U.S.-based aircraft parts maker Moog Inc. disclosed that has been running a trial that combines blockchain technology with 3D printing to print aircraft parts that will shorten the wait time for customers ordering plane components.
Moog has developed a digital solution to cater to customers ordering aircraft parts by combining blockchain technology with 3D printing methods, according to the Wall Street Journal.
George Small, Chief Technology Officer at Moog, said this new process could enhance the overall efficiency of the company’s production.
“The idea is that I’m going to stock those parts digitally and turn them into physical goods when I need them,” Small said. “It is, in the end, just trying to identify what all the inefficiencies are in the existing supply chains and then offer opportunities for improvement.”
Moreover, the distributed ledger technology will save costs and eliminate the need for paper documents.
“I need something that replaces the paper trail, but in a way that still supports this digital model and being able to print parts on demand,” he added.
Earlier this year, Moog partnered with Air New Zealand to test the new system that lets airlines order aircraft parts while it is flying, with Moog ensuring that the part would be ready for installation when the plane lands.
During the trial, Air New Zealand ordered a part from Moog’s blockchain platform VeriPart while the plane was flying from Auckland to Los Angeles. After the order was verified on Moog’s blockchain, the part was printed on a 3D printer in Los Angeles, then delivered to be installed at the airport where the plane landed.
Source: https://www.wsj.com
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