Accenture and Thales is leveraging the blockchain in the aerospace industry

International consulting company Accenture and the French developer of solutions in the field of cybersecurity Thales will use the blockchain to protect and simplify the supply chain in the aerospace and defense industries.

According to partners, technology will demonstrate a new approach to eliminating counterfeit goods and enhancing transparency aerospace, transport, defence and security.

According to a press release, a joint decision will be based on a blockchain platform Hyperledger Fabric. While Thales will provide the PUF tool that will allow you to track, to detect and identify aircraft materials.

«The aerospace and defence industry has one of the most extensive and sophisticated in the world of supply chain, told the global managing Director of Accenture’s aerospace and defense practice John Schmidt. – The technology of the blockchain offers a safe way to keep track of the many components of this sector and improve the availability of service.»

According to Accenture, 86% of companies in the defence and aerospace industries plans to integrate the blockchain in their corporate systems by 2021.

This month, Accenture and Thales will present their project at the international air show Farnborough Airshow in the UK.

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