People are finding lots of new ways to incorporate blockchain technology into aspects of life other than cryptocurrency.
The aviation industry is set to use the tech to help cut costs on plane maintenance. It will be mainly used to record information from several different parties while also allowing users to access a single record of information.
Engineers who may have never worked on the plane will know precisely the configuration, parts list, and usage data.
- Roughly 2 year timeline to adopt technology
- Accenture backing blockchain technology for the industry
- Technology should help streamline operations and save costs