IRVINE, Calif., September 28, 2022 /PRNewswire/ — SkyThread has introduced SkyThread for Parts, a SaaS blockchain solution that captures and tracks all aircraft parts events, both on and off aircraft, from manufacturing to retirement.
Major launch customers include international airlines, airline-owned and independent MROs, as well as Tier 1 OEMs and their component repair stations.
“SkyThread for Parts uses the SkyThread Blockchain data network, which enables seamless sharing of data between stakeholders in complex ecosystems with consensus-based data governance and automated data validation,” said Marc Roboffco-founder and CEO of SkyThread.
SkyThread for Parts breaks down the trust barriers that have prevented effective data sharing among commercial aviation stakeholders.
“SkyThread does not replace legacy computer systems used by airlines, MROs and OEMs, but rather works in cooperation with them,” Roboff said.
“SkyThread for Parts solves the inefficiencies, waste and delays that plague commercial aviation, largely due to the challenges of manually sharing parts history data between siled systems,” continued Roboff. “Additionally, SkyThread for Parts enables the industry to transform reliability analysis, moving to tracking actual cycles and hours for all serialized parts.”
SkyThread for Parts unlocks substantial efficiencies and cash benefits for all aviation stakeholders by providing essential visibility into the aviation supply chain through SkyThread’s unified source of truth.
For more information on SkyThread for Parts, contact [email protected].
About SkyThread
SkyThread is a blockchain-enabled data network provider that aims to empower commercial aviation players to unlock more $30 billion in value by rapidly accelerating error-free data exchange between participants.
SOURCESkyThread Corporation