Role of Blockchain technology in the Aviation industry and how it improves the efficiency
- 26-Feb, 2022
- Category :Blockchain
The aviation industry is an amalgamation of multiple subsectors working in tandem to provide a smooth air-travel experience for its customers. Although these subsectors are distinct from each other, they need to function simultaneously to achieve their objectives synchronously. The top-level management has to ensure that the targets and milestones for each and every objective are met. This is cumbersome and painstaking for individuals, as well as their respective teams. RayMach’s newest revolutionary software - ‘CrewMach’ can change the game, and enhance the efficiency of the entire process. Learn more about how CrewMach leverages the power of Blockchain Data for the airline organizations here:
Aircraft’s A, B, C, and D checks are classified depending on the type of aircraft, the flight hours, the flight cycle gap between two consecutive checks, and the man-hours required to perform them. While A checks and B checks overlap, they’re considered lighter checks compared to heavy overhaul C and D checks. Blockchain data can speed-up this system, as it becomes easier to monitor them. For eg. A-1 to A-10 check effectively completes the B check, while C check may require upto 6000 man-hours.
The “MRO drives” hosted by companies that are responsible for reparation and restoration, are often at locations that have huge hangars as maintenance bases. These MRO drives require a large space, and often necessitate the fact that aircraft stays out of service for a specific duration. This costs huge sums of money that must be kept under a scrutinous check by the company that owns and repairs these aircrafts. Blockchain data can serve as safe, secure and accurate ledgers that contain information about transactions related to MRO.
Due to the presence of over-the-top expensive and high-value assets within the assembly/maintenance line, it becomes essential to keep a record of their transfers/transmission across various owners. Blockchain data enables users and organizations to maintain the chronology of ownership effectively. The time/energy saved in this can be utilized for other purposes, thus making the processes faster and smoother.
In terms of the legalities of these high-value assets and their maintenance, blockchain plays a huge role in streamlining the documentation, management, and deployment. Even smart contracts: programs that are executed only when certain pre-requisite conditions are met, need blockchain data. Both of these features benefit the aviation industry by improving the efficiency, speed of repairs and inducing faster revival of defunct aircrafts. The digital IDs ensure that the entire supply chain is linked to the organization’s database, thus enabling authenticity and legitimacy of the contracts. This also helps to obtain the security certificates faster, and with a lot less hassle, which is an essential requirement for all airline organizations.
RayMach Technologies, as a provider of top-notch IT services and server infrastructure for airline companies, is currently leveraging the power of blockchain data, This ensures a smoother transition for airline companies to deploy new-age technologies, by adopting blockchain data for their sub-processes. To learn more about the updates within the Aviation Industry, visit RayMach.in. We continue to offer insights about this novel domain, while enabling organizations to implement complex technologies for enhancing efficiency and saving valuable time of managers, crew, and customers.