GI Aerospace is a San Francisco Company, developing a blockchain solution to trace aircraft parts. According to Hadi Mohamed Shakir, the CTO at GI, TARA is preparing to release an early-adopting version probably in the Q1 of 2019.
“We’re one of the first companies in the world to actively bring blockchain technology combined with standard procedural software that makes it real for the aviation industry,” Shakir explains.
The CTO at GI believes that there is much hype regarding blockchain. However, TARA proves to be a real-world instance of implementation in the aircraft records sector. Moreover, this will be an enhancing innovation to drive in mutual blockchain integration. Meanwhile, this solution will ensure data integrity and safety.
TARA Blockchain Project
TARA is basically a platform which maintains an electronic record of entire lifecycle data on component assets and aircraft. It focuses to dedicate airworthiness and manage records further. Moreover, for the purpose of data integrity, the platform will use blockchain along with digital signatures.
The platform will operate on digital signature which holds a public key infrastructure incorporating cryptographic hardware tokens. This will help track the actions taking place within a particular record. TARA will also work on an electronic workflow system.
Basically, this will route documents and tasks to applicable business units. Moreover, it is said to acquire legacy records in digitizing paper records or digital format for continuity of records. Further, this project will tackle records of structural damages and repairs in 3D as well as 2D models.
Customers have access to upload models for their assets. Lastly, TARA will avail analysis of data and its workflows. Likewise, the process can be improved. Though, it will be a private distributive ledger. Meaning, this will be only visible to the authenticate members. Details and data will transfer to members authentic for specific data.
“Operators can pick and choose which asset or type of data to share with external organizations,” Shakir explains.
Let’s take an instance; Lessors can only access assets they lease to an airline, not all of them. A signature data hash will be previously open to the blockchain ledger for every member. This will serve as evidence for audit purposes and of data records.
However, blockchain enables data integrity monitoring by making any modifications to data, even by system managers, evident to all stakeholders, even while data itself is kept private.
The CTO believes TARA to get complete coverage by MROs, aircraft operators, lessors, asset managers, and regulators. He states that this project will allow easy integration along with multiple apps with an open web API. Their digital signatures will depend on a digital certificate module which implements X.509 public key infrastructure standards. Currently, GI is not actively rolling out to any potential clients until the beta release accomplishes.
There are a few interested parties in the industry to whom we’ve demonstrated the early versions of our product and who will experience it once ready.
Want stories similar to this in your inbox? You can sign up for the daily Coinpedia newsletter.