Although Blockchain has been largely connected with Cryptocurrencies, conceptually it has led to another Data Revolution of its own. Thanks to the amalgamation of cloud computing, faster data transfer rates through storage and network mechanisms, and better data accessibility, blockchain has had a remarkable impact on industries across the globe. Almost every data-intensive process that requires the MRO to keep track of hundreds of thousands of parameters, has benefited from the research in blockchain technology. Here are some of the ways blockchain will help to transform the aircraft maintenance jobs for airline companies:

1. Better MROs drives for A, B, C, 3C and D checks

Airline companies are obligated to host health checks of various types; A, B, C, 3C and D checks of varying complexity. Though their duration between each categorical check for MRO varies, the sheer number of parameters that need to be calculated is immense. Recording, maintaining and recalling these checks is nearly impossible, if done manually/through the paperwork. The blockchain data helps to organize the information stored and processed and eases the entire maintenance line-balancing.

2. Safer, secure, private - preventing hacks/privacy violations

The data stored on the servers are almost always highly sensitive in nature. Confidentiality is necessary to ensure the safety of the passengers, and maintaining security is difficult for organizations that need to host all of this information. The blockchain data ensures that the servers hosting secret information stays out of public hands and protect them from hacking/cyber-attacks. Since blockchain data is sent in packets with encryption that can survive brunt-force attacks, this technology can prevent privacy violations and serious cyber-accidents

3. Savings - Reduction in server costs due to decentralization

Blockchain technology is an absolute wonder from the monetary aspect of server-side management of the airline industry. The servers that host, process and retrieve data need to be up and running, 24/7, throughout the years. Any downtime might cause thousands of dollars of loss in revenue, excluding errors/issues and delays. Adopting blockchain data for servers will reduce downtimes due to the ability to host decentralized data storage that enables companies to hold backups that can/will be used during server downtimes.

4. Accurate ledgers, reduced mistakes in cost calculations of MRO

The ledgers that store the records of the costs/manpower/manhours and material costs of Maintenance, Repair and Overhaul need to be accurate. Since the budget of such operations is too high, the smallest of errors can cause huge financial implications/problems for companies as well as individuals. One of the biggest benefits of blockchain data is the ability to support ‘Hyperledgers’ that are fast, highly responsive, accurate, and adaptive to multiple platforms.

Conclusion

Thus, organizations in the MRO sector of the airline industry can benefit from adopting new-age technologies like Blockchain. The obvious benefits far surpass the difficulties faced during the design, development, and implementation stages of Blockchain data. The shift from traditional pen-paper-based records of aircraft maintenance to blockchain tech will also enhance the effectiveness of repairs. RayMach Technologies aims to assist organizations within the airline industry to seek better prospects through leveraging our expertise for the efficient implementation of blockchain infrastructure. To learn more about adopting blockchain for your company’s aircraft maintenance, Contact Us for Best Aviation Maintenance Software in India | Raymach Technologies