SkyThread introduces SkyThread for parts to track aircraft parts

SkyThread has come up with an innovative blockchain SaaS solution that will capture and tracks all aircraft part events, both on and off aircraft, right from manufacturing through to decommissioning. The solution, named as SkyThread for Parts, SkyThread promises will unlock substantial efficiencies and cash flow benefits for all aviation stakeholders by providing critical visibility into the aviation supply chain. Mark Roboff, SkyThread’s co-founder and CEO, said: “SkyThread for Parts utilises the SkyThread Blockchain Data Network, which enables seamless data sharing between stakeholders in complex ecosystems with consensus-driven data governance and automated data validation. SkyThread does not replace the legacy