Dnata, IBM, pilot air blockchain

nRunaway Comment: The air transport industry is experimenting with blockchain to improve its supply chain tracking. The UAE, which has been very active in blockchain development, naturally will not miss this area, as local shipping company Dnata has announced that it has completed a proof of concept with a consortium such as IBM. The company’s executives underlined the success and necessity of the pilot, praising the technology’s role.n
nTranslation: Inan
Dnata, a provider of air and travel services in the Middle East, announced the completion of a proof-of-concept that aims to see the potential of the blockchain in the Dubai air cargo industry.n
Participants in the pilot project, including IBM, Emirates Innovation Lab and Flydubai Cargo, examined the potential of the blockchain to address various aspects of air cargo, including safety, operations and legal issues.n
This “successful” pilot was conducted on a jointly developed logistics platform that utilized blockchain for supply chain transactions to deliver from origin to final destination.n
Neetan Chopra, senior vice president of IT strategic services at Emirates Group, said blockchain technology and its potential are hard to understand or appreciate, saying:n
n”It is necessary to carry out such commercial experiments and experiments so that participants can experience the benefits of breakthrough technology in an on-site environment.”n
nPrior to this, SITA, an air transport IT company, has released a white paper detailing the use of smart contracts in the air transport industry. At the same time, Air France is also testing blockchain technology for supply chain tracking.n

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