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CIO Applications Weekly Brief

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  • Blockchain
Editor's Pick (1 - 4 of 8)
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A Closer Look at Block Chain Technology

A Closer Look at Block Chain Technology
John Shea, CIO, Eaton Vance

Don't Start With Blockchain

Don't Start With Blockchain
Eric Redmond, Director of Global Technology Innovation, Nike [NYSE: NKE]

Blockchain: the path forward

Blockchain: the path forward
Kyle Culver, Director, Emerging Technologies, Humana [Nyse: Hum]

Blockchain to Revolutionize the Financial Industry

Blockchain to Revolutionize the Financial Industry
Safwan Zaheer, Director, Financial Services Digital & Head of FinTech, KPMG US

Riding the Blockchain Wave: Challenges and Opportunities

Riding the Blockchain Wave: Challenges and Opportunities
Eric Piscini, Principal Global Blockchain Leader, Deloitte

Blockchain Community Leader, I am part of the Innovation & Digital Transformation team that runs innovation initiative for CACIB

Blockchain Community Leader, I am part of the Innovation & Digital...
Xavier Laurent, Blockchain Community Leader for Credit Agricole CIB

Blockchain: The Paradox

Blockchain: The Paradox
Sean Khozin, MD, MPH, Associate Director, FDA

Blockchain, the real benefit behind the technology

Blockchain, the real benefit behind the technology
Rebecca Hofmann, Manager of Innovation, Equinor Chairman, OOC Blockchain Consortium

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How Blockchain has changed the Outlook of Aviation

By CIO Applications| Thursday, May 23, 2019
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Blockchain Technology in aviation will open up new waves of possibilities like maintenance, transparency, flight data security, reduction in instances of flight overbooking, helping the industry to boost its productivity and accuracy levels. It is known for a fact that customers expect a comfortable, painless, and hassle-free travelling experience. The aviation industry focuses on revolutionizing the operations, right from ticket booking to check-in to onboard processes. The aviation industry has made revolutionary modifications related to in-flight services with the help of advancement in cutting-edge, incredible technologies. Passengers can book their flight tickets with the help of mobile-based apps from anywhere and anytime, which was not possible earlier. Now, even online check-in options through messaging platforms are available, which helps them to reserve their seats well beforehand. Passengers are provided with the benefit to connect and interact with flight members for ordering food and drinks according to their preferences.

VR in aviation is providing immersive experiences to customers, entertaining them, and improving their journey experience. The aviation industry has adopted smart and sophisticated technologies, like AI and IoT, to disrupt flight operations. Emerging as a technology that promises to bring in revolution and innovation in the airline industry blockchain has the potential to not only secure flight data and payment transactions, but also simplify flight functioning by introducing the additional elements of security, transparency, and reliability. Understanding blockchain fundamentals and explaining the current challenges faced by airlines needs the assistance of advanced and sophisticated technology like blockchain.

Blockchain presents excellent prospects for securing data. The airline industry can leverage this technology for their advantage. Security, baggage tracking, ticket overbooking, and document verification are some the aspects that can impact the aviation industry. The introduction of smart contracts automates paper-based airline operations. This allows the airport authority to take up other roles, which will be a result of increased productivity, accuracy, and efficiency. Blockchain in aviation offers many benefits and use cases for the industry. As a result, blockchain is the perfect technology that fits the aviation industry well.

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