Blockchain for aviation industry: Applications and used cases

Yadav, Janardan Krishna, Verma, Deepika Chandra, Jangirala, Srinivas, Srivastava, Shashi Kant and Aman, Muhammad Naveed (2022) Blockchain for aviation industry: Applications and used cases. In: 6th International conference on ICT for sustainable development (ICT4SD 2021), 5-6 August 2021, Goa, India.

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The aviation industry has remained at the forefront when it comes to technology adaptation and it seems the case for adaptation of blockchain technology. Blockchain technology has appeared as a landmark revolution in data encryption and storage. The distributed ledger system allows the hashes to be available with multiple nodes any time and tampering or modification creates a new hash hence makes it easy to confirm the authenticity of the data files and track the node where the changes happened. Blockchain technology promises a great future for digital data security for digital transactions be it informational or monetary. Industries that deal with information exchange between multiple stakeholders like aviation industry have found multiple applications of blockchain technology, the adaptations in the industry are advancing but still, there is a long way to go. In this chapter, we discuss various transaction situations in the aviation industry where the blockchain technology can be of use or have already been put to practice.

Item Type: Conference or Workshop Item (Paper)
Keywords: Blockchain | Smart contracts in aviation industry | Blockchain-based Aviation supply chain | Data security
Subjects: Social Sciences and humanities > Business, Management and Accounting > Industrial relations
Physical, Life and Health Sciences > Engineering and Technology
JGU School/Centre: Jindal Global Business School
Depositing User: Admin Library
Date Deposited: 22 Jan 2022 11:38
Last Modified: 04 Feb 2022 18:09
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