Task: 1.1 Part A: Review Blockchain technology is used to establish a single source of truth in a number of industrial scenarios such as: agricultural food supplies, the coffee supply chain and generally across a number of logistics industries. The technology is also used in the aircraft industry to streamline the management of airmiles, the management of the air cargo supply chain, and anti-spoofing GPS systems. By referring to a single scenario, summarise the critical features that enable blockchain technology to be used to establish a single source of truth and thus protect against counterfeiting in the supply chain of your chosen scenario. 1.2 Part B: Technical Report Write a technical report which: 1. Describes the aircraft parts lifecycle for both new and recycled parts and identifies the parts of the lifecycle where industrial espionage and counterfeiting might pose a risk. 2. Evaluates how blockchain technology might support the process of, tracking, tracing and authenticating aircraft engine parts . 3. Despite what might appear to be speculative claims concerning the propensity for blockchain technology to become compromised and used in espionage , the overall consensus is that “blockchains distributed consensus mechanism prevents hacking” , and therefore the technology can present safeguards against espionage. Provide a critique of these opposing views. When writing this report, be mindful that: 4. The jet engines manufactured by AJD are supplied to companies in multiple international jurisdictions. 5. The report is intended for the consumption of the board members of AJD.
Subject Name: Information Technology
Level: Undergraduate
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