The Infosys Aerospace and Defense practice uses blockchain to help stakeholders access, trace and authenticate transactions. Our design thinking approach accelerates identification and prototyping of blockchain solutions. Use cases for the distributed ledger technology range from selecting original components and improving maintenance capabilities to fraud prevention and audit of transactions across multi-tier supply chains.
Infosys leverages blockchain as a foundational technology for traceability and visibility of transactions. Blockchain connects the dots between people, processes, parts, partners, applications, services, and intellectual property. It enhances enterprise efficiency while minimizing rework across design, manufacturing, maintenance, and repair.
Our pre-built blockchain platform ensures interoperability across the network, standardizes data exchange, and addresses the security and privacy constraints of shared data. Real-time visibility and control of transactions facilitates warranty management and ensures compliance with directives for airworthiness as well as aviation safety regulations. Significantly, the blockchain realigns business processes and mitigates revenue leakage.
Smart contracts track usage patterns and consumption of aircraft parts, and trace the history of supply chain transactions. The data helps remediate quality issues with the original supplier in case of subassemblies and subcontracts. Further, timely insights into inventory requirements improve forecasting, which in turn, reduces the risks of obsolescence, stockout, and excess stock.