Boeing will join up with Texas-based SparkCognition for the project. Boeing has already invested USD 32 million, report says.
The concept is a blockchain-based aerial mobility programme which will allow unmanned airborne vehicles.
Boeing’s press release quotes, the partnership as one that “will also provide a standardized programming interface to support package delivery, industrial inspection, and other commercial applications”.
The project will ultimately focus on the creation of a tracking system for the unmanned vehicles and the allocation of flight corridors. SparkCognition CEO Amir Husain sees the aerospace industry reaching over USD 3 trillion with such developments suggesting,
“…the urban aerial mobility opportunity will lead to the creation of the largest new market in our (lifetimes)”.
Boeing has been joined by professional services firm Accenture at Farnborough Air Show in the UK, show this week in demonstrating a blockchain prototype tailored to aerospace and defense.
In another joint venture, Accenture and French multinational aerospace and defense systems provider Thales have developed a blockchain supply chain system tracking system for the aerospace industry. John Schmidt, global managing director for Accenture’s Aerospace and Defense practice commented:
“Blockchain technology offers a new, elegant and secure way for the industry to track and trace myriad components while deterring counterfeiting and improving maintenance capabilities.”
As part of the prototype system, the two companies have come up methods of tracking in addition to the basic “track and trace” system, whereby a “digital twin” is created post-delivery offering an extra confirmation of delivery and a useful additional source of reference for further supply chain projects under development.