These are very few challenges that aerospace and defense companies are handle in industries characterized naturally by complex products, in-depth supply chains, and markets over decades with many, often shifting, participants. Significant investment, effort, and technology have produced tremendous progress in this area, but the continued need for industry growth and efficiency demanded more. Aerospace and defense company invests in digital technology to support this goal, a new emerging technology is getting attention: BLOCKCHAIN.
Blockchain is the unchanged record of transactions that retains and records data in a way that allows multiple stakeholders to share access to the same data and information with confidence and security.
Blockchain’s origins in facilitating accurate, auditable, and safe record keeping across a diverse pool of investors are well-translated to aerospace and defense, an industry with a variety of participants, who need reliable and highly audible records and security. While technology blockchain and standards are still mature, aerospace and defense companies have a unique opportunity to prove the value of a blockchain business systematically and set its place with other technologies in their digital strategy. The opportunities are directly tied to the aerospace and defense industry structures.
Aerospace and defense companies are already using various technologies is aimed at addressing the complexity of operations and products. This investment helps them improve visibility and efficiency within the organization and among them major supply chain partners. But space and defense the company’s challenges in managing their enterprise extension beyond one supplier, to introduce and deliver new value-added services in the market afterwards, and to do so at the same time managing costs, testing existing technology.
Feel free to contact E-SPIN for the various technology solution that can facilitate your aerospace and defense (A&D) digital transformation, include blockchain infrastructure, system and security monitoring and protection.