Aerospace giant Thales uses blockchain for new management system. The French multinational company that specialises in products and services for aerospace and defense industries, is using blockchain technology for a new management system at its production hub in Spain.
Thales is aiming to implement technologies such as blockchain and big data to enable the digital transformation of its defense- and aeronautics-focused production and maintenance centre, according to an official announcement on Nov. 5.
As part of the effort, the Paris-based company looks to comply with standards by the NATO and defense authorities by using blockchain to increase traceability of processes at the center. The announcement reads “To comply with NATO standards and those of the Ministries of Defense with which the company collaborates, blockchain will be used to ensure the traceability of all parts and products handled in the Production and Maintenance Center.”
According to the announcement, blockchain will be part of a new management system connecting with all the applications that are currently used on its network. The new platform is expected to efficiently connect all processes, improve communication with customers as well as maintenance operations.