What Web3/Web4 technologies could bring to aeronautics
Digital Twin / Smart Token

What Web3/Web4 technologies could bring to aeronautics

Tokenization of aircraft for a digital logbook

Introduction

In an industrial context where the reliability and security of technical information are paramount, Web3/Web4 technologies could play a key role by offering new, more secure, and reliable methods for managing aircraft.

What is tokenization?

Tokenization is the recording of an asset in a token—in this case, the registration of an aircraft in a token. However, an aircraft, like a helicopter, may consist of components that are also assets. It then becomes essential to have a solution capable of managing the complexity of this asset. OVOCHAIN's IRS technology addresses this through the creation of AVATARS, i.e., complex digital objects.

Key features used in our use case

  • AVATAR : Complex digital objects. A token can contain multiple nested tokens (e.g., an airplane token containing engine tokens, fuselage tokens, cockpit tokens, etc.).
  • OVOBOX : A digital safe feature available in each token, allowing secure storage and controlled data sharing.
  • Dynamic tokens : Cryptographic tokens capable of evolving over time, offering adaptive and flexible solutions.
  • Blockchain as a Service : Tamper-proof recording of events, customizable by the client.

Creating a digital twin as a token

The "tokenization" of the airplane in the form of an AVATAR corresponds to a "digital twin," where each element is an encrypted asset. The AVATAR is structured with the different components of the device according to the manufacturer's choice and needs. Each component can, in turn, be broken down into distinct sub-elements with parameterized access rights.

The AVATAR is equipped with functional tokens that can contain

  • Performance data : Flight parameters, fuel usage, real-time recordings, etc.
  • Maintenance status : Control logs, repairs, software updates.
  • Certifications : Information on mandatory aeronautical certifications, quality labels, environmental or CSR criteria.
  • Historical data : Manufacturer's production data, supplier information, and compliance certificates.

Application tokens

  • Messaging : The digital twin has a messaging system that can automatically contact the relevant parties for an action.
  • Predictive maintenance : A token controls the AI dedicated to the airplane, analyzing the AVATAR data, historical fleet data, manufacturer information, and workshop stock and planning to optimize maintenance.

Blockchains as a Service

Using a hybrid blockchain registry could offer unparalleled traceability and further secure sensitive data. Asset holders can notably choose their storage and also revoke token access.

Toward a new horizon : the digital logbook

The digital logbook could centralize all essential information for optimal maintenance management and regulatory compliance, thanks to the unmatched security and strong digital collaboration possibilities offered by IRS technology.

Virtualization and Web4 : A step towards the future

The advent of Web4 technologies opens the way for advanced aircraft virtualization, allowing for a more refined and accurate data analysis. This virtualization, combined with real-time data processing capabilities, creates an environment where predictive analytics become more robust and reliable. It can also facilitate advanced telemetry, real-time monitoring, and even the automation of certain maintenance functions, thereby improving not only safety but also operational efficiency. OVOCHAIN's IRS technology, integrated into this Web4 ecosystem, can play a key role in this transition by providing a sovereign and secure data architecture.

Conclusion

In a world where the reliability and security of information are more important than ever, Web3/Web4 technologies open new perspectives for the aeronautics industry. They promise to initiate fundamental changes that could go beyond current paradigms to shape the future of aviation.

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