Air France KLM is investigating ways of using blockchain technology to improve its supply chain for replacement aircraft parts. The company has been working with the French government and other partners on a pilot project that will use blockchain in order to reduce costs associated with replacing parts used by Airbus A320 aircraft. And before we do that, blockchain cannot be applied on non-electronic data." Other airlines are also investing in the area, with Lufthansa having recently created its Blockchain for Aviation initiative to explore further uses of blockchain in the industry.
Air France KLM is investigating ways of using blockchain technology to improve its supply chain for replacement aircraft parts. The company has been working with the French government and other partners on a pilot project that will use blockchain in order to reduce costs associated with replacing parts used by Airbus A320 aircraft. Other airlines are also investing in the area, with Lufthansa having recently created its Blockchain for Aviation initiative to explore further uses of blockchain in the industry.