Thales, a French multinational company specializing in products and services for aerospace and defense industries, is using blockchain technology for a new management system at its production hub in Spain.
According to an official announcement on Nov. 5, Thales is seeking to deploy technologies like blockchain and big data to enable the digital transformation of its defense- and aeronautics-focused production and maintenance center.
As part of the initiative, the Paris-based company looks to comply with standards by the NATO and defense authorities by using blockchain to increase traceability of processes at the center. The announcement reads:
“To comply with NATO standards and those of the Ministries of Defense with which the company collaborates, blockchain will be used to ensure the traceability of all parts and products handled in the Production and Maintenance Center.”
According to the announcement, blockchain will be part of a new management system connecting with all the applications that are currently used on its network. The new platform is expected to efficiently connect all processes, improve communication with customers as well as maintenance operations.
Radio-communication, aeronautical and naval equipment are among the products that will have this new management system, the announcement notes.
Thales has been experimenting with blockchain to boost its operations in recent years. In 2018, it partnered with major consultancy firm Accenture to upgrade aircraft supply chains using blockchain.
Thales did not immediately respond to Cointelegraph’s request for comment.