Earlier this month Rolls Royce announced that Hong Kong-based Block Aero won its “Blockchain Innovation Challenge”. The engineering firm’s aviation division partnered with Singapore’s SIA Engineering in search of a blockchain solution for Singapore aircraft engine maintenance.
Block Aero will now be participating in a blockchain proof of concept with Rolls Royce. It will also receive a grant of up to SG$50,000 ($37,000) from Enterprise Singapore, another partner in the event.
Rolls Royce aircraft engines are used by some of the most popular commercial aircrafts such as the Boeing 787 and the Airbus A380. There are several stakeholders involved in the engine maintenance process, which might include an overhaul or modification to a parts replacement. Either way, an inspection is often required as well.
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