
grow rapidly in sync with emerging markets. In 2017, commercial airlines will generate
combined revenue of around 743 billion U.S. dollars globally.
While Airlines keep focus on revenue growth,
they often fail to minimize operating costs and layover times due to the complex
involvement of OEMs, MROs & National Aviation Authorities (NAA) in maintenance
procedures. This results in thin profit margins of less than 4% and thereby a struggle
to achieve breakeven.
Right from ticketing to aircraft maintenance,
the entire industry has multiple data collection points that more often than not, leads
to multiple isolated databases. The data redundancy and inefficiency aside, this also
poses certain data security risks.
While Aircraft Supply Chain is one of the key
use cases of blockchain in aviation industry, we believe that the industry as a whole
would benefit if the technology is used to co-create efficient solutions that will not
only have a positive impact on industry players but also the end consumers.
EXPLORE BLOCKCHAIN USE CASES
We established a Blockchain Centre of Excellence in 2016. Our team has continuously focused on using blockchain to tackle key challenges of industries like BFSI, Agriculture, Aviation and Governments.
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Aviation Supply Chain
Single Version of Truth for OEM, MRO, Aircraft, Airline & Aviation Authorities efficiently reducing operating costs & layover times.
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