Aircraft × blockchain

Aircraft × blockchain

Improving the safety of unmanned aircraft systems In November 2018, Boeing, one of the world’s largest aerospace companies, and AI company SparkCognition announced plans to launch SkyGrid. SkyGrid provides a platform that enables secure traffic management for unmanned aerial systems by leverag […]

Improving the safety of unmanned aircraft systems

In November 2018, Boeing, one of the world’s largest aerospace companies, and AI company SparkCognition announced plans to launch SkyGrid.
SkyGrid provides a platform that enables secure traffic management for unmanned aerial systems by leveraging blockchain, AI, data analytics and cybersecurity capabilities.
“Real-time routing based on AI” and “Accumulation of tamper-resistant data based on blockchain” are used to enable secure traffic management.

Operation of the managed node

Boeing will be running a managed node for a project called Hedera Hashgraph.
Hedera Hashgraph is a public implementation of Hashgraph, a consensus protocol that is fast, fair, and secure.

 

Smart contract refueling

S7 Airlines and Gazpromneft-Aero will be the first in Russia to use blockchain-based smart contracts to refuel aircraft.
This allows airlines to settle payments more quickly and minimize financial risk associated with transactions, since no prepayments or bank guarantees are required.
When the pilot requests fuel from the operator during refueling, the amount is sent online to the bank. It will be checked immediately and refueling will start. When the supply is completed, the payment will be made and the accounting documents will be exchanged. This process takes only 60 seconds.
All work is rigorously executed based on smart contracts, increasing accounting transparency.

 

Traceability of aircraft parts

The Linux Foundation reports that Honeywell has joined Hyperledger. Honeywell offers advanced technologies as well as components for aircraft. Honeywell has announced the use of blockchains for aircraft spare parts.
Honeywell has launched an e-commerce platform for aircraft parts called GoDirect Trade. The ability of blockchain to store a history of components and their certificates is also attractive in the aviation industry.

Airline Services x Blockchain

reduction in brokerage fees

In October 2018, Air France-KLM, one of the world’s top 5 airlines, partnered with the block chain firm Winding Tree. By reducing the mediation of the travel business, we aim to offer more profitable travel to customers and suppliers.
The company issues its own token “Winding Tree (LIF)” to be used for transactions between airlines and hotels and travel agents to directly bridge them. Winding Tree’s services use smart contracts to manage hotel vacancies, airplane tickets, and more.

 

digitization of airline miles

In February 2018, Singapore Airlines announced a partnership with KPMG and Microsoft to introduce the world’s first blockchain-based digital wallet app for airline mileage programs. Its name is “KrisPay”.

KrisPay allows its members to instantly convert miles into KrisPay tokens, which can be used at participating stores. In addition, the implementation of the smartphone application enables the use of the wallet, thus improving the usability of mileage usage by members.

Singapore Airlines has officially launched its “KrisPay” digital wallet app. KrisPay partners can pay for everything from airport cafes and bars to fashion and Lego.

 

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