With the growth of aviation domain across the world, there has been steep demand in aircrafts. In this domain, avionic machines and hardware are shipped to single assembly hubs, located globally. All parts come with certain life expectancy, specific requirements and inevitable need for maintenance. In this paper, we will take an industrial scenario of aviation’s industries’ supply chain management, and demonstrate the necessitation of having decentralized system like Blockchain, not only assisting to maintain inventory of the aircraft’s individual segments but also to monitor the performance, usage, etc. This will help to achieve a transparent network of aircraft’s part’s supply and will reduce the risk of availability of aircraft segments in black market and will help the analysts to analyze the supply, demands, source of availability of aviation parts and method to procure them from the right sources.
Madhwal, Yash and Panfilov, Peter B., "Industrial Case: Blockchain on Aircraft’s Parts Supply Chain Management" (2017). American Conference on Information Systems 2017 Workshop on Smart Manufacturing Proceedings. 6.