Pwc cn: blockchain can cut global aircraft maintenance costs by $ 3.5 billion

According to Verdict, the major partner alliance of the aircraft maintenance (MRO) industry, launched today, known as the MRO Blockchain Alliance, will explore whether the blockchain can be used to track, track and record aircraft parts. PricewaterhouseCoopers (PwC) said that blockchain can reduce MRO costs worldwide by $ 3.5 billion, accounting for about 5% of total costs, and increase the aerospace industry's revenue by up to 4%, or $ 40 billion.