Honeywell
Basics
- Based in North Carolina
- From Forbes Blockchain 50 (19-2-2020):
"Honeywell has developed a blockchain-based marketplace for used aerospace parts, a $4 billion industry full of expensive, specialized equipment and rigorous safety requirements. Honeywell’s GoDirect Trade platform collects information about aircraft parts over their entire life cycle and makes it available to potential buyers prior to the sale. Using a blockchain ledger allows Honeywell to securely aggregate this information from multiple, often competing, players. In its first year, GoDirect Trade processed more than $5 million in online transactions."
- From Forbes Blockchain 50 (2-2-2021):
"The industrial conglomerate has transferred more than 2 million aviation quality documents to a blockchain ledger, making them fully accessible to its customer base. It also operates blockchain-based marketplace GoDirect Trade, which lists $4 billion in used aviation parts and has attracted more than 10,000 users."
Tech
- Will use (19-2-2020): Hyperledger Fabric
Roadmap
Usage
Competition
Pros and Cons
Team, investors, Partnerships, etc.
Team
- Key Executive: Lisa Butters, Blockchain Product Applications Leader and General Manager of GoDirect Trade (2020 & 2021)
