How is Blockchain Changing Aviation?
A good example is the European Union Aviation Safety Agency’s (EASA) VIRTUA project, which ended in September 2024. This project looked at how blockchain could track aeroplane parts from the moment they’re made until they’re retired. This helps ensure that counterfeit parts don’t enter the system and that airlines can keep up with strict regulations.
GE Aviation is also exploring the benefits of blockchain. They’ve developed a system that logs every part of the engine and tracks where and how parts have been used. This helps sell used parts, speeds repairs and guarantees that only authentic parts make it into planes.
David Havera, GE Aviation’s blockchain expert, explained:
“Blockchain drives up to 50 percent higher residual value for used spares material, a faster resale process, easy portability and improved productivity for asset transfers.”
So far, it’s saved them millions of dollars and helped with major supply chain headaches.
Looking Ahead
Airlines are now exploring how they could use blockchain to securely store passenger information to make check-ins faster and safer. It might also help manage frequent flyer programmes or make tracking cargo more reliable.
There are some challenges, though. Blockchain systems need to handle huge amounts of data and work well with older technology already in place. Privacy is another issue, especially when dealing with personal passenger data. However early successes show that these problems can be solved.
For passengers, this technology could mean safer flights, fewer delays, and a smoother travel experience. It’s still early days, but blockchain has the potential to make flying simpler and more secure for everyone.