Honeywell uses blockchain to digitize part lineage data to create new efficiencies in aviation - News

    For decades, aerospace companies and their customers have been plagued by cumbersome documentation processes and storage mechanisms. Honeywell is addressing these issues by fully integrating aircraft record generation into its digital blockchain ledger. This provides Honeywell's customers with an easy way to retrieve scattered data through simple user interface searches, creating a level of speed and efficiency never seen before in the aviation industry. Honeywell's blockchain is a secure, decentralized database that is jointly provided by all of its authorized users. Each authorized user has a copy of the database and updates their Values in real time. Now, instead of just storing PDF documents or references to aircraft digital records, Honeywell stores actual tabular data "in a chain." This data is used to reconstruct aircraft records that can be accessed by the customer, and in the event of a missing document, the customer simply enters the part number and serial number, and the user interface retrieves the data from the blockchain and "reconstructs" the lost document. Adding data to the blockchain ledger does not replace the regulator's current documentation requirements, but can complement it more effectively.

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