Tag: Blockchain Technology

How Might Blockchain Be Used To Manage Aircraft Assets?

Reading Time: 3 minutes “Blockchain is one of the most discussed and intriguing technologies out there today,” observes Bas de Vos, director of IFS Labs at IFS. “It is a huge, global distributed ledger or database running on many devices and open to anyone within the blockchain. Its purpose is to ensure a 100% secure, verifiable and traceable database […]

How Blockchain Technology Can Improve the Airline Industry

Reading Time: 2 minutes The airline industry – a data intensive industry with complex procedures and requirements – has much to gain from blockchain technology, an analysis from consulting firm Accenture reveals. Using cryptographic techniques and a distributed messaging protocol, a blockchain provides shared ledgers that decentralize reconciliation-based processes. Blockchain technologies differ from traditional technologies in that they are […]