Accenture: most aerospace will adopt blockchain by 2021

According to Accenture’s research, 86 percent of aerospace or defense companies expect to adopt blockchain into their systems by 2021. Compared to other sectors, Aerospace ranked third out of 18 industries for blockchain plans. Fifty-seven percent of sector companies already use blockchain for product and usage data. Thirty industry executives responded to the survey.

Data veracity

One of the key findings was concern about the use of unreliable data. For example, 70 percent believe that they face corrupted insights as a result of the potential for falsified data. Another example is the 73 percent who base critical decisions on data, yet often the data is unverified. Finally, 73 percent believed automation creates new risks including fake data, data manipulation, and inherent bias.

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