Air New Zealand has trialed a blockchain system from aircraft-parts maker Moog. The solution supplied a 3D-printed replacement part for a flight from Auckland to Los Angeles, The Wall Street Journal (WSJ) reported yesterday.
Moog’s system uses a combination of blockchain and 3-D printing to expedite the parts replacement process and comply with aviation regulations by ensuring it’s an approved design.
“The idea is that I’m going to stock those parts digitally and turn them into physical goods when I need them,” said George Small, the CTO of Moog told the WSJ. The firm achieved $2.9 billion dollars in sales for 2019.