The Use Of Blockchain In Aviation

In this day and age, the aviation industry is certainly one of the fastest growing industries of the 21^st Century. The emergence of blockchain technology has given rise to a new hype of technological innovation which certainly could add value to numerous aspects within the aviation industry itself. The use of blockchain in aviation could open up new opportunities in the sphere of transparency namely with regards to maintenance, flight data security and passenger information which will ultimately help in increasing efficiency and accuracy levels.

What is Blockchain?

Before assessing the potential benefits of blockchain in aviation one first needs to have a basic understanding of the technology itself. Blockchain can be defined as a distributed ledger that allows for information to be shared and recorded by a community. The system is secured by cryptographic validation techniques. One major characteristic of blockchain is that members on the network have a fully