How is Blockchain Technology Disrupting Aviation
Blockchain technology is fast disrupting the aviation industry, and at the rate at which things are moving, it seems like aviation is all set to get revolutionized.
Aviation has always been a fast-evolving industry, and with the introduction of blockchain in the said sector off late, airline sector has further advanced to greater heights. But, there still exists a few drawbacks, and hence, the scope of technological improvement is vast. One vital area to improve on to is data collection and effective analysis of the same on flights.
However, the data is collected on a plane through deployment of more than forty IT systems, with each stored in varied locations. But there exists no central database leveraging which the whole flight system can be handled at once. The said infrastructure of data collection (decentralized) does not provide for effective management, and there is also much cost that gets incurred on the maintenance of multiple data-synthesis systems.
Blockchain certifications are fast gaining traction among technology graduates across the globe, given the increasing demand for skilled blockchain experts across industry sectors, and not just in the aviation sector.
How is Blockchain Benefiting the Aviation Sector?
The application of blockchain technology in the aviation sector can help better a number of sub-sectors in the said industry domain. For instance, when an airplane is repaired or serviced, a plethora of systems capture the physical and working condition of the newly installed components, but more than often, such data does not conform to 100% accuracy.
When blockchain tech is applied to the information-storage system in the plane, it will empower the system to capture the snapshot every single time an airplane part or accessory gets repaired or replaced. Further, with deployment of blockchain, the details of critical components of airplane can be captured with much ease, such as credentials of technician, assembler, and manufacturer. With access to such minute details, a real-time copy of the component can be developed that can be closely monitored to recognize the condition of the system comprehensively.
The deployability of blockchain is not limited to the new parts that get fitted to the plane as replacement or repair, but it will also help capture details of all the airplane parts, thereby contributing effectively to the overall monitoring of the IT system on the plane.
In What Different Ways Blockchain is Helping Aviation Evolve?
When deployed at a large scale, blockchain technology can help airline industry in a number of ways stated below:
Considerable reduction in the cost of maintenance of airplanes, and also, blockchain deployment will result in much reduced downtime because of planned and timely maintenance.
The monetary value of the plane will increase in the second-hand market because of the availability of real-time snapshot of the overall airplane system which can be shared with the new buyer instantaneously.
With assistance from the blockchain industry, the productivity of workers in the manufacturing and maintenance divisions will improve significantly because of better controlled and much efficient working of the entire IT infrastructure on the airplane.
Areas in the Aviation Sector Exploiting Blockchain Optimally
There are predominantly two areas wherein blockchain technology is offering maximum benefits to the airline industry. These are:
- Aircraft maintenance
- Workforce management
Maintenance: Application of blockchain offers significant advantages to the maintenance division of the aviation sector. The major benefits comprise - less time spent by technicians on routine inspection and maintenance, and elimination of spare parts duplicacy.
Workforce Management: Each year, aviation sector adds thousands of individuals to its workforce, keeping a record of which, is still manageable, but, verification of personnel and their educational credentials is still a big headache for a number of airline companies. Blockchain can come as a big rescue to all such aviation firms.
Hope the article has shed some light on the expanding horizons of blockchain tech in the aviation sector. Blockchain Expert must have found some valuable insights relating to the said disruptive tech and its widespread adoption and applicability worldwide.
About the author
I am Nicholas, a freelance writer, and a professional blogger, who enjoys enlightening others about unknown and little-known facts. I love to write on all general and professional topics.