General Electric

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Basics

"GE is actively exploring blockchain through its $30 billion (revs) Aviation subsidiary, which has built what it calls a “back-to-birth” record of an airplane engine that records important details of the manufacturing process and specifics about maintenance performed. In an industry where complete, easily accessible records are critical to productivity (airline parts without proper documentation are not easily bought and sold), GE’s blockchain team has created a digitized paper trail in order to prevent engines with incomplete paperwork from sitting unused."

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