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aviation

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.

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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.

P2P Insurance Mutual

Bringing back insurance in a very cost efficient way by allowing individuals to form groups that can share risk at affordable costs.

Aviation Supply Chain

Single Version of Truth for OEM, MRO, Aircraft, Airline & Aviation Authorities efficiently reducing operating costs & layover times.

Subsidy Distribution

Public Distribution System with assured and accurate end utilization enabling transparency, Traceability & Standardization.

Crisis Fund Distribution

A global common ledger for raising, allocating & distributing aid, donations and grants during times of crisis.

P2P Energy Trading

Blockchain platform for P2P energy trading with turing complete solar panel meters and bidding system.

Invoice Discounting

A DLT solution for Banks, Manufacturers and their Vendors to majorly reduce processing timeframes.

Immutable Audit Trail

A DLT solution for moving ahead of RDMBS implementations to store Trail data on an immutable, trusted ledger.

Tokenized Fund Transfer

Domestic Fund Transfer on Blockchain for emerging markets to tackle Inclusion without last-mile bank branches.

Bank Reconciliation

A DLT solution for bank reconciliation eliminating an age-long of different statement formats of different banks.

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