For an aerospace and defense industry that relies on complex global supply chains and securing sensitive information, distributed ledger, also known as “blockchain,” technology offers solutions.
Blockchain is revolutionizing business at a pace that will not allow industries to wait and see what happens. To keep up, A&D organizations must educate themselves and assess blockchain’s impacts to determine its value. Consortiums are forming and attempting to gain agreement on industry use cases.
This paper highlights the benefits of block chain for use cases, the need and value of establishing a ‘mini mum viable ecosystem’ (MVE), how to scale the MVE , and actionable next steps to adoption.