Blockchain facilitates secure and immutable monitoring of the location and status of passenger bags and cargo when these properties change ownership from the time of deposit.
FREMONT, CA: Until evaluating the potential benefits of blockchain in aviation, one must first have a basic understanding of the technology itself. Blockchain can be described as a distributed ledger that allows information to be exchanged and registered by a group. The system is protected by means of cryptographic validation techniques. One of the main advantages of the blockchain is that users of the network have a completely open view of the information stored therein. In order to add more details to the blockchain, a consensus must be reached between all users of the network. Recorded information can be any type of digital information such as digital properties, contracts or transactions.
What makes blockchain revolutionary is that all transactions can be viewed across the entire network, allowing participants to see the history of any transaction that has ever been documented on the network. Cryptographic algorithms verify how transactions are compressed into blocks and how blocks are applied to the network by consensus, which also guarantees the transparency and immutability of the network. As such, the blockchain enables a reliable middleman to be replaced by a mathematical algorithm, which is based on the system's cryptography.
Potential use cases of Blockchain in aviation
As blockchain technology offers great opportunities to protect and manage data, the airline industry can soon consider using blockchain to its advantage. Below are a variety of ways in which blockchain can be made useful in the field of aviation.
Tracking of Baggage and Cargo
Blockchain facilitates secure and immutable monitoring of the location and status of passenger bags and cargo when these properties change ownership from the time of deposit. As such, blockchain can help boost accountability and visibility by allowing authorities and passengers to accurately locate their luggage across the value chain at all times.
Verification of identity
The use of blockchain will increase the efficacy of verifying the identity of passengers. Passenger information such as biometric data, necessary documents and tickets can be stored on the blockchain network. Passengers might easily reach the airport through a verification code, which would put an end to the queuing issue for a long time for document verification.
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