Electronic Transactions for Aerospace Systems; An Overview
As digital transactions become ubiquitous in the aerospace world, it is critical that the boundaries of this effort are well defined. The ETA committee is taking on the challenge of developing guidelines for how such transactions will work. It is important to delineate the scope of these activities. This ARP defines the overall scope of the ETA committee, the various technologies that are involved, and how they can benefit the overall enterprise. It does it mainly through a series of use cases or worked examples that allow the reader to identify in a more practical way with the subject on hand.
Rationale: Digital systems are here to stay in the aerospace world. They are widespread yet not quite standardized. The ETA committee has been established to develop guidelines and standards that will help the industry use digital data technology in a rational manner. This "cornerstone" document outlines the activities of the ETA committee and makes sure that these activities are put in the right context of where the industry is headed with all this new technology. It deals with concepts such as data security, parts tracking, incidence data, etc. in the aerospace context; and in the process delineates how new technologies such as Blockchain can be useful in solving some key technical problems.