News

Revolutionising aerospace component security: A new paradigm in global supply chain integrity

By

Des Ledger

on

Feb 20, 2024

The landing gear of a airforce jet sitting on a wet runway.

News

Revolutionising aerospace component security: A new paradigm in global supply chain integrity

By

Des Ledger

on

Feb 20, 2024

The landing gear of a airforce jet sitting on a wet runway.
The landing gear of a airforce jet sitting on a wet runway.

In an era marked by ongoing global uncertainties and disruptions – be that Brexit, the COVID-19 pandemic, to geopolitical events like the war in Ukraine and the Israel-Hamas conflict, along with Yemen’s Houthi rebels’ attacks – industries like Aerospace are being forced to confront significant challenges in maintaining component security and provenance.

These crises have not only intensified international tensions but have also severely impacted supply chains, underscoring the critical need for dependable and secure freight solutions.

In response, our company has launched a comprehensive solution aimed at overcoming these obstacles for importers and exporters, ensuring the smooth operation of supply chains even in the face of global volatility.

Our approach was forged from the need to maintain the integrity of the UK customs territory, crucial in the post-Brexit landscape where trade between Great Britain and Northern Ireland had become fraught with difficulties. By enabling governments to monitor goods movements strictly within the customs territory, we provided a layer of confidence that simplified trade and relieved burdens from traders.

Compliance with regulations is a cornerstone of our solution. Before companies are integrated into any trusted trader network, they undergo rigorous assessments by experienced trade and customs consultants. This ensures full compliance with the requirements of the border forces, customs, and food and agriculture departments, among others.

At the heart of our system is a distributed ledger, which enables proof of origin, authentication of manufacturing processes, verification of materials, and immutable traceability. This digital backbone creates a repository of trusted, independently verifiable data, eliminating the need for manual checks at ports of entry and exit.

We enhance security through GPS-enabled smart seals and telematics, providing multifactor authentication and ensuring the integrity of goods in transit. These smart seals allow for the locking and unlocking of trailers to named individuals at predefined locations, with every interaction logged for enhanced accountability.

Our proprietary paVe platform offers a single view of every journey, making goods manifest and certification documents readily available. This not only strengthens the provenance within the supply chain but also aids in reducing or completely eliminating the need for customs checks. In the age of ‘just in time’ supply chains, our solution offers businesses and governments unprecedented visibility into global logistics, a need that the COVID-19 pandemic starkly highlighted.

Our real-time GPS tracking enables dynamic management of goods in transit. Businesses can adjust their operations in response to incidents, minimising potential delays at borders or ports. This level of agility and foresight is critical in today’s volatile global environment, ensuring that the aerospace industry and beyond can maintain operational continuity and integrity in the face of any challenge.

As we navigate through these turbulent times, the need for secure, transparent, and efficient supply chain solutions has never been more critical. Our innovative approach not only addresses current challenges but also anticipates future disruptions, ensuring that industries reliant on complex supply chains, like aerospace, can thrive in an ever-changing world.

Des Ledger

Editorial

Des Ledger, our head of editorial, is an experienced writer and communicator with a deep understanding of blockchain technology. He specializes in breaking down complex concepts into clear, accessible content, ensuring our audience stays informed and engaged. Des is dedicated to keeping the ubloquity news site up-to-date, providing valuable insights and updates on the latest developments in blockchain authentication, traceability, and supply chain trust.