Blockchain implementation in the Aviation sector comes with decentralization, transparency, traceability, immutability, and security. Some examples are tokenized ticketing, smart contracts, real-time data recording, storage, etc. Blockchain technology helps airlines to enhance operational efficiency, save expenses, minimize errors, and strengthen security.
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Blockchain technology has moved beyond blockchain applications to include areas such as healthcare, government services, banking, and Internet of Things (IoT) applications. It's opened up new avenues for more efficiently handling transactions.But is Blockchain safe? The technology allows businesses to operate at a high level of productivity while posing the least amount of risk.