A client who is working with high-profile aviation companies approached us to unite their asset data on the intelligent blockchain network.
The earlier traditional method that was used to manage and transact the assets, involved paper-based and fragmented approach, which was inefficient. After a proper discussion and analysis of the problem, we decided to leverage the potential of AI in asset management to come to a solution. We aimed to develop an AI-based Assets management solution, to digitize the global aerospace supply chain and create digital passports for each asset.
An open source asset management software is developed by the team to break the barriers caused by the manual paper-based process and make the task easy and comfortable for the industry.
We took the ride to develop the digital Asset management software to overcome the following hurdles in the path.
With the help of our system, users can create a permanent digital passport by committing their asset profiles to the blockchain with a single click. Users can also share their profiles with the collaborators in order to develop and maintain the asset profiles.
The most advanced artificial intelligence software generates profiles of aircraft, engines and their respective parts. The input to the software consists of the unstructured data uploads such as PDFs scans and image files. Our efficient digitized asset management system is capable of rebuilding technical trace with an automation rate of 85% compared to the traditional paper-based process.