The European Union Aviation Safety Agency (EASA) is starting a project to explore using blockchain to manage approved aircraft parts and components. The VIRTUA project involves blockchain startup SkyThread and FPT Software developing the solution in conjunction with International Air Transport Association (IATA) and PwC France.
VIRTUA will explore the various blockchain technologies as well as use cases for managing aircraft parts. If successful there could be changes to EU safety regulations and standards.
Aircraft parts is one of those blockchain use cases that is already widely used and hence not discussed that much any more.
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