Blockchain as a technology has been successfully deployed in the financial industry. As the technology continues to mature, there are opportunities to use this to solve operational challenges in Aerospace. One of the common use cases is replacing paper records as a proof of compliance with a blockchain enabled distributed ledger.Commonly available open source blockchain frameworks have security ingrained in the components. However, replacing paper records with a blockchain based distributed ledger will require investigation of potential risks involved in the end to end usage of this technology for records management.The objective of this paper is to elucidate potential risks in an aviation record management workflow environment enabled by blockchain and suggest requirements to mitigate the risks.In addition requirements for Blockchain based systems will be proposed, which will guarantee minimum functional requirements like The potential gaps are understood using an illustrative end to end blockchain based process along with their conceptual high level intermediate steps. For example:
Risk Analysis of Blockchain Application for Aerospace Records Management
Sae Technical Papers
AeroTech Americas ; 2019
2019-03-19
Conference paper
English
Risk Analysis of Blockchain Application for Aerospace Records Management
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