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Unmanned Aircraft Systems (UAS) have been growing over the past few years and will continue to grow at a faster pace in future. ...Unmanned Aircraft Systems (UAS) have been growing over the past few years and will continue to grow at a faster pace in future. UAS faces many challenges in certification, airspace management, operations, supply chain, and maintenance. ...Hence it is essential to study on how blockchain can help UAS. G-31 technical committee of SAE International responsible for electronic transactions for aerospace has published AIR 7356 [1] entitled Opportunities, Challenges and Requirements for use of Blockchain in Unmanned Aircraft Systems Operating below 400ft above ground level for Commercial Use.