As enterprises begin to invest heavily in extracting analytical and operational value from data, the FAIR data principles should be considered for highly-sophisticated master data management across various industries.
Blockchain Technology enables end-to-end component lifecycle visibility, trusted data exchange across internal and external MRO (Maintenance, Repair, and Overhaul) stakeholders, and unified operational efficiency across the MRO Value Chain. This results in decreased risk, decreased turn around time, and cost savings for the entire industry.
Any company looking to learn more about blockchain technology will quickly find that there are different network deployments — Permissioned (where the network is closed to invite-only nodes) and Permissionless (where the network access and participation are publicly available). Which network type makes sense for your use case?