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Technical Paper

Risk Analysis of Blockchain Application for Aerospace Records Management

2019-03-19
2019-01-1344
Blockchain as a technology has been successfully deployed in the financial industry. As the technology continues to mature, there are opportunities to use this to solve operational challenges in Aerospace. One of the common use cases is replacing paper records as a proof of compliance with a blockchain enabled distributed ledger. Commonly available open source blockchain frameworks have security ingrained in the components. However, replacing paper records with a blockchain based distributed ledger will require investigation of potential risks involved in the end to end usage of this technology for records management. The objective of this paper is to elucidate potential risks in an aviation record management workflow environment enabled by blockchain and suggest requirements to mitigate the risks.
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