CAN BLOCKCHAIN BOOST AIR TRAVEL SECURITY - PowerPoint PPT Presentation
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CAN BLOCKCHAIN BOOST AIR TRAVEL SECURITY
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The Blockchain is one of the most significant technological revolutions of the present time. Despite having a recent origin and being at a stage of infancy, this technology has shown prospects to be the next big thing. From managing inventory to supply chain management to a financial transaction, Blockchain finds application in all niches. Well, our agenda of discussion in this blog is its use to boost air travel security. – PowerPoint PPT presentation
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Title: CAN BLOCKCHAIN BOOST AIR TRAVEL SECURITY
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Can Blockchain Boost Air Travel Security
- The Blockchain is one of the most significant
technological revolutions of the present time.
Despite having a recent origin and being at a
stage of infancy, this technology has shown
prospects to be the next big thing. From managing
inventory to supply chain management to a
financial transaction, Blockchain finds
application in all niches. Well, our agenda of
discussion in this blog is its use to boost air
travel security.
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- We all know that the air travel industry has a
lot of information and database. Thus, it becomes
crucial for the industry to adopt measures which
can ensure safety and security of this
information. From travel booking, immigration at
hotels, airports, etc. and many other databases
lies with the air travel industry which makes
data sharing an integral part of this industry.
Thus, they need to run through complicated data
reconciliation process between various systems to
ensure operations, security and facilitate the
successful departure of the traveler.
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- Each airline system has a mixed data which
facilitate travel. The successful functioning of
airlines is a result of coming together of a
multitude of systems and sharing the information.
Thus, to ensure a seamless flow of information,
it is important that every information related to
the traveler is easily accessible. Hence, we need
a system in place which can ensure this.
Blockchain, as we all know is a distributed
ledger which has all the information can work
wonders when it comes to air travel industry.
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- Lets have a quick look at how some of the
companies have proposed the idea of using
Blockchain Technology in the airline industry.
Since all the data in the Blockchain is immutable
and unalterable, it remains safe and secure. - Key features of Blockchain which make it a
perfect solution for boosting security in air
travel industry - 1) Decentralized systems
- 2) Distributed ledger
- 3) Leading to a safer and secure ecosystem by
providing tamper-free environment - 4) Immutability of the data
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- These key features of Blockchain make it an
indispensable tool to create a safe and secure
environment where data cannot be tampered or
altered. In any case, if there is any change in
the data it can be easily traced. Thats how
Blockchain proves to be a great way to ensure
security in air travel industry.
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Lufthansa introduces Blockchain for Airlines
Initiative (BC4A)
- Well, if you think that this is just a matter of
research for companies, then you must know that
Lufthansa, the German airline company has come up
with BC4A. BC4A means Blockchain for Airlines.
The objective of this project to see the
potential of Blockchain in the airline industry.
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How will Blockchain help in ensuring safety and
Security in air travel industry?
- By now it is clear that Blockchain finds
application in various industries and airlines is
one of them. The multitude of features which this
technology holds makes it inevitable for the
industry to use it. At the same time, its
immutability and distributed ledger system ensure
that the data is safe. The safety and security of
information is the key priority for every
industry. Lets see how Blockchain helps the air
travel industry
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Security-
- From the beginning of the blog, I have mentioned
about the safety and security of information.
Here we will see how Blockchain helps. We all
know that while travelling there are various
information which is shared with the airlines and
airports, right from the name to the preferences
and transactions details. The current system used
by the companies is safe but not 100 percent. To
ensure complete security and safety, it is
important to have a tool in hand which can
guarantee the safety of data. The Blockchain is
that tool. The security wrapper in Blockchain
creates a safe way to manage and share the
information. This sharing reduces secured access
and thus, reduces the probability of data
leakage.
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Luggages Custody- Change Tracking
- When it comes to enhancing the security in air
travel industry then, it not only about
information, it also includes the passenger
luggage. The luggage changes its custody during
the trip. It means that the luggage goes through
various ground handlers. When such things happen
then having a record of the change can help in
tracing the responsible person. As we all know
that Blockchain is a distributed ledger and since
the information is entered here, it will be
visible to everyone. Even the changes can be
easily traced. Introducing a Blockchain-based
solution for tracking the luggage can prove to be
useful to travel passengers luggage.
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Identity Management -
- It is yet another key aspect where Blockchain can
prove useful. Blockchain technology along with
biometrics technology can create a revolution in
identity management. Once validated on the
Blockchain, it would be difficult for anyone to
impersonate a person and thus reducing the
probability of fraud. - uPort4 is designing a system which allows the
user to create digital verification of
individuals on the Blockchain.
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Maintenance -
- Maintenance logs for the technicians in the air
industry is a cumbersome task. It is a tedious
job to enter every detail and tracing it back is
again a tedious task. However, with the
Blockchain Technology, you can create immutable
copies of every part of the plane, and it will
have all information, like when the part was
installed, when it was repaired, who handled it,
etc. Thus, making everything safe and secure and
also easily accessible.
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Loyalty -
- You would have often heard about loyalty points.
This is a big business in the airline industry.
In the traditional system, the customer had to
wait for the points to settle and then assure
them to use them. Using tokenization on loyalty
points the travellers can instantly get value by
redeeming them on the spot. - .
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Blockchain - a revolution in the airline industry
- Although many controversies are surrounding this
technology, the kind of proposition the
Blockchain Technology holds has itself made
popular. There are various airlines like
Lufthansa which are exploring the use of
Blockchain in ensuring the safety and security of
data and information. Blockchain with so many
features and its decentralized nature has made it
a source of new revolution in the airline
industry.
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Blockchain Council Certifications
- You can check out our certifications, and kick
start your career in the Blockchain space today. - Certified Blockchain Expert
- Certified Blockchain Expertv2
- Certified Blockchain Developer
- Certified Smart Contract Developer
- Certified Solidity Developer
- Certified Ethereum Developer
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