fbpx
Blockchain

Airbus And Rolls-Royce Establishing Blockchain Solutions To Their Operations

Due to the safe and transparent nature of Blockchain Technology now every industry is working to adopt the technology for their core operations. Even the aerospace industry has realized the importance of Blockchain technology to enhance the process of monitoring safety and productivity, and improve the transparency and tracking of the supply chain.

According to a survey conducted by an international news agency, Reuters that two giants in aerospace industry Airbus and engine manufacturer Rolls-Royce have started a whole new department on Blockchain technology in their organizations and recruit Blockchain experts to apply technology for the improvement in operations.

All the major airlines and air traffic control systems in the busiest airports in the world are rapidly switching over to blockchain solutions and automate the most complex operations and reduce the manual effort.

Meanwhile, in the first week of May, automakers such as BMW, Ford, General Motors, Renault, alongside with partners from the blockchain and other industries launched the Mobility Open Blockchain Initiative (MOBI), which aims to explore blockchain in order to make transportation safer, more affordable, and more widely accessible.

Tags

Muhmmad Furqan

Furqan is a financial markets expert. A regular trader of cryptocurrencies and hold some investments in Bitcoin, Stellar, IOTA and OST. Contributes with latest industry insights. Contact the editor at editor.opinions@blockpublisher.com

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Close