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Blockchain Aviation- Know How Blockchain could bring transparency in Aviation

smritiarya31Jun 28, 2018, 12:35:12 PM
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Currently, it is not possible to check the maintenance score of an aircraft before booking a flight ticket. But imagine you have visited the website of a travel agency to book an air ticket, and it shows you the maintenance score or rank of every aircraft. Yes, it can come true with the help of blockchain. 

Blockchain in Aviation is one of the significant use-cases of the blockchain where the entire process of aviation can become seamless and transparent. But how would blockchain bring transparency and how different stakeholders can be benefited.

Read this post further to understand the entire blockchain aviation solution. 

Here's how Blockchain Aviation Solution could work:

Different Stakeholders who could be involved in this solution-

1. Customer- can check the rating and score of the aircraft while booking a ticket

2. Flight Auditor- tracks the maintenance history to process the investigation

3. MRO Service Provider- maintains, repairs, and operates the aircraft 

4. Buyer- buys the aircraft

5. Airline Companies- owns the different planes and manages the service records

6. Manufacturer- manufacturers the components of aircraft

7. Travel Agencies- updates the information about maintenance score for the customers

Every stakeholder in the network might have their different applications and roles. But the best part is that all these members could share a common network, i.e., blockchain.

Becuase the information saved on the aviation blockchain network would be distributed across all nodes, every participant of the network can seamlessly access any record at any point of the time. 

Stakeholders like MRO service providers can update the information related to component damage or breakdown on the blockchain. Unlike the existing time-consuming process, the auditors, manufacturers, and airline companies get notified so that the informed decisions could be taken quickly. 

With the help of smart contracts, the roles of different members of the network are assigned. For example, customer involved in the aviation process could only access the maintenance score, not the repair or manufacturing records of the aircraft. 

To understand the blockchain aviation solution in depth, it is better to consult a blockchain development company that is building the next-generation blockchain-based applications.