We developed a Software-as-a-service (SaaS) platform to facilitate aerospace certification, secured engineering and qualification data management as well as a parts authenticity fingerprinting system. It allows full data and physical components traceability around the whole product lifecycle based on our proprietary blockchain protocol called DCore.
Currently, the large supply chain in the aerospace industry and its global spread lacks transparency. The authenticity and security of data cannot be proven, the project status is hard to track, and audit takes a long time due to unsecured databases or paper records. Moreover, the authenticity of aircraft components cannot be proven leading to lower product safety.
Our solution is suitable for aircraft manufacturers as well as their suppliers. However, the usage of this SaaS solution is not limited only to the aerospace industry. It can be applicable to similarly regulated industries and it is also beneficial in authenticity and provenance proving in food or other goods, for a boost in supply chain transparency.
Technology Features, Specifications and Advantages
Leveraging features of blockchain technology such as immutability of data across the supply chain, increased data security, document authenticity and almost real-time transactions can bring about significant improvements. Main benefitis include automation of certification processes and project management, increased reliability of aircraft components track & trace, real-time project status tracking and traceability allowing immediate audit. These improvements have potential to decrease overhead costs and thus making the engineering and industrial process more efficient.
Elimination of unsecured databases and paper-based records will increase data security, and unique identification of aircraft components will prevent counterfeiting and enable tracking of flight hours more accurately, leading to increase of overall product safety. Storing all these data records on the blockchain will increase trust in whole ecosystem, and it will be beneficial for all segments of the supply chain. Our solution may be integrated with existing ERP systems. The ultimate advantage of our technology is that we offer an end-to-end solution through the entire journey from design of the aircraft part, through its manufacturing, in-service operation and maintenance.
- The primary industry of focus is aerospace
- Our solution can be used in similarly regulated industries such as defence, nuclear, automotive, etc. Our solution is also applicable in the food industry, focusing on authenticity and provenance, enabling increase in supply chain transparency. It is also applicable to any goods which origin is unique, and where process traceability is important
- The estimated market size is in the billions of Euro.
The benefits our solution brings to customers are increased data security, product safety, efficiency and lower costs. Moreover, process transparency leads to faster and therefore more affordable audit services. Increased transparency and traceability can bring about increased trust to the entire supply chain. Furthermore, customers can prove authenticity and provenance of their goods with our solution.
Customers may benefit from our blockchain-based SaaS solution in process automation, increased transparency, data security &immutability, traceability and efficiency in industrial environments of aerospace or other similar industries. Customers may also use our solution for food and goods provenance tracking and supply chain transparency.